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    986 S Telegraph Rd Monroe, MI 48161

    For Lease
    $2,964 /Mo ($13 SF/Yr)

    Commercial/Industrial - Monroe, MI

    Property size:
    2,736 SF
    Lot size:
    2.58 Acres
    Days on Market:
    243
    Last Refresh:
    Dec 14 at 1:06 am

    Property Features for 986 S Telegraph Rd

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    1202006500
    Size
    2,736 SF
    Lot size
    2.58 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1984
    Building materials
    Brick
    Roof type
    Metal
    Architectural style
    Other

    Century 21 Allstar Real Estate (734) 241-2700 [email protected]

    Listing agent Carrie Cartwright (734) 241-2700 License #6502130142

    Listing date Apr 16, 2025

    MLS# 50133912 Listing URL

    Copyright © 2025 Monroe County Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Monroe Retail Space For Rent

    Located in Monroe, Michigan, this commercial property offers rental units within a strip mall setting. The property is undergoing renovations, including updates to the parking lot, exterior, and interior. Available spaces range from 864 square feet to 2750 square feet, with options to suit specific needs. The property is suitable for various uses, including professional offices, retail establishments, restaurants, massage therapy practices, medical offices, and counseling centers. The lot size is 2.58 acres. The property is located on S. Telegraph and offers high exposure.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Michael E. Boudrie, ... Doctor Kari L. Hughes, ... Doctor

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Monroe
    State
    Michigan
    Longitude
    -83.4156082
    Latitude
    41.9220351

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      Turn-Key Professional Office Space

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    FAQs

    What type of property is this?
    Strip mall - Retail and office spaces available in renovated Monroe strip mall.
    Where is this strip mall located?
    The property is located at 986 S Telegraph Rd Monroe, MI.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: - High-exposure location on S. Telegraph.; - Newly renovated parking lot, exterior, and interior.; - Low rent rates.
    (734) 241-2700
    Request Owner's contact information
    986 S Telegraph Rd Monroe, MI 48161
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    Monroe, MI 48161
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    986 S Telegraph Rd Monroe, MI 48161
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