Comfort Suites Development Site
Hospitality | 68 Keys
Marketing description
1150 Ternes Drive, Monroe MI 48162, is an optimal site for development due to its proximity to Interstate-75 and US-24. the city's renowned mixed-use development. The property benefits from a robust local workforce and is close to 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 a variety of 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.
Investment highlights
This property presents a distinctive opportunity for development into a 68-room Comfort Suites Hotel, with detailed plans available for review.
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.
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
