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Prime Car Wash Development Opportunity
For Sale
$1,200,000

227 Stewart Rd, Monroe, MI 48162

1.3-acre MU-2 zoned property in Monroe's retail district.

Property SizeContact for details
Lot Size1.35 Acres
Days on Market164

Property Features for 227 Stewart Rd

General Information

Standard status Active
Lot size 1.35 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $7,270

Building Details

Year Built 1966
Listing Agency: Coldwell Banker Haynes Real Estate, Inc.
Listed By: Katie Burroughs · License #6501393164
Source: Elliman
Added: Mar 11 Changed: Aug 8 Last Checked: Aug 20 at 10:50AM

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 Coldwell Banker Haynes Real Estate, Inc.

Investment Insights

Based on property information with market context.

This 1.3-acre property, zoned MU-2 and currently operating as a car wash, presents a development opportunity. Situated at the intersection of M-125 and US-24, the site benefits from high visibility within Monroe's retail and business district, surrounded by shops, restaurants, and local attractions. The property's zoning allows for a range of potential uses, including office space, retail, and entertainment venues.

Key Highlights

  • Prime MU‑2 zoning allows for diverse development opportunities.
  • Exceptional 1.3‑acre property size.
  • Located at the high‑traffic intersection of M‑125 and US‑24.

Property Analytics

Current Use

Car washes

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Restaurant Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

505
Businesses Nearby

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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Car wash - 1.3-acre MU-2 zoned property in Monroe's retail district.
Where is this car wash located?
The property is located at 227 Stewart Rd Monroe, MI.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Prime MU‑2 zoning allows for diverse development opportunities.; Exceptional 1.3‑acre property size.; Located at the high‑traffic intersection of M‑125 and US‑24.
More about this property
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