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Property profile & analytics
FOR SALE
Commercial real estate

942 E 3Rd St Monroe, MI 48161

2,748 SF 0.16 ac lot
Property ID
US43-1645708
Property summary
AI-generated overview

This exceptional 2,748-square-foot commercial property located at 942 E Third Street in Monroe, Michigan, presents a unique investment opportunity. Situated on a 0.16-acre lot, this building, formerly used as a daycare center, is now available for purchase at an asking price of $225,000. The property boasts a comprehensive list of recent upgrades, including a new roof, furnace, HVAC system, plumbing, and electrical work. This ensures the building is in excellent condition and ready for immediate occupancy. The versatile layout offers significant potential for a variety of commercial uses, making it an attractive option for entrepreneurs and investors alike. The property's location in Monroe, Michigan, within Monroe County, and its convenient zip code of 48161, provides easy access to local amenities and transportation routes. The building's modern infrastructure and well-maintained amenities provide a strong foundation for any new business venture. This is a turnkey opportunity to acquire a fully modernized commercial space with significant upside potential. The property is zoned for commercial use and is ready for its next chapter. Don't miss this chance to own a meticulously updated commercial building in a desirable location.

Property profile
Verified
Property type Commercial real estate
Total area 2,748 SF
Lot 0.16 ac (6,970 SF)
UPID US43-1645708
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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