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

Overview

1150 Ternes Drive, Monroe MI 48162, is a prime development site given its proximity to I-75, US-24, and the city’s growing mixed-use developments. The area offers access to a strong local workforce and is near major employers like DTE Energy and Ford. It’s also surrounded by retail centers, healthcare facilities, and Monroe County Community College, making it ideal for commercial or industrial use. Recent $23 million investments in railway intersection safety further reinforce Monroe’s position as a key transportation hub poised for growth.

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Investment Highlights

Approved Plans: This property offers a unique opportunity to develop a 68-room Comfort Suites Hotel, with full municipal approvals and detailed architectural plans ready for review. Incentives Available: Choice Hotels is currently offering attractive incentives for investors interested in moving forward with the Comfort Suites development. Prime Location: Ideally situated just off Interstate-75—one of the busiest highways in the U.S.—the site benefits from high visibility and consistent regional traffic. Flexible Zoning: The C-2 commercial zoning designation allows for a wide range of uses, including hospitality, retail, and office development.

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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