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Multi-Tenant Office Building For Rent
For Lease
$18.25 SF/Yr

214 E Elm Avenue, Monroe, MI 48162

Multi-tenant office building with ample parking near downtown Monroe.

Space Size1,543 SF - 4,167 SF
Property Size20,300 SF
Lot Size1.25 Acres
Days on Market206

Property Features for 214 E Elm Avenue

General Information

Standard status Active
Size 1,543 SF - 4,167 SF
Lot size 1.25 Acres
Property subtype Office

Building Details

Building Size 20,300 SF
Year Built 1973

Spaces For Lease

at 214 E Elm Avenue Contact us

Suite 101 $18.25/SF/Yr

Size 1,758 SF
Type Office
Sublease No
Renewal Option Yes
Contact us

Suite 110 $18.25/SF/Yr

Size 1,543 SF
Type Office
Sublease No
Renewal Option Yes
Contact us

Suite 200 $18.25/SF/Yr

Size 4,167 SF
Type Medical Office
Sublease No
Renewal Option Yes
Contact us
Listing Agency: Reichle Klein Group
Listed By: Ryan Miller · License #2011003129
Source: Commercialcafe
Added: Mar 26 Changed: Oct 13 Last Checked: Oct 16 at 5:55AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Reichle Klein Group

Rey
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Investment Insights

Based on property information with market context.

This multi-tenant office building is situated on 1.25 acres along the River Raisin. The building is subdivided into various medical and general office suites. On-site parking is available, with approximately 66 spaces. The property is located less than two miles from exit 14 off I-75 and is within walking distance of downtown Monroe.

Key Highlights

  • Located on 1.25 acres on the shore of the River Raisin.
  • Ample on‑site parking with approximately 66 spaces.
  • Multi‑tenant office building subdivided into various medical and general office suites.

Property Analytics

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Current Use

Lindsay Emerson Medical Clinic MMH Occupational Therapy Physician Paramount - Michigan Insurance Agency Macomb Residential Opportunities Social Service Agency John Damiani, DO Physician

Suggested Use

Top Pick Building Supply Electrical Service Furniture & Home Goods Skin Care Clinic HVAC Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.74 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,040
Businesses Nearby

Demographics for 48162, MI

29,156
Population
12,698
Households
2.3
Avg Household Size
43
Median Age
24%
College-Educated
91%
High-School Grad
57.5 sq mi
ZIP Area
507
Density / Sq Mi
$68,801
Median Household Income
$41,678
Median Earnings
$912
Median Rent
$192,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office building - Multi-tenant office building with ample parking near downtown Monroe.
Where is this office building located?
The property is located at 214 E Elm Avenue Monroe, MI.
What is the lease rate?
The lease rate is $18.25 SF/Yr.
What are key features of this property?
This property features: Located on 1.25 acres on the shore of the River Raisin.; Ample on‑site parking with approximately 66 spaces.; Multi‑tenant office building subdivided into various medical and general office suites.
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