704 N TELEGRAPH Road
Monroe, MI, 48162 $ 220,000
Baths0.0 Monthly Estimate*
$ 1,355
Studio for $220,000. The lot size is 0.88.
Prime Commercial Development Opportunity – High-Traffic, High-Visibility Site This strategically located vacant development site offers an exceptional opportunity for a variety of commercial ventures. The previous building has been cleared, providing a blank canvas for your vision, whether it’s retail, office, or mixed-use development. Already Verified with the Township: CT ZONING, Thoroughfare Commercial, Mix use commercial buildings, shopping centers and fast food restaurants. With over 30,000 vehicles passing by daily, the site boasts unparalleled visibility and accessibility, making it an ideal location for attracting customers and clients. Situated just one mile north of the picturesque River Raisin and adjacent to a bustling retail and restaurant corridor, this property is surrounded by major national brands, including Meijer, Walmart, Lowe's, Staples, Culver's, McDonald's, Dairy Queen, Five Guys, and more. The site benefits from strong foot traffic and a prime location in a rapidly expanding area. In addition to its strategic positioning, the Monroe City Municipal Authority is highly supportive of new development, further enhancing the appeal of this location. Whether for retail, commercial, or mixed-use purposes, this property presents an unparalleled opportunity in a thriving, high-demand market. Don’t miss your chance to capitalize on this rare find in one of the area’s most sought-after corridors.
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FeaturesGeneralSewer PublicSewer
Possession AtClose
Garage Spaces 0.0
Property Subtype ImprovedLand
County Monroe
New Construction N
Property Type Land
HOA N
Attached Garage N
Subdivision Name TELELM PLACE
Garage Y/N N
Status Pending
Directions On Telegraph West Front Street and Cole Rd
City MonroeCity_Monroe
Senior Community Y/N N
High School District Monroe
Zoning Description Commercial
MLS Area Area06122Monroe
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 4168.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Pending
Tax Assessed Value 60850
Expected Active Date 2025-11-09
Legal Description TELELM PLACE LOTS 65 TO 67 INCLUSIVE
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ExteriorWater Source Public WateratStreet
Spa N
Lot Dimensions 150.00 x 129.00
Lot Size Acres 0.88
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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InteriorBasement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $1,355
- Monthly Property Taxes
- $347
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Monroe, MI
Average List Price $194,686
Percent of Sale Price 12%
About Monroe, MI 20,059 Population
-7% Since 2002
$ 43,524 Median Income
37.98 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
848016 Elementary School
848002 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/9/2025 | $220,000 | | Listed Price |