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    1090 Dixie Dr Monroe, MI 48162

    Sponsored
    For Sale
    $275,000

    Prime Monroe location, 2,090 sq ft, liquor license.

    Property size:
    2,090 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    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 Features for 1090 Dixie Dr

    General Information

    Property type
    Industrial properties
    Square Feet
    2,090 SF
    Lot Size
    13,504 SF

    Building Details

    Year Built
    1949
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Nail Salon Building Supply Auto Repair Shop Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Monroe
    State
    Michigan
    Longitude
    -83.36787
    Latitude
    41.92442

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    FAQs

    What type of property is this?
    Industrial property - Prime Monroe location, 2,090 sq ft, liquor license.
    Where is this industrial property located?
    The property is located at 1090 Dixie Dr Monroe, MI.
    What is the asking price?
    The asking price for this property is $275,000.
    (734) 244-5605
    Request Owner's contact information
    1090 Dixie Dr Monroe, MI 48162
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    Monroe, MI 48162
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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
    1090 Dixie Dr Monroe, MI 48162
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