Property summary
This 1,390 square foot industrial condo, located at 1086 N Monroe in Monroe, MI, presents a fantastic investment opportunity. Situated on a 0.32-acre lot, this corner unit boasts four generously sized exam rooms, ideal for a variety of professional uses. One exam room includes a private bath, easily adaptable as a private office. The property features a full basement with convenient walk-out access, adding significant storage and potential for expansion. The reception area is spacious and well-appointed, ready to welcome clients. Recent upgrades include new laminate flooring throughout the exam rooms and hallway, enhancing the overall aesthetic appeal. The building itself is attractively decorated, creating a professional and inviting atmosphere. The property is move-in ready, offering immediate occupancy. Alternatively, there's an existing lease in place at $2,800 per month, expiring in March 2025, providing a steady income stream until then. This exceptional property combines functionality, modern amenities, and a desirable location, making it an attractive proposition for both owner-occupiers and investors. The asking price is $269,900. Don't miss this chance to acquire a well-maintained, versatile commercial space in a thriving area.
Property profile
VerifiedCap rate & NOI
Current use
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Pediatrician Physician
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Pediatrician Medical Clinic
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Pediatrician Physician
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Medical Clinic
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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