411 E Front Street Monroe, MI ^$ 159,000

411 E Front Street

^$ 159,000

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Recently Listed

411 E Front Street

Monroe, MI, 48161

^$ 159,000

Studio Baths0.0 Sq 6,432

Monthly Estimate*

^$ 1,111

411 E Front Street, Monroe, MI 48161 - Image 1

Studio

Commercial Property for sale in Monroe, MI

for $159,000. This 6,432 square foot building was built in 1947 on a lot size of 0.07.

This versatile property offers a blend of storage space and two upper level apartments, all occupied. Perfect for investors seeking lucrative returns. Located in downtown Monroe and easy access to amenities. New roof in 2021 and new furnace in 2020. Don't miss out on this ideal investment opportunity.

Commercial Active

Price

^$ 159,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 5,027

Style

Commercial/Industrial

Lot Size

0.07

Year Built

1947

Town/City

Monroe

County/Region

Monroe

MLS | Web ID

50138436

Features

General

Heating Forced Air

Cooling Central A/C

Water Public Water

Status Active Active

Year Built 1947

Parking Off Street

Subdivision Mcclelland MI

Water Heater Gas

County Monroe

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership Private

Municipality Monroe

Commercial Features Carpet Occupied Restroom(s) Sidewalks

Area Monroe (58026)

Primary City Monroe

Location Main Street

City Monroe

Street Name Front

Financial Terms Cash

Legal Description MCCLELLAND PLAT COMM 73.17 FT S 66D 09.4M E FR SE COR LOT 14 MCCLELLAND PLAT; TH S 66D 09.4M E 23.83 FT; TH N 31D 50.27M E 134.87 FT; TH N 69D 42.4M W 24.09 FT; TH S 31D 50.27M W 133.36 FT TO POB

DOM 11

Postal Code 48161

Price Per Sq Ft 24.72

Coming Soon This versatile property offers a blend of storage space and two upper level apartments

Exterior

Exterior Masonry

Frontage 24

Lot Size Area 0.07

Lot Dimensions 24 x 134

Well/Septic Inspection Done No

Water Features Water View

Waterfront Y/N No

Interior

Ceiling Height Less than 16 Ft.

Fuel Type Natural Gas

* Excluded Features

List By

Megan Wertenberger

Listing Agent

Key Realty One Llc - South Monroe

Broker

meganwertenberger1@gmail.com

Affordability Calculator

$1,530

Per Month

Monthly Principal & Interest: $1,111
Monthly Property Taxes: $419
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 ^$227,021

Percent of Sale Price 43%

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
4/12/2024	$159,000		Listed Price

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411 E Front Street, Monroe, MI, 48161 is a Commercial Property for sale at $159,000 with 6,432 sqft and a lot size of 0.07. 411 E Front Street is a studio with 0.0 baths and was built in 1947. The property's zip code is 48161 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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411 E Front Street

Commercial Property for sale in Monroe, MI

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