205 Monroe St, Bangor, MI 49013-1349

This exceptional Bangor, MI property at 205 W Monroe boasts 8,607 square feet on a 0.1-acre lot. The building offers a lucrative blend of commercial and residential income streams. Downstairs, a fully operational 2,800 square foot restaurant space is ready for immediate use, presenting a turnkey opportunity for a food and beverage entrepreneur. The high-traffic location, with over 10,000 vehicles passing daily, ensures significant visibility and potential customer base. Upstairs, four residential apartments provide additional rental income, enhanced by an on-site laundry facility for tenant convenience. This mixed-use property is ideally situated in an area demonstrating strong demand for family dining and quick-service restaurants, presenting significant growth potential. The combination of a thriving commercial space and stable residential units makes this an attractive investment for those seeking multiple income streams and a strong return on investment. The asking price is $324,000. This turnkey operation offers immediate income and the potential for substantial future growth in a desirable location. The property's size and layout provide flexibility for various business models and expansion opportunities.