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Additional details
$ 350,000
Est. payment /mo
Active
501 E First ST Monroe, MI 48161
7,629 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 7,629 sqft
Price per Sqft $45
MLS Listing ID 57050224129
Year Built 1915
Lot Size 0.260 Acres
Acres 0.26
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
Area Area06122Monroe
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Concrete
Fireplace No
Exterior
Utilities Available NaturalGasConnected
View Y/N No
Building
Foundation Slab
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Monroe
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition CorporateRelocation, ShortSaleNo
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Listed by Cole McNew of Coldwell Banker Haynes Real Estate Commercial
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