101,103,105 E Front Active

Monroe,MI 48161

$ 495000

- Bed

0 Bath

21867 SqFt


Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 21,867 sqft

Price per Sqft $22

Municipality Monroe City

Subdivision Monroe City

MLS Listing ID 50141571

Originating Board MiRealSource

Year Built 1909

Lot Size 6,534 Sqft

Acres 0.15

Property Description

Looking for a standout investment? The commercial property at 101, 103, and 105 E. Front St.in Monroe, Mi. is a perfect match for investors and business owners. Listed for $495,000, this historic building offers 21,867 square feet of prime commercial space in the heart of Monroe's riverfront district. Built in 1909. it features 20 rentable units that generate over $77,000 in annual income. It's central location, just steps away from local shops, restaurants, and the river, makes it an attractive spot for tenants, ensuring a steady flow of rental revenue. The property combines the charm of it's historic brick exterior with practical modern upgrades, including a boiler heating system, window air conditioning units, and access to public water and sewer systems. With a variety of unit sizes,

Location

State MI

County Monroe

Area Monroe County - 60

Zoning Professional Office,Comme

Body of Water River Raisin

Interior

Cooling Wall Unit(s),Window Unit(s)

Exterior

Waterfront Yes

View Y/N No

Roof Type Other

Building

Sewer Public

Structure Type Block,Brick

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