135 Monroe St, Bangor, MI 49013-1332
This exceptional 4,365 square foot vacant storefront, located at 135 W Monroe Street in Bangor, Michigan, presents a compelling investment opportunity. Situated in the heart of downtown Bangor, this property enjoys a prime location at a main intersection, ensuring high visibility and accessibility for potential businesses. Built in 1980, the two-story building offers ample space for a variety of retail uses. The asking price is $99,000, translating to a price per square foot of $22.68. The property is currently vacant, providing immediate occupancy for a new tenant or owner-operator. Its strategic location within Van Buren County, Michigan, and its substantial square footage make it an attractive prospect for entrepreneurs seeking a well-positioned retail space. The property's size and location offer significant potential for growth and return on investment. This is a rare opportunity to acquire a substantial retail space in a thriving downtown area. Serious inquiries are encouraged to explore this promising investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
B1 · Bangor, MIBangor. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.