MLS # 50210760 (MiRealSource)

Position your business in a highly visible, high-traffic Monroe Street location with outstanding exposure and excellent potential for a variety of uses. This charming front-gable building offers character and flexibility, making it ideal for a salon, professional offices, boutique retail shop, service business, or other commercial venture. Most recently operated as a hair salon with five booth stations, the main level provides functional commercial space that can easily be adapted to fit your business needs. The property's prominent Monroe Street frontage offers exceptional visibility, helping your business attract attention from both vehicle and pedestrian traffic. Adding to the investment appeal is a leased upper-level apartment currently occupied on a month-to-month basis, providing immediate rental income. The apartment features 1-2 bedrooms and includes garage access for the tenant. The detached garage offers a solid concrete floor and overhead door, providing valuable space for vehicle storage, inventory, equipment, workshop use, or additional tenant amenities. Whether you're an owner-occupant looking to operate your business while generating rental income, or an investor seeking a mixed-use property in a highly visible location, this property presents a unique opportunity in the heart of Monroe.
Source: SparkMLS
Currently offered at $180,000.
Electric service is provided by DTE Electric Company; natural gas by Michigan Gas Utilities Corporation.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
Source: SparkMLS
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Katie Burroughs
Coldwell Banker Haynes R.E. in Monroe
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
DTE Electric Company
Investor-Owned
Michigan Gas Utilities Corporation
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
828 S Monroe Street, Monroe, MI 48161
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Municipality
Monroe Township
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County
Monroe County
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