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

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

Service,Warehouse

Lot Size

0.26

Year Built

1915

Town/City

Monroe

County/Region

Monroe

MLS | Web ID

57050138434

Features
Interior
Heating Fuel Natural Gas
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General
Sewer Public Sewer (Sewer-Sanitary)
Heating Forced Air
current use Service Warehouse
Zoning Commercial
Year Built 1915
Business Type Service
Property Type Commercial
Transaction Type Sale
Status Active
Short Sale No
Construction Materials Brick
Cumulative Days on Market 10
MLS Area Monroe
City Monroe
Terms Offered Cash
School District Monroe
Land Contract 0
Ownership Status Short Sale - No Private Owned
Street Name First
Total Sq Ft 7629
DOM 10
Taxes 4985.0000
Legal Description WADSWORTH AND NAVARRE PLAT SOUTH 87 FT OF LOT 196
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Exterior
Waterfront 0
Lot Size Area 0.26
Water Source Public (Municipal)
Foundation Slab
Lot Size Dimensions 145 x 96
Roof Material Shingle
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Internal Only
Originating MLS Southeastern Border Association of REALTORS®
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* Excluded Features
List By
Cole McNew

Listing Agent

Coldwell Banker Haynes R.E. - Monroe

Broker

(734) 624-4923

Phone

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
848016 Elementary School
848002 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, 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 is a studio with 0.0 baths and was built in 1915. The property's zip code is 48161 which is in Monroe, MI