833 N Telegraph Road Monroe, MI $ 319,900
833 N Telegraph Road
$ 319,900
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833 N Telegraph Road

Monroe, MI, 48161
$ 319,900
Baths0.0 Sq 2,000

Monthly Estimate*

$ 2,235

833 N Telegraph Road, Monroe, MI 48161 - Image 1
Studio

Commercial Property for sale in Monroe, MI

for $319,900. This 2,000 square foot building was built on a lot size of 1.32.

The subject property under consideration encompasses a single legal parcel spanning approximately 1.36 acres, characterized by a mix of clear and lightly wooded terrain. Situated prominently along North Telegraph Road, a thoroughfare boasting a notable Annual Average Daily Traffic (AADT) volume of 24,096 vehicles, the parcel holds strategic commercial potential. Currently housing a structure utilized by the Monroe County Humane Society, the building's functional obsolescence and incongruence with the prevalent commercial profile of the surrounding properties delineate opportunities for redevelopment aligned with market demand. Notably, the property adjoins a Sonic Drive-In to the south and a compact two-unit strip mall to the north, embedding it within an established commercial enclave. Physically, the parcel assumes a narrow and rectangular configuration, with frontage directly abutting North Telegraph Road. While the frontage area predominantly features clear terrain conducive to commercial activities, the rear portion is characterized by a lightly wooded expanse, lending potential for landscaping or auxiliary developments. Of significance is the administrative delineation within the property, with the border between Frenchtown Township and the City of Monroe traversing its center. Despite this geographic division, administrative functions such as recording, taxation, and assessment are administered exclusively by the City of Monroe, underscoring its municipal affiliation. Regarding environmental considerations, the property's exclusion from Special Flood Hazard Areas, as delineated by the FEMA Flood Map Service Center, augments its desirability from a risk mitigation standpoint. Moreover, the availability of essential utilities including electric, natural gas, public water, and sewer services further enhances its development feasibility. In sum, the subject property presents a compelling investment opportunity poised at the intersection of strategic location, commercial potential, and favorable municipal and environmental attributes.

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Commercial Active

Price

$ 319,900

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 8,495

Style

Commercial/Industrial

Lot Size

1.32

Town/City

Monroe

County/Region

Monroe

MLS | Web ID

50141351

Features
General
Water Public Water
Status Active Active
Parking 6-10 Spaces
County Monroe
Class COM/IND/BUS OPP
Type Commercial/Industrial
Percent Ownership Private
Municipality Monroe
Zoning Commercial
Subdivision MI
Area Monroe (58026)
Primary City Monroe
Directions North on Telegraph (US-24) at N Telegraph and Frederdicks
City Monroe
Street Name Telegraph
Financial Terms Cash Conventional
Legal Description COLBY PLACE LOTS 10 & 11
DOM 9
Postal Code 48162
Price Per Sq Ft Total 159.95
Coming Soon The subject property under consideration encompasses a single legal parcel spanning approximately 1.36 acres
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Exterior
Frontage 114
Lot Size Area 1.32
Lot Dimensions 114 x 524
Waterfront Y/N No
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* Excluded Features
List By
Cole McNew

Listing Agent

Coldwell Banker Haynes R.E. - Monroe

Broker

colemcnew@icloud.com

Email

Affordability Calculator

$2,943
Per Month
76%
24%
0%
Monthly Principal & Interest
$2,235
Monthly Property Taxes
$708
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.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/8/2024$319,900 Listed Price

Map


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833 N Telegraph Road, Monroe, MI, 48161 is a Commercial Property for sale at $319,900 with 2,000 sqft and a lot size of 1.32. 833 N Telegraph Road is a studio with 0.0 baths. The property's zip code is 48161 which is in Monroe, MI