$ 495,000
101, 103, 105 E Front Monroe, MI 48161
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$ 495,000
Est. payment | /mo
21,867 SqFt
$ 495,000
Est. payment | /mo
21,867 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
Listed by Monroe Real Estate - Monroe