233 W Monroe Bangor, MI ^$ 250,000

233 W Monroe

^$ 250,000

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233 W Monroe

Bangor, MI, 49013

^$ 250,000

Studio Baths0.0 Sq 6,758

Monthly Estimate*

^$ 1,746

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Studio

Commercial Property for sale in Bangor, MI

for $250,000. This 6,758 square foot building was built in 1940 on a lot size of 0.17.

Well established business opportunity on highly traveled M 43 Hwy. Current owners have run this for 40 plus years. Currently serving lunch, dinner and has a full bar with 10 taps, full kitchen, capacity of 160+ in the bar/restaurant area with banquet/meeting room and Class C liquor license. There is an additional 1,200 sq. ft. that could allow for further expansion or leased out for additional income. Full basement under part of building for storage.

Commercial Active

Price

^$ 250,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 7,000

Style

Commercial/Industrial

Lot Size

0.17

Year Built

1940

Town/City

Bangor

County/Region

Van Buren

MLS | Web ID

70397491

Features

General

Heating Forced Air

Possession At Close

Roof Other-See Remarks

Water Public Water

Status Active Active

Year Built 1940

County Van Buren

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership LLC

Municipality Bangor

Subdivision MI

Commercial Features Bath

Area Bangor (80019)

Primary City Bangor

Directions Monroe is M 43 Hwy as it passes through Bangor. This property is in the heart of downtown.

City Bangor

Street Name Monroe

Financial Terms Cash Conventional

Legal Description Attached

DOM 47

Postal Code 49013

Price Per Sq Ft 36.99

Coming Soon Well established business opportunity on highly traveled M 43 Hwy. Current owners have run this for 40 plus years. Currently serving lunch dinner and has a full bar with 10 taps full kitchen

Exterior

Exterior Block Brick Pole Wood

Frontage 74

Lot Size Area 0.17

Lot Dimensions 74 x 99

Roads City/County Paved Street

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Ron Henry

Listing Agent

Kalvan Realty

Broker

rhenry@kalvan.com

Affordability Calculator

$2,330

Per Month

Monthly Principal & Interest: $1,746
Monthly Property Taxes: $583
Monthly Home Insurance: --

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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 Bangor, MI

Average List Price ^$834,400

Percent of Sale Price 234%

About Bangor, MI

1,923 Population

-3% Since 2002

^$38,111 Median Income

36.62 Median Age

30% 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
3/30/2024	$250,000		Listed Price

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233 W Monroe, Bangor, MI, 49013 is a Commercial Property for sale at $250,000 with 6,758 sqft and a lot size of 0.17. 233 W Monroe is a studio with 0.0 baths and was built in 1940. The property's zip code is 49013 which is in Bangor, 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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233 W Monroe

Commercial Property for sale in Bangor, MI

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