Listing Courtesy of: Edward Pipis - Monroe Real Estate - Monroe 734-243-3000
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101,103,105 E Front Monroe, MI 48161

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Industrial Residence
Beds
Baths
21,867 Sq. Ft.
0.15 Acre Lot
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Last updated on 11/15/2024 1:52 AM

Listing Details

Looking for a standout investment? The commercial property at 101, 103, and 105 E. Front St.in Monroe, Mi. is a perfect match for investors and business owners. Listed for $495,000, this historic building offers 21,867 square feet of prime commercial space in the heart of Monroe's riverfront distri...ct. Built in 1909. it features 20 rentable units that generate over $77,000 in annual income. It's central location, just steps away from local shops, restaurants, and the river, makes it an attractive spot for tenants, ensuring a steady flow of rental revenue. The property combines the charm of it's historic brick exterior with practical modern upgrades, including a boiler heating system, window air conditioning units, and access to public water and sewer systems. With a variety of unit sizes, it accommodates a diverse range of tenants, from retail storefronts to office spaces, making it a flexible investment with significant growth potential. Monroe's expanding commercial market adds further value to this property. The city's proximity to Detroit and Toledo makes it a central hub for both business and customers. The property's location, right in the heart of the downtown area, ensures high foot traffic and visibility for tenants.This makes it an ideal location for new businesses, creative ventures, or even redevelopment opportunities foe investors with a vision to modernize historic spaces. Whether you're looking to expand your real estate portfolio or seeking a long-term investment with reliable cash flow, this property offers both historic charm and financial appeal. It's a versatile building with strong, consistent income and endless potential for future growth. Don't miss out on this incredible opportunity. For more information or to schedule a viewing, call Monroe Real Estate at 734-243-3000. This could be the key to unlocking your next successful real estate venture! Continue reading
Source MLS
MiRealSource
Originating MLS
Southeastern Border Association of REALTORS
MLS#
50141571
Property Type
Industrial
Year Built
1909
Square Feet
21,867 sq. ft
Lot Size
0.15
Sewer
Public Sewer
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Listing Courtesy of: Edward Pipis - Monroe Real Estate - Monroe 734-243-3000
Andrea D. Conner, License 6502432340, Xome Inc., License 6505376883, [email protected], 844-400-XOME (9663), 71 Walnut, Suite 206, Rochester, MI 48307


Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
This content last refreshed on 11/15/2024 1:52 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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