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    102 Front St Monroe, MI 48161

    Sponsored
    For Sale
    $1,200,000

    Prime location, 33,524 sq ft, $1.2M

    Property size:
    33,524 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional three-story, 33,524 square foot executive office building is situated on a 0.28-acre lot in the heart of Monroe, Michigan. Built in 1940, the building boasts beautiful limestone construction and is zoned for Central Business District (CBD) use. The property offers convenient access to both street and public parking. A notable feature is a five-year deed restriction prohibiting use as a bank or credit union. The asking price is $1,200,000, translating to $35.80 per square foot of land value. The property's address is 102 E Front St, Monroe, MI 48161 (APN: 55-39-00167-000). This presents a unique opportunity to acquire a substantial, well-located office building in a thriving downtown area. The building's prime location and attractive features make it an ideal investment for a variety of businesses. The existing deed restriction offers potential buyers a clear understanding of permitted uses.

    Property Features for 102 Front St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    33,524 SF
    Lot Size
    12,197 SF

    Building Details

    Year Built
    1940
    Buildings
    1
    Stories
    3

    HighLights

    • 33,524 square feet of executive office space available.
    • Beautiful limestone building.
    • Convenient street and public parking.
    • Five‑year deed restriction prohibiting bank or credit union use.
    • Prime downtown Monroe, MI location.
    • $1,200,000 sale price ($35.80/sq. ft.).
    Property Profile Location Intelligence

    Current Use by Public Records

    Monroe County Business ... Non-Profit Organization

    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
    -83.3957559
    Latitude
    41.9159545

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    FAQs

    What type of property is this?
    Office Property / Space - Prime location, 33,524 sq ft, $1.2M
    Where is this office property / space located?
    The property is located at 102 Front St Monroe, MI.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: 33,524 square feet of executive office space available.; Beautiful limestone building.; Convenient street and public parking.
    Request Owner's contact information
    102 Front St 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
    102 Front St Monroe, MI 48161
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