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$1,500,000

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  • MLS# 57050044607
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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 Information

Status
Active 
Address
1395 N Telegraph 
City
Monroe 
Zip
48162 
Year Built
1976 
Listing Date
06/10/2021 
County
Monroe 
Above Grade SqFt
5,782 
Price/SqFt
259.43 

School Information

School District
Monroe 

Taxes

Summer Taxes
$4,793 
Winter Taxes
$17,328 

Features

Zoning
Commercial 
Water
Public (Municipal) 
Sub Property Type
Commercial 
Heating
Central Air, Forced Air, Natural Gas 

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Market Statistics
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
57050044607 Oct 17 2023 9:05AM $1,500,000 $1,300,000 986
57050044607 Active Jun 10 2021 1:14PM $1,300,000 986
School Information
Local Business

Learn More About This Listing

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-304-6700

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

By proceeding, you consent to receive calls and texts at the number you provided, including marketing by voice, and email, from us and others about your inquiry and other home-related matters, but not as a condition of any purchase. You also agree to our Privacy Policy regarding the information relating to you. Msg/data rates may apply.

Listing Broker

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Listing Courtesy of Coldwell Banker Haynes R.e. - Monroe
(734) 242-8484
Office Address 15489 S. Telegraph Rd.

1395 N Telegraph Monroe
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$1,500,000
For Sale • Acres: 0.92 • Zoning: Commercial