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1150 Ternes DrMonroe, MI 48162
Comfort Suites Development Site
Asset ClassLand, Hotel & Hospitality, Mixed Use
Site Area115.43 K Sq. Ft
Development Opportunity: Approved Plans - Comfort Suites - $1.5M - 2.65 Acres
overview of deal

Overview

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.

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Investment Highlights

This property presents a distinctive opportunity for conversion into a 68-room Comfort Suites Hotel, with full approval and 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.

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1150 Ternes DrMonroe, MI 48162
Detroit Metro Airport
University of Toledo
River Raison Battleground Park
Monroe Harbor
Downtown Monroe

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Listing provided by Revere CRE