205 W Monroe St Bangor, MI 49013
Fully leased mixed-use building in Downtown Bangor with immediate cashflow.
Lot size:
0.10 AcresProperty Features for 205 W Monroe St
General Information
- Standard status
- Active
- Lot size
- 0.10 Acres
Building Details
- Year built
- 1892
Source:
Elliman
Listing Agent: Christina Castaneda
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Turnkey Mixed-Use Investment Opportunity
Located in the heart of Downtown Bangor, 205 W Monroe Street is a fully leased mixed-use property. The building features four residential apartments, all of which are currently leased, providing consistent rental income. The main commercial space is occupied by a restaurant tenant who has recently signed a 2-year lease. A coin-operated laundry facility is available for tenant convenience. The property includes an expansive basement, suitable for storage or potential future development. The property is situated in a visible, high-traffic area, surrounded by community charm and continued growth, offering long-term potential.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Mixed-use properties
Location Insight
- Map
- Local Demand
- City
- Bangor
- County
- Van Buren
- State
- Michigan
- Longitude
- -86.112558
- Latitude
- 42.313253
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FAQs
What type of property is this?
Mixed-use property - Fully leased mixed-use building in Downtown Bangor with immediate cashflow.
Where is this mixed-use property located?
The property is located at 205 W Monroe St Bangor, MI.
What is the asking price?
The asking price for this property is $324,000.
What are key features of this property?
This property features: - Fully Leased: Immediate cash flow with zero vacancy.; - Prime Location: Heart of Downtown Bangor, high-traffic area.; - Mixed-Use: Commercial (restaurant) and residential (4 apartments) units.
