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212 N TELEGRAPH Road Monroe, MI 48162
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Key Details
Sold Price $467,000
Property Type Commercial
Sub Type Real Estate Only
Listing Status Sold
Purchase Type For Sale
Square Footage 7,476 sqft
Price per Sqft $62
Subdivision Telelm Place
MLS Listing ID 20230039774
Sold Date 12/01/23
Originating Board Realcomp II Ltd
Year Built 1951
Annual Tax Amount $7,972
Lot Size 0.940 Acres
Acres 0.94
Lot Dimensions 206.72X 129 IRREGULAR
Property Description
Large commercial building with an exceptional location on Telegraph, this property presents an incredible opportunity for various businesses. Situated at the corner of N. Custer, it boasts high visibility and a daily traffic count of over 26,000 vehicles, making it an ideal location for any business.
The building comprises two units. The first unit is a spacious 6,036 square foot auto repair facility, complete with a generously sized office and customer area, as well as a full bathroom. At the front of the shop, two bays are available for vehicle servicing, while the rear houses a sizable area with multiple storage rooms and a convenient half bath. Please note that the repair shop equipment is not included in the sale, but negotiable terms can be discussed. Additionally, the lift in the rear is excluded from the sale.
The second unit encompasses a 1,400 square foot retail space, which benefits from its own entrance and frontage on N. Custer. This area offers excellent potential for a retail business to establish a prominent presence and attract customers. This space is currently leased.
The property spans .96 acres of land. The expansive lot not only accommodates the existing building but also offers great potential for redevelopment projects, allowing entrepreneurs to explore new possibilities and maximize the property's value.
With its prime location, sizable square footage, and versatile layout, this large commercial building on Telegraph represents a rare investment opportunity. Whether you are looking to continue the existing auto repair and retail operations or embark on a new venture, this property offers the perfect combination of visibility, accessibility, and potential for future growth.
Location
State MI
County Monroe
Area Monroe
Zoning Commercial
Direction At the corner of N. Custer and Telegraph on the east side of the street
Interior
Hot Water Electric
Heating Forced Air
Exterior
Utilities Available 220V Available, Circuit Breakers
Roof Type Asphalt,Rubber
Road Frontage Class A, Paved, Highway
Building
Foundation Slab
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Level or Stories 1 Story
Structure Type Block/Concrete/Masonry,Metal Siding
Schools
School District Monroe
Others
Tax ID 58556900674000
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash, Contract, Conventional, Owner May Carry(Purchase Money Mortgage)
Listing Terms Cash, Contract, Conventional, Owner May Carry(Purchase Money Mortgage)
Financing Cash,Contract,Conventional,Owner May Carry(Purchase Money Mortgage)
Special Listing Condition Full Service
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Bought with Power House Group Realty