1150 Ternes dr - Commercial LAND FOR SALE


Monroe, MI 48162 115,434 SF
$1,350,000 USD
248-720-5904
1150 Ternes dr, Monroe, MI for Sale
$1,350,000 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 in Monroe, Michigan is an exceptional commercial development opportunity strategically located near the I-75 interchange and US-24. The 2.65-acre parcel offers approved plans for the development of a 68-room Comfort Suites Hotel, making it a prime candidate for hospitality investment. Its flexible C-2 zoning also allows for a diverse range of commercial uses including retail, office, and mixed-use development, adding significant value for buyers seeking long-term optionality. The site benefits from immediate proximity to key regional employers such as DTE Energy, Ford Motor Company, and Monroe County Community College, ensuring strong connectivity to both corporate and institutional demand drivers. Surrounding amenities include retail hubs and healthcare facilities, providing convenience for prospective consumers and hotel guests. Recent infrastructure improvements, including $23 million in Monroe roadway and railway upgrades, reinforce the city’s position as an evolving transportation hub, increasing accessibility and growth prospects. Investors can capitalize on rising demand linked to Monroe’s steady commercial expansion with this strategically positioned property. Whether developed into a branded hotel or adapted for broader commercial purposes, the parcel offers rare scale and visibility in a highly accessible corridor, making it a compelling value-add opportunity.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/ACRE

$509,434/AC

PRICE/SF

$12 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

Jasdeep SohiThe Sohi GroupMore Info
248-720-5904

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Jasdeep SohiThe Sohi GroupMore Info
248-720-5904

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