14
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$350,000
Est. payment /mo
7,629 SqFt
New
501 E First Street Monroe, MI 48161
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Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 7,629 sqft
Price per Sqft $45
Municipality Monroe City
Subdivision Monroe City
MLS Listing ID 50224129
Year Built 1915
Lot Size 0.260 Acres
Acres 0.26
Property Sub-Type Industrial
Source MiRealSource
Property Description
This unique offering includes two parcels featuring a commercial building, attached storage garage, and adjacent income-producing residential property with approximately 7,629 SF combined. Formerly utilized for a heating and cooling business, the commercial space offers flexibility for a variety of potential uses with convenient street, garage, and off-alley parking. The residential property is currently fully occupied, providing an established income stream from day one. The current owner occupies the commercial building and will vacate upon sale. With distinctive character, multiple buildings, existing rental income, and two parcels included, this property presents an excellent opportunity for an owner-user, investor, or entrepreneur looking for a versatile property in Monroe.
Location
State MI
County Monroe
Interior
Heating Forced Air
Cooling Central Air
Exterior
View Y/N No
Building
Sewer Public
Structure Type Block
Others
Tax ID 55 39 00521 000
Listed by Coldwell Banker Haynes Real Estate Commercial
NEARBY SCHOOL & BUSINESS
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