$159,000
611 S Monroe Street Monroe, MI 48161
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$159,000
Est. payment /mo
3,451 SqFt
Active
611 S Monroe Street Monroe, MI 48161
UPDATED:
04/05/2024 06:52 PM
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 3,451 sqft
Price per Sqft $46
Subdivision Mi
MLS Listing ID 50137546
Year Built 1913
Annual Tax Amount $3,286
Lot Size 9,147 Sqft
Acres 0.21
Lot Dimensions 60 x 150
Property Description
Discover a versatile investment with this three-unit mixed-use property, perfectly positioned in the bustling heart of Monroe. Boasting a combination of residential and commercial spaces, this property offers immense potential for investors seeking a lucrative venture in a thriving location. At the forefront of the property stands a spacious three-bedroom home, which could provide comfortable living quarters for residents seeking convenience and charm. Adjacent to the residence, a retail store awaits, poised to accommodate a diverse range of businesses. With a prominent street frontage, this retail unit presents an unparalleled opportunity for entrepreneurs to establish their presence in a high-traffic area. Completing the trio of offerings is a versatile workshop space, perfect for artisans, or craftsmen. Equipped with essential amenities and ample room for creativity, this workshop adds invaluable utility to the property. Replacement windows throughout. Both furnaces are new. Some new siding and insulation. Convenience is key, with parking available both in front and behind the property, ensuring hassle-free access for residents, customers, and employees alike. Situated just a stone's throw from Monroe's bustling downtown business district, this property enjoys unparalleled proximity to a wealth of amenities and attractions. Surrounding neighbors include renowned establishments such as Kroger Grocery, Hungry Howies Pizza, Jimmy Johns, McDonald's, convenience stores, and an array of other thriving businesses. Don't miss this rare opportunity to secure a lucrative investment in one of Monroe's most sought-after locations. Whether you're an astute investor, a budding entrepreneur, or a homeowner seeking additional income streams, this mixed-use property promises potential. Schedule your viewing today and unlock the gateway to urban prosperity!
Location
State MI
County Monroe
Area Monroe (58026)
Zoning Commercial
Interior
Heating Forced Air
Cooling Central A/C
Exterior
Garage 3-5 Spaces
Waterfront No
Roof Type Shingles
Building
Foundation Basement, Crawl
Water Public Water
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Coldwell Banker Haynes R.E. in Monroe
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