101,103,105 E Front Monroe, MI $ 495,000
101,103,105 E Front
$ 495,000
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101,103,105 E Front

Monroe, MI, 48161
$ 495,000
Baths0.0 Sq 21,867

Monthly Estimate*

$ 3,290

101,103,105 E Front, Monroe, MI 48161 - Image 1
101,103,105 E Front, Monroe, MI 48161 - Image 2
101,103,105 E Front, Monroe, MI 48161 - Image 3
Studio

Commercial Property for sale in Monroe, MI

for $495,000. This 21,867 square foot building was built in 1909 on a lot size of 0.15.

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.

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Commercial Active

Price

$ 495,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 12,189

Style

Professional/Office,Retail

Lot Size

0.15

Year Built

1909

Town/City

Monroe

County/Region

Monroe

MLS | Web ID

57050141571

Features
Interior
Heating Fuel Natural Gas
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General
Sewer Public Sewer (Sewer-Sanitary)
Heating Steam
Waterfront Description River Front
Rent Includes Electric Sewer Other Water
current use Professional/Office Retail
Zoning Commercial Office
Year Built 1909
Business Type Office Retail
Property Type Commercial
Accessibility Features Disabled Access
Transaction Type Sale
Status Active
Short Sale No
Construction Materials Block/Concrete/Masonry Brick
Cumulative Days on Market 12
MLS Area Monroe
City Monroe
Terms Offered Cash Contract Conventional
School District Monroe
Land Contract 1
Ownership Status Short Sale - No Private Owned
Street Name Front
Total Sq Ft 21867
DOM 12
Taxes 12189.0000
Legal Description legal to be attached
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Exterior
Waterfront 1
Waterfront Name River Raisin
Lot Size Area 0.15
Water Source Public (Municipal)
Foundation Basement
Lot Size Dimensions 63x107
Roof Material Other
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Internal Only
Originating MLS Southeastern Border Association of REALTORS®
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* Excluded Features
List By
Edward Pipis

Listing Agent

Monroe Real Estate - Monroe

Broker

(734) 497-0760

Phone

Affordability Calculator

$4,306
Per Month
76%
24%
0%
Monthly Principal & Interest
$3,290
Monthly Property Taxes
$1,016
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
848016 Elementary School
848002 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/9/2024$495,000 Listed Price

Map


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101,103,105 E Front, Monroe, MI, 48161 is a Commercial Property for sale at $495,000 with 21,867 sqft and a lot size of 0.15. 101,103,105 E Front is a studio with 0.0 baths and was built in 1909. The property's zip code is 48161 which is in Monroe, MI