Monroe MI Real Estate & Commercial for Sale

21000 sq ft brick and mortar building in Downtown Monroe on the river. Great Investment Opportunity! Great Cash Flow on this multi unit property! Located in the center of Monroe's commercial business district this is a great investment opportunity! With 20 rental units the annual income for 2023 was $75,900.

21000 sq ft brick and mortar building in Downtown Monroe on the river. Great Investment Opportunity! Great Cash Flow on this multi unit property! Located in the center of Monroe's commercial business district this is a great investment opportunity! With 20 rental units the annual income for 2023 was $75,900.

The subject property under consideration encompasses a single legal parcel spanning approximately 1.36 acres, characterized by a mix of clear and lightly wooded terrain. Situated prominently along North Telegraph Road, a thoroughfare boasting a notable Annual Average Daily Traffic (AADT) volume of 24,096 vehicles, the parcel holds strategic commercial potential. Currently housing a structure utilized by the Monroe County Humane Society, the building's functional obsolescence and incongruence with the prevalent commercial profile of the surrounding properties delineate opportunities for redevelopment aligned with market demand. Notably, the property adjoins a Sonic Drive-In to the south and a compact two-unit strip mall to the north, embedding it within an established commercial enclave. Physically, the parcel assumes a narrow and rectangular configuration, with frontage directly abutting North Telegraph Road. While the frontage area predominantly features clear terrain conducive to commercial activities, the rear portion is characterized by a lightly wooded expanse, lending potential for landscaping or auxiliary developments. Of significance is the administrative delineation within the property, with the border between Frenchtown Township and the City of Monroe traversing its center. Despite this geographic division, administrative functions such as recording, taxation, and assessment are administered exclusively by the City of Monroe, underscoring its municipal affiliation. Regarding environmental considerations, the property's exclusion from Special Flood Hazard Areas, as delineated by the FEMA Flood Map Service Center, augments its desirability from a risk mitigation standpoint. Moreover, the availability of essential utilities including electric, natural gas, public water, and sewer services further enhances its development feasibility. In sum, the subject property presents a compelling investment opportunity poised at the intersection of strategic location, com

The subject property under consideration encompasses a single legal parcel spanning approximately 1.36 acres, characterized by a mix of clear and lightly wooded terrain. Situated prominently along North Telegraph Road, a thoroughfare boasting a notable Annual Average Daily Traffic (AADT) volume of 24,096 vehicles, the parcel holds strategic commercial potential. Currently housing a structure utilized by the Monroe County Humane Society, the building's functional obsolescence and incongruence with the prevalent commercial profile of the surrounding properties delineate opportunities for redevelopment aligned with market demand. Notably, the property adjoins a Sonic Drive-In to the south and a compact two-unit strip mall to the north, embedding it within an established commercial enclave. Physically, the parcel assumes a narrow and rectangular configuration, with frontage directly abutting North Telegraph Road. While the frontage area predominantly features clear terrain conducive to commercial activities, the rear portion is characterized by a lightly wooded expanse, lending potential for landscaping or auxiliary developments. Of significance is the administrative delineation within the property, with the border between Frenchtown Township and the City of Monroe traversing its center. Despite this geographic division, administrative functions such as recording, taxation, and assessment are administered exclusively by the City of Monroe, underscoring its municipal affiliation. Regarding environmental considerations, the property's exclusion from Special Flood Hazard Areas, as delineated by the FEMA Flood Map Service Center, augments its desirability from a risk mitigation standpoint. Moreover, the availability of essential utilities including electric, natural gas, public water, and sewer services further enhances its development feasibility. In sum, the subject property presents a compelling investment opportunity poised at the intersection of strategic location, commercial potential, and favorable municipal and environmental attributes.

Multifamily opportunity. If you are looking for some passive income, this is the place for you. There are 3 apartments that are currently rented and under lease. There is also a large office space that has 4 rooms, 1.5 baths, and a lobby. The potential income for the office exceeds $2500/month income. One apartment is a 3br, 1 bath (rents $1350/month), one apartment is a 2 br, 1 bath (rents $1100/month), and the last apartment is a 1 bedroom, 1 bath (rents $650/month). The apartments are currently Section 8 income. This property offers a strong investment potential in a neighborhood that has already seen significant revitalization and is posed for on going growth. The property has a larger parking lot with over 10 parking spaces for tenant and office parking.

Multifamily opportunity. If you are looking for some passive income, this is the place for you. There are 3 apartments that are currently rented and under lease. There is also a large office space that has 4 rooms, 1.5 baths, and a lobby. The potential income for the office exceeds $2500/month income. One apartment is a 3br, 1 bath (rents $1350/month), one apartment is a 2 br, 1 bath (rents $1100/month), and the last apartment is a 1 bedroom, 1 bath (rents $650/month). The apartments are currently Section 8 income. This property offers a strong investment potential in a neighborhood that has already seen significant revitalization and is posed for on going growth. The property has a larger parking lot with over 10 parking spaces for tenant and office parking.

Absolutely full of character, formerly used for heating and cooling with attached storage garage and adjacent income property. Optimal owner/user/investor. Purchase includes two parcels, house and commercial building. Total of 7629SF. Street, garage and off alley parking available.

This versatile property offers a blend of storage space and two upper level apartments, all occupied. Perfect for investors seeking lucrative returns. Located in downtown Monroe and easy access to amenities. New roof in 2021 and new furnace in 2020. Don't miss out on this ideal investment opportunity.

Absolutely full of character, formerly used for heating and cooling with attached storage garage and adjacent income property. Optimal owner/user/investor. Purchase includes two parcels, house and commercial building. Total of 7629SF. Street, garage and off alley parking available.

This versatile property offers a blend of storage space and two upper level apartments, all occupied. Perfect for investors seeking lucrative returns. Located in downtown Monroe and easy access to amenities. New roof in 2021 and new furnace in 2020. Don't miss out on this ideal investment opportunity.

Don't miss this opportunity.....retail freestanding building with long term lease. Located next to busy Kroger mall, high visibility. Has 6 garages in rear for additional 250/m.1st floor tenant is on-line tutoring ctr. Located next to busy Kroger mall.

Don't miss this opportunity.....retail freestanding building with long term lease. Located next to busy Kroger mall, high visibility. Has 6 garages in rear for additional 250/m.1st floor tenant is on-line tutoring ctr. Located next to busy Kroger mall.

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!

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!

PRIME Retail Location ***PLUS*** INCOME with 4 apartments above this great building that backs up to the prime riverfront on the Raisin River - complete with patio section! The area is in the heart of historical Downtown Monroe which offers museums, parks, shopping, restaurants, bakeries, theater and events! Now is your chance to be a part of this dynamic opportunity with prime location and high traffic! Bring your vision and creativity to make this property everything you always wanted in a real estate investment!

PRIME Retail Location ***PLUS*** INCOME with 4 apartments above this great building that backs up to the prime riverfront on the Raisin River - complete with patio section! The area is in the heart of historical Downtown Monroe which offers museums, parks, shopping, restaurants, bakeries, theater and events! Now is your chance to be a part of this dynamic opportunity with prime location and high traffic! Bring your vision and creativity to make this property everything you always wanted in a real estate investment!

Great cash flow on this multi unit commercial complex. Many long term tenants with active leases. Highly visible building in a high traffic location. Leases and financials are available. Annual Gross income $132766 with room to grow.

Great cash flow on this multi unit commercial complex. Many long term tenants with active leases. Highly visible building in a high traffic location. Leases and financials are available. Annual Gross income $132766 with room to grow.