Active
1395 N Telegraph Road
Monroe MI, 48162
$1,500,000
$259.43 per sqft
Active
5,782 sqft
Commercial
Built in 1976
Prime Redevelopment Opportunity - Fusion Restaurant Property This remarkable redevelopment property currently houses Fusion Restaurant (tenant will vacate), with a historical connection to the iconic Ponderosa Steak House. Boasting a spacious 5,782 square feet and situated on the bustling Telegraph Rd (US-24), it's a gem of a location with boundless potential. The property's excellent condition is a testament to its quality and upkeep. It's ready and waiting for the next chapter in its story, making it an enticing opportunity for visionary entrepreneurs and developers. Positioned directly in front of Monroe Mall, this property enjoys a front-row seat to the vibrant commercial scene. Its proximity to numerous national chain restaurants further enhances its appeal, creating a dynamic atmosphere that draws both locals and visitors alike. Ease of access is a key advantage here, with straightforward in and out access for patrons, ensuring a seamless and enjoyable experience. In summary, this redevelopment property presents a rare chance to shape the future of a prime location on Telegraph Rd (US-24). Whether you have a specific vision for its transformation or are exploring the potential of its versatile space, this property is a canvas for your entrepreneurial aspirations. Don't miss out on the opportunity to be part of the vibrant commercial landscape in this sought-after area.
50044607
MLSⓇ ID
June 10, 2021
Listed
August 23, 2024
Updated
Map
1395 N Telegraph Road
Monroe MI, 48162
Interior Features
Appliances
Gas Water Heater
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
0.92 Acres
Sewer
Public Sanitary
Other Property Details
Area Name
Frenchtown Twp (58007)
Taxes
$22,121
Tax Frequency
Annually
Days on Market
914
Garage
No
Parking
21 Spaces
View
No
County
Monroe
Water Source
Public
Pool
No
Listing History
Date | Event | Price |
---|---|---|
10/17/2023 | Price change | $1,500,000 15% |
Exclusive Listing Agents
Tom Fritz
Cole McNew
Listed by Tom Fritz with Coldwell Banker Haynes R.E. - Monroe
Listing Contact: 734-625-7100
Based on information originating from the MiRealSource as of 8/23/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 8/23/2024 at 2:08 PM UTC