Homes for sale - 611 S Monroe Street, Monroe, MI 48161

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Chris Hubel

chris@chrishubel.com +1(248) 568-6030

$ 159,000

Est. payment -/mo

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611 S Monroe Street Monroe, MI 48161

3,451 SqFt

UPDATED:

11/26/2024 04:36 PM

Key Details

Property Type Commercial

Sub Type Real Estate Only

Listing Status Active

Purchase Type For Sale

Square Footage 3,451 sqft

Price per Sqft $46

MLS Listing ID 57050137546

Originating Board Southeastern Border Association of REALTORS®

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

Zoning Commercial

Interior

Hot Water Natural Gas

Heating Forced Air, Central Air

Heat Source Natural Gas

Exterior

Roof Type Shingle

Road Frontage Paved

Building

Foundation Crawl, Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Schools

School District Monroe

Others

Tax ID 2000113000

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Full Service

Listed by Cole McNew of Coldwell Banker Haynes R.E. in Monroe