298 W Monroe Street Dundee, MI ^$ 1,500,000

298 W Monroe Street

^$ 1,500,000

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298 W Monroe Street

Dundee, MI, 48131

^$ 1,500,000

Studio Baths0.0 Sq 30,100

Monthly Estimate*

^$ 9,969

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Studio

Commercial Property for sale in Dundee, MI

for $1,500,000. This 30,100 square foot building was built in 2008 on a lot size of 1.04.

The ''Riverfront Centre'' is a 5-story building located by Downtown Dundee's Riverwalk with a garage parking structure, a first-floor lobby, elevator, and three floors that are prepped to be finished. Zoned B-1, Central Business District, and permitted uses in the B-1 District are listed in Article 6 of Village's Zoning Ordinance, which allows for a mixture of uses with the intent of maintaining retail on the first floor, while allowing for residential and office uses on the upper floors. Current owner has considered options such as an assisted living facility or condos forrent. Please note that all data provided is approximate and not guaranteed, and the buyer / agent should verify all info independently.

Commercial Pending

Price

^$ 1,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 3,236

Style

Commercial/Industrial

Lot Size

1.04

Year Built

2008

Town/City

Dundee

County/Region

Monroe

MLS | Web ID

70384234

Features

General

Heating Forced Air

Possession At Close

Water Public Water Public Water at Street

Status Pending Pending

Year Built 2008

County Monroe

Class COM/IND/BUS OPP

Type Commercial/Industrial

Municipality Update

Subdivision MI

Area Dundee (58018)

Primary City Dundee

Directions Take M50 to Dundee / Large red brick building downtown on M50 (Monroe Street)

City Dundee

Street Name Monroe

Financial Terms Cash Conventional

Legal Description 1407-286 SEC 13 T6S R6E 1.04 AC COM AT INT OF CL OF MONROE ST WITH CL OF CASS ST SD PT BEINGA CL OF ROW FOR HWY M-50...

DOM 164

Postal Code 48131

Price Per Sq Ft Total 49.83

Coming Soon The ''Riverfront Centre'' is a 5-story building located by Downtown Dundee's Riverwalk with a garage parking structure a first-floor lobby elevator

Exterior

Exterior Brick

Frontage 352

Body of Water Raisin River

Lot Size Area 1.04

Lot Dimensions Irregular

Water Features River Frontage Water View

Waterfront Y/N Yes

Interior

Fuel Type Electric Natural Gas

* Excluded Features

List By

Katja Classic

Listing Agent

Re/Max Classic

Broker

admin@katjaclassic.com

Affordability Calculator

$10,239

Per Month

Monthly Principal & Interest: $9,969
Monthly Property Taxes: $270
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% 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 Dundee, MI

Average List Price ^$428,868

Percent of Sale Price 71%

About Dundee, MI

4,529 Population

15% Since 2002

^$48,619 Median Income

37.47 Median Age

31% 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
5/10/2024	$1,500,000		Listed Price

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298 W Monroe Street, Dundee, MI, 48131 is a Commercial Property for sale at $1,500,000 with 30,100 sqft and a lot size of 1.04. 298 W Monroe Street is a studio with 0.0 baths and was built in 2008. The property's zip code is 48131 which is in Dundee, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% 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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298 W Monroe Street

Commercial Property for sale in Dundee, MI

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