1000 Monroe St Monroe, MI 48161-3901
This exceptional 4,285 square foot freestanding industrial building presents a unique investment opportunity in Monroe, MI. Situated on a 0.3-acre lot, the property boasts high visibility due to its prime location adjacent to a bustling Kroger shopping center, ensuring significant foot and vehicle traffic. The building currently features a long-term lease with an established online tutoring center occupying the first floor. Adding to its versatility, the property includes six rear garages, offering an additional 250 square feet of space each, potentially suitable for storage, workshops, or additional rental income. The high-traffic location and existing lease provide immediate cash flow, making this an attractive proposition for investors seeking a stable and potentially lucrative return. The building's size and configuration offer flexibility for a variety of uses, making it an ideal investment for both established businesses and entrepreneurs. The combination of a strong tenant, prime location, and additional garage space makes this a truly exceptional opportunity in the Monroe commercial real estate market. Serious inquiries are encouraged.
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First Merchants Bank ATM Atm
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Success Virtual Learning Centers of Michigan High School
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.