For Sale
$249,900

546 Telegraph Rd Monroe, MI 48161

Established Restaurant, Great Lease Terms

Overview

Added:
Feb 3
Days on market:
73
This 9,692 square foot industrial property located at 546 S TELEGRAPH, Monroe, MI, presents a unique opportunity for business acquisition. Currently operating as Jazzy Steakburger, this established restaurant boasts brand-new equipment and a fully stocked inventory, allowing for immediate operation. The sale includes the existing business, eliminating the need for extensive start-up costs and permitting processes. The property sits on a 0.87-acre lot and is available for $249,900. The current lease is a Triple Net lease with 10 years remaining, plus a 3-year option to renew. Monthly rent is $4,000. The restaurant operates Monday through Saturday, 11 AM to 7 PM, extending hours to 8 PM during the summer months, catering to a consistent customer base. The seller is motivated and open to offers, and is willing to provide training to ensure a smooth transition. Detailed financial information is available upon execution of a Non-Disclosure Agreement (NDA). This turnkey operation offers a significant advantage for prospective buyers seeking a profitable and established business venture. Don't miss this chance to acquire a thriving business with a long-term lease in a desirable location. Schedule a showing today.

Property Details for 546 Telegraph Rd

Property type
Industrial properties
Square Feet
9,692 SF
Year Built
1919
Lot Size (sq. ft)
37,897 SF

Location Insight

City
Monroe
County
Monroe
State
Michigan
Latitude
41.91898
Longitude
-83.41747
546 Telegraph Rd, Monroe, Michigan

FAQs

What type of property is this?
Industrial property - Established Restaurant, Great Lease Terms
Where is the industrial property located?
The property is located at 546 Telegraph Rd Monroe, MI.
What is the asking price?
The asking price for this property is $249,900.
How can I contact the broker?
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546 Telegraph Rd
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