1255 S Telegraph Road $545,000

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    1255 S Telegraph Road Monroe, MI 48161

    Sold
    SOLD 12/1/2023

    $545,000

    • 4,928 sq. ft.
    • 1.29 Acres
    • Commercial
    • MLS# 50121910
    1255 S Telegraph Road, Monroe, MI 48161
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    Listing provided courtesy of: Berkshire Hathaway Hudkins Realtors in Monroe - 734-242-4700
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    Property Details

    Professional office building on Telegraph Road in a great location near other commercial space and residential. Two suites each are 2464 square feet including common area. Set up great for professional space, conference rooms multiple offices. 1232 sq ft of basement space is great for storage. One side has a long term 30+ year tenant with an active lease other side is available for occupancy by January 1, 2024. Building has been well maintained and has had many updates over the past few years. Parking lot was completely redone 3 years ago. Visible signage. Total income for 2022 was $76980.

    • General Features
      • Acreage 1.29
      • Area Municipality Monroe Twp (58012)
      • County Monroe
      • Originating MLS Southeastern Border Association
      • Ownership Private
      • Total SqFt Finished 4928
      • Waterfront Y/N No
      • Year Built 1993
      • ZONING Commercial
    • Building Features
      • Cooling System Central A/C, HVAC
      • Exterior Construction Brick, Vinyl Siding
      • Exterior Features Lawn Sprinkler
      • Foundation Type Basement, Slab
      • Heating System Forced Air
      • FUEL TYPE Natural Gas
      • Roofing Shingle/F-Glass
    • Property Features
      • Water Public Water
      • PARKING 21+ Spaces
      • Lot Size 160x350
      • Roads Class A
      • Sewer Septic Public Sanitary

    Neighborhood

    48161 (Monroe) Demographics

    42 Median Age
    568 Population Density (per sq. mile)
    27% College Educated
    $53,982 Estimated Median Income
    8,248 Estimated Total Home Owners
    3,124 Estimated Total Renters
    73% / 27% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    26,483 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $222,500 Median Sales Price
    16 Homes Sold
    34 New On Market

    Average Days on Site

      Properties for Sale
        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- New in Database Source: Multiple Listing Service New Value: $0 -100%
        12/1/2023 3:00:00 AM Sold Source: Multiple Listing Service New Value: $545,000
        11/14/2023 12:36:36 PM Status Changed Source: Multiple Listing Service New Value: Pending
        Information is provided in part by the IDX program of the Great Lakes Repository. All information provided is deemed reliable but is not guaranteed and should be independently verified.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.