Megan Koch Real Estate Agent
Refine Search

750 S Monroe Street, Monroe, MI 48161

$459,900
  • 750 S Monroe Street, Monroe, MI 48161 Main Photo

20 Total Photos [Click to View All]

New to the Market Active
SQUARE FEET6,560 MLS#50202758
STATUSActive PROPERTY TYPECommercial - Office

Property Description

This professional commercial building at 750 S Monroe offers a premier investment or owner-user opportunity in a high-visibility corridor of Monroe, Michigan. The property features a well-maintained, single-story professional aesthetic characterized by classic brickwork and expansive floor-to-ceiling windows that flood the interior with natural light. Currently configured as a multi-unit center, the 6,550-square-foot building is home to established professional services, such as the Insurance and Wellness, providing a sophisticated environment for medical or office use. Each of the three units is equipped with modern infrastructure, including individual climate controls where tenants are responsible for their own electricity and gas. Strategically positioned on a heavily traveled thoroughfare, the location ensures excellent brand exposure and convenient access for clients and employees alike. The property is currently performing with a strong Net Operating Income of $37,000.00, supported by a diverse group of tenants. With a valuation of $462,000 based on an 8% capitalization rate, this asset aligns closely with the assessors valuation of $574,000.00, representing a stable and attractive addition to any commercial portfolio. Whether you are looking to maintain the current tenant mix or occupy a portion of the space, 750 S Monroe stands as a landmark professional hub in the heart of the community.

750 S Monroe Street | MLS# 50202758

This commercial property located at 750 S Monroe Street, Monroe, MI 48161 is currently listed for sale with an asking price of $459,900. Search Monroe real estate on www.buysellwithmegankochnow.com today.

Property Features

Property Type: Commercial - Office
Cooling: Central A/C
Fuel Type: Natural Gas
Heating: Forced Air
Lot Size: 0.50 Acres
Roof Type: Flat
Taxes: $16,000
Year Built: 1963

Feature Descriptions

Ceiling Height: Less than 16 Ft.
Commercial Features: ADA Accessible, Restroom(s), Roof Sign, Sidewalks
Days on Site: 3
Exterior: Brick
Parking Notes: 21+ Spaces
Sewer: Public Sanitary
Summer Tax: 8000
Water: Public Water
Winter Tax: 8000

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Haynes Real Estate Commercial
Agency Phone: 734-242-8484

Shown By

Agent Name: Megan Koch Real Estate Agent
Agent Phone: (517) 775-6261
Agency Title: Key Realty

IDX logo

Login to My Homefinder

Pixel