Advertise
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Downtown Bangor Office/Retail Opportunity Title is generated by Realmo AI

    101 W Monroe Street, Bangor, MI 49013

    View on Map
    Claim this Listing
    For Sale
    $199,000

    COMMERCIAL - Bangor, MI

    Type:Office
    Property size:
    1,088 SF
    Lot size:
    0.05 Acres
    Price / SF:
    $182/SF
    Added:
    May 6, 2026
    Days on Market:
    37
    Last Refresh:
    Jun 11 at 6:06 am

    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

    We can help!

    Listing Contact
    Andrew J Gyorkos
    Andrew J Gyorkos

    Listing agent Andrew J Gyorkos License #6502406462

    Listing office Kalamazoo Commercial Real Estate 501 W Willard Street, Kalamazoo, MI

    Listing date May 6, 2026

    MLS# 26020164

    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.

    HighLights

    • Drive‑thru access
    • Located in Downtown Bangor
    • Functional 1,088 SF layout suitable for office or retail use
    • Pylon signage
    • Municipal parking lot located behind the building
    • One private office, kitchenette, and one bathroom

    Overview

    Located at 101 W Monroe Street in Downtown Bangor, this 1,088 square foot property presents an opportunity for office or retail use. Formerly a bank, the building features a functional layout that includes one private office, a kitchenette, and one bathroom. The property also offers drive-thru access and pylon signage. A municipal parking lot is located behind the building. Note that the Omni Credit Union ATM behind the building will remain in place and is not included in the purchase. The lot size is 0.05 acres.

    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
    1,088 SF · lease $16.80/SF/yr · vacancy 8.20% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $179.8K
    $157.3K – $209.8K (±1% cap)
    NOI $12,585 @ 7.0% cap · market cap 6.32%
    Second Best
    Retail
    $161.3K
    $141.2K – $188.2K (±1% cap)
    NOI $11,294 @ 7.0% cap · market cap 5.68%
    Theoretical Best
    Multifamily LT 5
    $13.45M
    $11.77M – $15.70M (±1% cap)
    NOI $941,705 @ 7.0% cap · market cap 473.22%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    OMNI Community Credit ... Credit Union

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Bangor
    County
    Van Buren
    State
    Michigan
    Longitude
    -86.11115
    Latitude
    42.312773

    Nearby Similar for Sale

    • $450,000
      25,000 SF

      Versatile Commercial Property on 3.65 Acres

      25,000 sq ft property suitable for industrial or agricultural use.
      100 Industrial Park Road, Bangor, MI 49013
      View Details
    • $1,600,000
      28,560 SF

      New Bangor Warehouse with Cannabis Zoning

      New warehouse in Bangor's industrial park, zoned for cannabis.
      420 INDUSTRIAL PARK Road, Bangor City, MI 49013
      View Details
    • $189,900

      Car Wash on Highway M 43

      Car wash with high visibility and traffic on Highway M 43.
      818 W Monroe St, Bangor, MI 49013
      View Details
    • $450,000
      25,000 SF

      Versatile Commercial Property on 3.65 Acres

      25,000 sq ft property suitable for industrial, storage, agricultural use.
      100 Industrial Park Road, Bangor, MI 49013
      View Details
    • $450,000
      25,000 SF

      Possible Grow Facility with Power

      Specialty property with heavy power and new roof.
      Bangor, MI 49013
      View Details

    FAQs

    What type of property is this?
    Office units - Former bank building with drive-thru access and pylon signage.
    Where is this office units located?
    The property is located at 101 W Monroe Street Bangor, MI.
    What is the asking price?
    The asking price for this property is $199,000.
    What are key features of this property?
    This property features: Drive‑thru access; Located in Downtown Bangor; Functional 1,088 SF layout suitable for office or retail use
    (269) 888-2755
    We can help!
    Listing Contact
    Andrew J Gyorkos
    Andrew J Gyorkos
    Real Estate License ID: 6502406462
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    101 W Monroe Street, Bangor, MI 49013
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!