501 E First Street, Monroe, MI 48161

$350,000
  • 501 E First Street, Monroe, MI 48161 Main Photo

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New to the Market Active
SQUARE FEET7,629 MLS#50224129
STATUSActive PROPERTY TYPECommercial - Business

Property Description

This unique offering includes two parcels featuring a commercial building, attached storage garage, and adjacent income-producing residential property with approximately 7,629 SF combined. Formerly utilized for a heating and cooling business, the commercial space offers flexibility for a variety of potential uses with convenient street, garage, and off-alley parking. The residential property is currently fully occupied, providing an established income stream from day one. The current owner occupies the commercial building and will vacate upon sale. With distinctive character, multiple buildings, existing rental income, and two parcels included, this property presents an excellent opportunity for an owner-user, investor, or entrepreneur looking for a versatile property in Monroe.

501 E First Street | MLS# 50224129

This commercial property located at 501 E First Street, Monroe, MI 48161 is currently listed for sale with an asking price of $350,000. Search Monroe real estate on www.ikeyrealty.com today.

Property Features

Property Type: Commercial - Business
Cooling: Central A/C
Fuel Type: Natural Gas
Heating: Forced Air
Lot Size: 0.26 Acres
Taxes: $4,985
Year Built: 1915

Feature Descriptions

Ceiling Height: 16-20 Feet
Commercial Features: Alley, Concrete Floor, Drive-In, Flr Thickness: 6+ - 8 In., Pole Sign, Restroom(s), Showroom, Sidewalks
Days on Site: 1
Exterior: Block, Vinyl Trim
Sewer: Public Sanitary
Summer Tax: 2400
Water: Public Water
Winter Tax: 2585

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Haynes Real Estate Commercial
Agency Phone: 734-242-8484

Shown By

Agency Title: Key Realty
Agency Phone: 877-539-7589

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