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Front-Gable Mixed-Use Retail Building
For Sale
$180,000

828 S Monroe St South, Monroe, MI 48161

Storefront space with salon-ready layout plus a month-to-month upper apartment and detached garage with overhead door access.

Property SizeContact for details
Days on Market61

Property Features for 828 S Monroe St South

General Information

Standard status Active
Property subtype Commercial

Additional Details

Multifamily Units 1

Building Details

Year Built 1943
Stories 2
Listing Agency: Coldwell Banker Haynes Real Estate, Inc.
Listed By: Katie Burroughs · License #6501393164
Source: Elliman
Added: Jun 12 Changed: Jul 10 Last Checked: Aug 11 at 7:15AM

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 Coldwell Banker Haynes Real Estate, Inc.

Investment Insights

Based on property information with market context.

This front-gable building combines a functional main-level storefront with an income-producing upper-level apartment and a detached garage. The main level was most recently used as a hair salon and includes five booth stations, providing a straightforward commercial layout that can be adapted for many service-oriented businesses, professional offices, or retail uses. The upper unit is leased on a month-to-month basis and features one to two bedrooms, with garage access provided for the tenant. A detached garage with a solid concrete floor and an overhead door adds practical on-site utility for vehicle storage, equipment or inventory storage, or workshop-type uses.

The property is located at 828 S Monroe St in South Monroe, MI 48161, with prominent street frontage that supports visibility to both vehicles and pedestrians. BikeScore is listed as 25 (Somewhat Bikeable) and walkScore as 3 (Car-Dependent), indicating the property is best approached by car.

With commercial space on the ground floor and an occupied apartment above, the building can work well for an owner-occupant looking to operate a business while retaining rental income. It also offers a mixed-use structure for buyers seeking a property with both street-level business space and a currently leased upper unit, along with dedicated garage storage for the tenant.

Key Highlights

  • Front‑gable commercial building built in 1943 with functional main‑level storefront space
  • Most recently used as a hair salon with five booth stations
  • Prominent Monroe Street frontage for high‑traffic visibility to vehicle and pedestrian traffic

Property Analytics

Current Use

Creations Unlimited Hair Salon

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Dental Office Daycare Center Electrical Service Catering Service Home Appliance 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

1
Residential units

Location Intelligence

Trade Area within ½ mile

505
Businesses Nearby
Under-served
Demand for This Use

Demographics for 48161, MI

26,571
Population
12,015
Households
2.2
Avg Household Size
40
Median Age
19%
College-Educated
89%
High-School Grad
44.8 sq mi
ZIP Area
593
Density / Sq Mi
$65,517
Median Household Income
$40,184
Median Earnings
$955
Median Rent
$173,200
Median Home Value

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
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Similar Off Market Nearby

  • Kroger Floral Department 850 S Monroe St, Monroe, MI 48161

Frequently Asked Questions

What type of property is this?
Storefront property - Storefront space with salon-ready layout plus a month-to-month upper apartment and detached garage with overhead door access.
Where is this storefront property located?
The property is located at 828 S Monroe St South Monroe, MI.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: Front‑gable commercial building built in 1943 with functional main‑level storefront space; Most recently used as a hair salon with five booth stations; Prominent Monroe Street frontage for high‑traffic visibility to vehicle and pedestrian traffic
More about this property
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