$1,500,000
For Sale

1395 N Telegraph

Monroe, MI 48162
Type:Purchase
Structure:Commercial
Zone:Commercial

Description

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.

  • Property Details
      • Acres0.92
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1976
    • Material information
      • FoundationSlab
  • Community and Neighborhood Details
      • CountyMonroe
  • Financial Details
      • Original List Price$1,300,000
      • Days on Market (Cumulative)859
      • Buying Agency Compensation2%
  • Other
      • MLS #G50044607
  • -
      • Garage Spaces0

Location

Workhorse Realty LLCReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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