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2896 N Dixie Highway Monroe, MI $ 399,900
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2896 N Dixie Highway
$ 399,900
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2896 N Dixie Highway

Monroe, MI, 48162
$ 399,900
Baths2.0

Monthly Estimate*

$ 2,793

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Studio

Commercial Property for sale in Monroe, MI

for $399,900 with 2 full baths. This building was built in 1930 on a lot size of 0.88.

ONE OF THE OLDEST FAMILY RESTAURANTS IN MICHIGAN! ALMOST 7,000 SQUARE FEET INCLUDING ALL KITCHEN EQUIPMENT, TABLES AND CHAIRS AND THE LIQUOR LICENSE! AT APPROX. $58 A SQUARE FOOT, THIS IS A STEAL! KEEP IT AS IS, A WHITE TABLECLOTH RESTAURANT, OR TURN IT INTO A SPORTS BAR OR BREW HOUSE. EITHER WAY, YOU WON'T FIND A BETTER DEAL. NEW ROOF IN THE LAST 2 YEARS, KITCHEN EQUIPMENT ALL IN GREAT CONDITION, FURNACE AND CENTRAL AIR ARE IN GREAT CONDITION. 4 BEDROOM APARTMENT UPSTAIRS ADDS TO THE APPEAL (THE UPSTAIRS APARTMENT NEEDS UPDATING/RENOVATING, BUT WOULD BE A GREAT INCOME PRODUCER). MASSIVE AMOUNT OF PARKING SPACE. APPOINTMENT ONLY WITH ADVANCE NOTICE. DO NOT APPROACH THE STAFF OR OWNERSHIP!! SELLER'S AGENT MUST BE PRESENT FOR SHOWINGS. ORIGINAL STRUCTURE BUILT IN 1930 AND ADDED IN 1968.

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Commercial Active

Price

$ 399,900

Bedrooms

Studio

Full Bath

2

Property Type

Commercial

Taxes

$ 14,245

Style

Retail/Commercial

Lot Size

0.88

Year Built

1930

Town/City

Monroe

County/Region

Monroe

MLS | Web ID

24022446
Features
General
Sewer Public Sewer
Utilities Public Water Available Public Sewer Available Natural Gas Available Electric Available Natural Gas Connected Electric Connected
Roof Concrete
Year Built 1930
Township Frenchtown Twp
Property SubType Retail/Commercial
Tax Year 2023
Business Type Other Restaurant Bar/Tavern/Lounge
County Monroe
New Construction N
Property Type Commercial Sale
Status Active
Directions Corner of N Dixie and S grove
City Monroe
High School District Jefferson
Total Units 0
MLS Area Monroe County - 60
Lot Size Square Feet 38501.0
Waterfront Y/N N
Street Name Dixie
Land Lease Y/N N
Tax Annual Amount 14245.0
Lease Renewal Y/N N
MLS Area Minor Monroe County - 60
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 12
Standard Status Active
Tax Assessed Value 280875
Legal Description F-216 SEC 26 T6S R9E GRAND BEACH SUBDIVISION NO. 1 LOTS 216 & 217 Split on 11/13/2016 with 07 816 113 01 into 07 816 11
Senior Community None
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Interior
Total Fireplaces 1
Total Stories 2
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Full Baths 2
Street Suffix Highway
Electric On Property Y/N N
Total Baths 2
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Exterior
Water Source Public
Inclusions {u'Licenses': True u'Equipment': True u'Real Estate': True u'Furniture': True}
Lot Size Area 0.88
Number of Buildings 1
Spa N
Building Area Total 7000.0
Lot Dimensions 118 x 331
Lot Size Acres 0.88
Lot Size Units Acres
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 2896
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* Excluded Features
List By
Remerica United Realty

Broker

garyreggish@remerica.com

Email

Affordability Calculator

$3,981
Per Month
70%
30%
0%
Monthly Principal & Interest
$2,793
Monthly Property Taxes
$1,187
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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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Nearby
4478447 Elementary School
4478448 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/8/2024$399,900 Listed Price

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2896 N Dixie Highway, Monroe, MI, 48162 is a Commercial Property for sale at $399,900 with a lot size of 0.88. 2896 N Dixie Highway is a studio with 2.0 baths and was built in 1930. The property's zip code is 48162 which is in Monroe, MI

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