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    123 W 1St St Monroe, MI 48161

    For Lease
    $14 SF/Yr ($3,966 /Mo)

    Commercial/Industrial - Monroe, MI

    Property size:
    3,400 SF
    Lot size:
    0.80 Acres
    Days on Market:
    59
    Last Refresh:
    Dec 5 at 9:06 pm

    Property Features for 123 W 1St St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    55 29 00325 000
    Interior features
    ADA Accessible, Restroom(s), Roof Sign
    Exterior features
    Ada Accessible
    Accessibility
    Accessible Approach with Ramp
    Size
    3,400 SF
    Lot size
    0.80 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1949
    Building materials
    Brick
    Roof type
    Flat
    Architectural style
    Other

    Coldwell Banker Haynes Real Estate, Inc. (734) 242-8484 [email protected]

    Listing agent Cole McNew (734) 242-8484 License #6501447424

    Listing date Oct 8, 2025

    MLS# 50190702 Listing URL

    Copyright © 2025 Monroe County Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Monroe Office Suite

    This state-of-the-art office suite, encompassing 3,400 square feet, is situated in the heart of Downtown Monroe. The industrial-inspired space features high ceilings, exposed elements, and abundant natural light. Energy-efficient systems are in place to ensure low operating costs and year-round comfort. The property provides ample on-site parking and maintained green space. It is suitable for professional offices, creative firms, or tech-based businesses seeking a distinctive workspace in Monroe’s downtown district. The property is zoned for commercial use and is available for rent. The lot size is 0.8 acres. This is a NNN lease, taxes to be determined.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mark A. Eby, D.D.S., ... Dentist Zissler Agency, LLC ... Life Insurance Agency Blanchett Insurance Agency Insurance Agency MNX Solutions Computer Security Service Heartbeat of Monroe Charity

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Monroe
    State
    Michigan
    Longitude
    -83.4006793
    Latitude
    41.9162163

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    FAQs

    What type of property is this?
    Office space - State-of-the-art 3,400 SF office space in downtown Monroe.
    Where is this office space located?
    The property is located at 123 W 1St St Monroe, MI.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: - State-of-the-art 3,400 SF office suite in Downtown Monroe.; - Industrial-inspired design with high ceilings, exposed elements, and abundant natural light.; - Energy-efficient systems for low operating costs.
    (734) 242-8484
    Request Owner's contact information
    123 W 1St St Monroe, MI 48161
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    Monroe, MI 48161
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    123 W 1St St Monroe, MI 48161
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