101 W Monroe Street Bangor, MI 49013
COMMERCIAL - Bangor, MI
Property Features for 101 W Monroe Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Standard status
- Active
- APN
- 80-54-602-001-00
- Size
- 1,088 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- On file.
- Tax Annual Amount
- 5826
Utilities
- Utilities
- Natural Gas Available
- Heating system
- Forced Air
Building Details
- Year built
- 1976
- Floors in Building
- 1
- Number of units
- 1
Listing agent Andrew J Gyorkos License #6502406462 (269) 888-2755
Listing office Kalamazoo Commercial Real Estate 501 W Willard Street, Kalamazoo, MI (269) 888-2755
Listing date May 6, 2026
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Key Highlights
- Drive‑thru access
- Located in Downtown Bangor
- Functional 1,088 SF layout suitable for office or retail use
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $18.3k | $16.80 |
| − Vacancy | −$1.5k | −$1.38 |
| EGI | $16.8k | $15.42 |
| − OpEx | −$4.2k | −$3.86 |
| NOI | $12.6k | $11.57 |
