1150 Ternes dr - Commercial LAND FOR SALE


Monroe, MI 48162 115,434 SF
$1,500,000 USD
248-931-7694
1150 Ternes dr, Monroe, MI for Sale
$1,500,000 USD
Commercial LAND - FOR SALE
1/6
115,434 SF

1150 Ternes dr
Monroe, MI 48162


HIGHLIGHTS

  • This property presents a distinctive opportunity for conversion into a 68-room Comfort Suites Hotel, with full approval and detailed plans available.
  • This 2.65-acre site near the I-75 interchange offers rare large-scale development potential.
  • Its C-2 zoning allows flexible commercial use, including hospitality, retail, and office space.

OVERVIEW

1150 Ternes Drive, Monroe, MI 48162, is an optimal site for development due to its proximity to Interstate 75 and US-24, as well as the city's renowned mixed-use developments. The property benefits from a robust local workforce and is near major employers, including DTE Energy and Ford Motor Company. Additionally, its location is surrounded by retail hubs, healthcare facilities, and Monroe County Community College, enhancing its appeal for various commercial or industrial uses. Monroe has received $23 million for safety upgrades at railway intersections, further solidifying the city’s role as a transportation hub and improving road and rail safety in preparation for increased traffic and growth.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/ACRE

$566,038/AC

PRICE/SF

$13 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Comfort Suites Development Site

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Hotel, Motel

LAND ACRES

2.65 AC

LAND SF

115,434 SF

OFFSITE IMPROVEMENTS

-

ZONING

R-1A

APN/PARCEL ID

55-59-01909-023

ASK ABOUT THIS PROPERTY

Jasnayak SohiThe Sohi GroupMore Info
248-931-7694

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Jasnayak SohiThe Sohi GroupMore Info
248-931-7694

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.