1000 Monroe St Monroe, MI 48161
- Commercial real estate
Current Use by Public Records
- First Merchants Bank ATM / Atm
- Success Virtual Learning Centers of Michigan / High School
Property Details for 1000 Monroe St
- Property type
- Commercial real estate
- APN
- 12-020-362-99
- APU
- 1202036299
Description
This exceptional 4,285 square foot freestanding industrial building presents a unique investment opportunity in Monroe, MI. Situated on a 0.3-acre lot, the property boasts high visibility due to its prime location adjacent to a bustling Kroger shopping center, ensuring significant foot and vehicle traffic. The building currently features a long-term lease with an established online tutoring center occupying the first floor. Adding to its versatility, the property includes six rear garages, offering an additional 250 square feet of space each, potentially suitable for storage, workshops, or additional rental income. The high-traffic location and existing lease provide immediate cash flow, making this an attractive proposition for investors seeking a stable and potentially lucrative return. The building's size and configuration offer flexibility for a variety of uses, making it an ideal investment for both established businesses and entrepreneurs. The combination of a strong tenant, prime location, and additional garage space makes this a truly exceptional opportunity in the Monroe commercial real estate market. Serious inquiries are encouraged.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Monroe
- County
- Monroe
- State
- Michigan
- Longitude
- -83.4051
- Latitude
- 41.9091
- CBSA code
- 33780
- CBSA name
- MONROE, MI METROPOLITAN STATISTICAL AREA
