611 S Monroe, Monroe, MI

Others for Sale - $159,000 - 3,451 Sq. Ft.


Agent Info

Cole McNew
Coldwell Banker Commercial Haynes Real Estate

Property Info

CIMLS#1157519
Location
  611 S Monroe
  Monroe MI 48161
UpdatedDecember 2nd, 2024
TypeOthers
Price$159,000
Building3,451 Sq. Ft.

Property Description

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!


Financials



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