1837 N Monroe Street Monroe, MI ^$ 1,100,000

1837 N Monroe Street

^$ 1,100,000

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1837 N Monroe Street

Monroe, MI, 48162

^$ 1,100,000

Studio Baths0.0 Sq 4,060

Monthly Estimate*

^$ 7,684

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Studio

Commercial Property for sale in Monroe, MI

for $1,100,000. This 4,060 square foot building was built in 1960 on a lot size of 0.16.

This well established liquor store is located on one of the busiest roads in Monroe MI, a suburb of Metropolitan Detroit. Boasting one of the largest selections of beer, wine and spirits in the area, this business is well positioned for growth as it has recently been cleared by the city for the development of a Gas Station. The business is turn-key and ready to operate immediately. The seller is willing to provide the buyer training during the transition period. Call Frank for additional business details!

Commercial Active

Price

^$ 1,100,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 7,097

Style

Commercial/Industrial

Lot Size

0.16

Year Built

1960

Town/City

Monroe

County/Region

Monroe

MLS | Web ID

70328017

Features

General

Heating Forced Air

Water Public Water

Status Active Active

Year Built 1960

County Monroe

Class COM/IND/BUS OPP

Type Commercial/Industrial

Municipality Frenchtown Twp

Subdivision MI

Commercial Features Furniture

Area Frenchtown Twp (58007)

Primary City Monroe

Virtual Tour https://www.propertypanorama.com/instaview/wmlar/23031391

Directions M 24 to Steward to Monroe to address

City Monroe

Street Name Monroe

Financial Terms Cash Conventional Land Contract

Legal Description DIST:07 CITY:FRENCHTOWN TWP F-939A SEC PC 65 .23 AMOL COM AT PT ON CL N MONROE ST 479.20 FT N 24 DEG22'E FR INT W/N

DOM 251

Postal Code 48162

Price Per Sq Ft 270.94

Coming Soon This well established liquor store is located on one of the busiest roads in Monroe MI a suburb of Metropolitan Detroit. Boasting one of the largest selections of beer wine and spirits in the area

Exterior

Exterior Block

Frontage 0

Lot Size Area 0.16

Lot Dimensions TBD

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Farouq Karadsheh

Listing Agent

Coldwell Banker Woodland Schmidt

Broker

frank@micommercialgroup.com

Affordability Calculator

$8,275

Per Month

Monthly Principal & Interest: $7,684
Monthly Property Taxes: $591
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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

Trends
Schools

Commerical listings in Monroe, MI

Average List Price ^$231,156

Percent of Sale Price 79%

About Monroe, MI

20,059 Population

-7% Since 2002

^$43,524 Median Income

37.98 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/24/2023	$1,100,000		Listed Price

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1837 N Monroe Street, Monroe, MI, 48162 is a Commercial Property for sale at $1,100,000 with 4,060 sqft and a lot size of 0.16. 1837 N Monroe Street is a studio with 0.0 baths and was built in 1960. The property's zip code is 48162 which is in Monroe, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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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1837 N Monroe Street

Commercial Property for sale in Monroe, MI

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