Restaurant Building with
For Lease
Contact for pricing
1240 N Dixie Hwy, Monroe, MI 48162
Former IHOP restaurant building with 200’ frontage on Dixie Highway and monument plus highway pylon signage.
Space SizeContact for details
Property Size5,114 SF
Days on Market287
Property Features for 1240 N Dixie Hwy
General Information
Standard status
Active
Size
5,114 SF
Property subtype
Retail
Zoning
C-D
Building Details
Building Size
5,114 SF
Listing Agency:
Mid America Real Estate - Michigan Inc
Listed By:
Jared Gell
(248) 855-6800
Source:
Cpix.resimplifi
Added: Jan 7
Changed: Oct 14
Last Checked: Oct 20 at 5:16PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mid America Real Estate - Michigan Inc
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Investment Insights
Based on property information with market context.
This restaurant building was formerly operated as an IHOP and totals 5,114 SF. The property sits on 1.377 acres and includes 94 parking spaces for customer convenience. Signage features both a monument and a highway pylon, supporting visibility for passersby.
The site offers approximately 200’ frontage along Dixie Highway and convenient access from Dixie Highway and Ternes Drive via a signalized intersection. The property is adjacent to a Starbucks-anchored development.
Zoned C-D (Dixie Commercial District), the property permits restaurants and includes special uses such as retail, drive-thrus, gas stations, hotels, and other uses.
The site offers approximately 200’ frontage along Dixie Highway and convenient access from Dixie Highway and Ternes Drive via a signalized intersection. The property is adjacent to a Starbucks-anchored development.
Zoned C-D (Dixie Commercial District), the property permits restaurants and includes special uses such as retail, drive-thrus, gas stations, hotels, and other uses.
Key Highlights
- Former IHOP with 5,114 SF building on 1.377 acres at the I‑75 & Dixie Highway interchange
- 200’ frontage on Dixie Highway with monument and highway pylon signage
- 94 parking spaces included
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
101
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 48162, MI
29,156
Population
12,698
Households
2.3
Avg Household Size
43
Median Age
24%
College-Educated
91%
High-School Grad
57.5 sq mi
ZIP Area
507
Density / Sq Mi
$68,801
Median Household Income
$41,678
Median Earnings
$912
Median Rent
$192,200
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Former IHOP restaurant building with 200’ frontage on Dixie Highway and monument plus highway pylon signage.
Where is this conventional restaurant located?
The property is located at 1240 N Dixie Hwy Monroe, MI.
What are key features of this property?
This property features: Former IHOP with 5,114 SF building on 1.377 acres at the I‑75 & Dixie Highway interchange; 200’ frontage on Dixie Highway with monument and highway pylon signage; 94 parking spaces included
