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    1180 N Monroe St Monroe, MI 48162

    Sponsored
    For Lease
    $12 SF/Yr ($15,662 /Mo)

    Commercial/Industrial - Monroe, MI

    Property size:
    15,662 SF
    Lot size:
    6.32 Acres
    Days on Market:
    595
    Last Refresh:
    Jan 6 at 5:06 pm

    Property Features for 1180 N Monroe St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    APN
    580735301300
    Interior features
    3 Phase Power, Public Restrooms, Reception Area, Restroom(s), Showroom, Sprinkler System
    Size
    15,662 SF
    Lot size
    6.32 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1995
    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 May 22, 2024

    MLS# 50141077 Listing URL

    Copyright © 2026 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

    Monroe Medical Office Building

    This 15,662-SFG single-story medical office building, constructed in two phases around 1995 and 2007, is situated on a 6.32-acre parcel in Monroe, Michigan. The vacant building has a rectangular shape and is accessible from Monroe Street to the west, near the Cole Road intersection. A single access point on Monroe Street provides ingress and egress. Open paved lots on the south, east, and west elevations offer parking. The building features a substructure of concrete spread footings and SOG, with a wood-framed superstructure. Cellar foundation walls are constructed of CMU. The sidewalls are predominantly brick and vinyl siding, and the roofing consists of asphalt shingles with gutters and leaders for drainage. Split systems with natural gas-fired furnaces provide heating and air conditioning, while two gas-fired water heaters supply domestic hot water. Electrical service is provided via a 208/120-V, 3-phase service from a pad-mounted transformer. A wet-pipe sprinkler system is in place for fire protection. As a single-story structure, there is no vertical transportation. The property is in good condition, with no apparent major structural or mechanical distress and minimal wear and tear. The property has received an adequate level of preventive maintenance. This property is available for lease or sale.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Robbin Wagener, OD Optometrist Susan Hilborn Mccutcheon Optometrist Chinavare Brian W ... Ophthalmologist Mandar Joshi, MD Ophthalmologist Reed Vision Associates: ... Ophthalmologist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Monroe
    State
    Michigan
    Longitude
    -83.40594
    Latitude
    41.90676

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    FAQs

    What type of property is this?
    Medical office - 15,662 SF medical office building on 6.32 acres.
    Where is this medical office located?
    The property is located at 1180 N Monroe St Monroe, MI.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Large 15,662 SF single-story medical office building suitable for sale or lease.; - Located on a sizable 6.32-acre parcel.; - Equipped with a wet-pipe sprinkler system for fire protection.
    (734) 624-4923
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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
    1180 N Monroe St Monroe, MI 48162
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