501 E First Street Monroe, MI $ 199,900
501 E First Street
$ 199,900
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501 E First Street

Monroe, MI, 48161
$ 199,900
Baths0.0 Sq 7,629

Monthly Estimate*

$ 1,396

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Studio

Commercial Property for sale in Monroe, MI

for $199,900. This 7,629 square foot building was built in 1915 on a lot size of 0.26.

Absolutely full of character, formerly used for heating and cooling with attached storage garage and adjacent income property. Optimal owner/user/investor. Purchase includes two parcels, house and commercial building. Total of 7629SF. Street, garage and off alley parking available.

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Commercial Active

Price

$ 199,900

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 4,985

Style

Commercial/Industrial

Lot Size

0.26

Year Built

1915

Town/City

Monroe

County/Region

Monroe

MLS | Web ID

50138434

Features
General
Heating Forced Air
Roof Shingles
Water Public Water
Status Active Active
Year Built 1915
Water Heater Gas
County Monroe
Class COM/IND/BUS OPP
Type Commercial/Industrial
Percent Ownership Private
Municipality Monroe
Zoning Commercial
Subdivision MI
Commercial Features Drive-In Overhead Doors
Area Monroe (58026)
Primary City Monroe
Location Corner Lot
Directions East on First corner of Murray Street
City Monroe
Street Name First
Financial Terms Cash
Legal Description WADSWORTH AND NAVARRE PLAT SOUTH 87 FT OF LOT 196
DOM 11
Postal Code 48161
Price Per Sq Ft 26.2
Coming Soon Absolutely full of character formerly used for heating and cooling with attached storage garage and adjacent income property. Optimal owner/user/investor. Purchase includes two parcels
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Exterior
Exterior Brick
Frontage 145
Lot Size Area 0.26
Lot Dimensions 145 x 96
Roads Paved Street
Waterfront Y/N No
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Interior
Ceiling Height Less than 16 Ft.
Fuel Type Natural Gas
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* Excluded Features
List By
Cole McNew

Listing Agent

Coldwell Banker Haynes R.E. - Monroe

Broker

colemcnew@icloud.com

Email

Affordability Calculator

$1,812
Per Month
77%
23%
0%
Monthly Principal & Interest
$1,396
Monthly Property Taxes
$415
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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/12/2024$199,900 Listed Price

Map


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501 E First Street, Monroe, MI, 48161 is a Commercial Property for sale at $199,900 with 7,629 sqft and a lot size of 0.26. 501 E First Street is a studio with 0.0 baths and was built in 1915. The property's zip code is 48161 which is in Monroe, MI