2406 N Telegraph
Monroe, MI, 48162 $ 250,000
Baths0.0 Monthly Estimate*
$ 1,746
Studio
for $250,000. The lot size is 1.
Premier 1-Acre Retail Development Opportunity This remarkable 1-acre property is perfectly positioned just north of the retail powerhouses-Walmart Supercenter, Meijer Grocery, and Aldi Grocery. It's not just about location; it's about being adjacent to Tractor Supply and surrounded by a plethora of national chain restaurants and big-box retailers, making it a prime destination for businesses seeking a prominent spot in a thriving commercial area. The convenience factor here is outstanding. Imagine your business nestled in the heart of a bustling retail hub, with Frenchtown Mall, Lowes, Kohls, TJ Max, Dunhams, Hobby Lobby, Ruby Tuesdays, Applebees, Flagstar Bank, AT&T, Verizon, Jimmy Johns, Belle Tire, Bob Evans, and more, all within a stone's throw. What's more, the neighboring properties to the north are also available for sale, offering the potential for expansion or larger-scale development, up to 3 acres, to accommodate your vision. The property's current zoning as C-2 opens doors to a wide array of possibilities. It's a versatile canvas, whether you're envisioning a retail storefront, a restaurant, or even a shopping center. All utilities are readily available, streamlining the development process and ensuring that your project has the necessary infrastructure in place. In summary, this 1-acre gem represents an exceptional retail development opportunity in a prime location. Its proximity to major retailers, national chains, and adjacent properties for sale make it a highly sought-after location for entrepreneurs and developers. If you're looking to make your mark in the retail or restaurant industry, this property offers an ideal canvas for your ambitious plans. Don't miss the chance to be part of this dynamic and thriving commercial landscape.
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FeaturesGeneralSewer Public Sewer (Sewer-Sanitary)
Zoning Commercial
Property Type Vacant Land
Transaction Type Sale
Status Active
Short Sale No
Cumulative Days on Market 997
MLS Area Monroe
City Monroe
Terms Offered Cash Conventional
School District Monroe
Land Contract 0
Ownership Status Short Sale - No Private Owned
Street Name TELEGRAPH
DOM 997
Taxes 1491.0000
Legal Description F-930 SEC 20 T6S R9E & PC 79 & 675 2 AMOL COM AT PT ON E LI TELEGRAPH RD 425.08 FT N 19 DEG E FR INT E LI TELEGRAPH RD W/CL LITTLE SANDY CREEK TH S 67 DEG 40'E 524.82 FT TH N 17 DEG 39'E 167.24 FT TH
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ExteriorWaterfront 0
Lot Size Area 1.00
Water Source Public (Municipal)
Lot Size Dimensions 83x523
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Internal OnlyOriginating MLS Southeastern Border Association of REALTORS®
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* Excluded FeaturesList ByColdwell Banker Haynes R.E. - MonroeBroker
Affordability Calculator
- Monthly Principal & Interest
- $1,746
- Monthly Property Taxes
- $133
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.49% 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 $236,162
Percent of Sale Price 6%
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 HistoryDate | Price | Price Change | Description |
---|
7/23/2021 | $225,000 | | Listed Price |