Monroe, MI 48162,212 N TELEGRAPH Road
$467,000
$575,000
18.8%
Est.Price: ?

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7,476 SqFt

212 N TELEGRAPH Road Monroe, MI 48162

Est. payment /mo
SOLD DATE : 12/01/2023

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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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Realcomp MLS
Listed by Michael Procissi of Power House Group Realty
Bought with Power House Group Realty

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agent

Dylan Tanaka

Broker Associate | License ID: 6506046373

+1(248) 609-3030

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