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    437 N Monroe St Monroe, MI 48161

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    For Lease
    $695 /Mo ($8 SF/Yr)

    Office suite in downtown business district with parking.

    Property size:
    1,014 SF
    Lot size:
    0.17 Acres

    Property Features for 437 N Monroe St

    General Information

    Size
    1,014 SF
    Lot size
    0.17 Acres

    Source: Coldwell Banker Commercial Haynes Real Estate Agent Thomas Fritz

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Business District Office Suite

    This office suite is located in the downtown business district. The 1014 square foot space features three offices, a reception area, lobby, lounge, and lavatory. The property includes nine parking spaces and offers high visibility. The space was formerly occupied by a jewelry store.
    Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    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
    -83.394565
    Latitude
    41.922675

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    FAQs

    What type of property is this?
    Office space - Office suite in downtown business district with parking.
    Where is this office space located?
    The property is located at 437 N Monroe St Monroe, MI.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: - Prime downtown business district location; - Includes 9 dedicated parking spaces; - High visibility location
    (734) 625-7100
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    437 N Monroe St Monroe, MI 48161
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    Monroe, MI 48161
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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
    437 N Monroe St Monroe, MI 48161
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