Property summary
This exceptional 2,090 square foot industrial property, located at 1090 N Dixie in Monroe, Michigan, presents a remarkable investment opportunity. Situated on a 0.31-acre lot, this property offers significant potential for a variety of commercial uses. Previously operating as a successful bar and grill, a key advantage is the inclusion of a valuable liquor license, streamlining the transition for prospective buyers seeking a similar business venture. The spacious interior is well-suited for a range of commercial applications, offering a welcoming atmosphere ideal for customer interaction and engagement. The property's prime location in the heart of Monroe ensures high visibility and accessibility, benefiting from substantial foot and vehicle traffic. Furthermore, the sale includes the option to acquire two adjacent lots to the west, significantly expanding the property's footprint. This additional land provides ample space for expansion projects, outdoor seating areas, or increased parking capacity, enhancing the property's overall functionality and appeal. This is a rare chance to acquire a well-positioned commercial property with a valuable liquor license and significant expansion potential in a desirable Monroe location. The asking price is $275,000.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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