828 S Monroe St - Freestanding FOR SALE


Monroe, MI 48161
$170,000 USD
734-624-4923
828 S Monroe St, Monroe, MI for Sale
$170,000 USD
Freestanding - FOR SALE
1/10
null | Request Cap Rate

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828 S Monroe St
Monroe, MI 48161


HIGHLIGHTS

  • Living Quarters
  • Downtown Monroe
  • High Visibility

OVERVIEW

Position your business in a highly visible, high-traffic Monroe Street location with outstanding exposure and excellent potential for a variety of uses. This charming front-gable building offers character and flexibility, making it ideal for a salon, professional offices, boutique retail shop, service business, or other commercial venture. Most recently operated as a hair salon with five booth stations, the main level provides functional commercial space that can easily be adapted to fit your business needs. The property's prominent Monroe Street frontage offers exceptional visibility, helping your business attract attention from both vehicle and pedestrian traffic. Adding to the investment appeal is a leased upper-level apartment currently occupied on a month-to-month basis, providing immediate rental income. The apartment features 1-2 bedrooms and includes garage access for the tenant. The detached garage offers a solid concrete floor and overhead door, providing valuable space for vehicle storage, inventory, equipment, workshop use, or additional tenant amenities. Whether you're an owner-occupant looking to operate your business while generating rental income, or an investor seeking a mixed-use property in a highly visible location, this property presents a unique opportunity in the heart of Monroe.

FOR SALE DETAILS

PRICE

$170,000 USD

PRICE/SF

$71 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1943

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

C2

APN/PARCEL ID

12-020-212-00,55-29-00484-000

ASK ABOUT THIS PROPERTY

Cole McNewColdwell Banker Commercial HaynesMore Info
734-624-4923

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Cole McNewColdwell Banker Commercial HaynesMore Info
734-624-4923

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.