Monroe, MI Retail Properties & Spaces for Sale

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27 properties

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Updated: Mar 27

Occupied Strip Center For Sale

15479 S Telegraph Rd, Monroe, MI 48161

$533,663

4,604 sqft 1.20 AC lot

Attractive 8.25% cap rate and $116 PSF purchase price.
100% occupied with a rent roll anchored by Northwestern Mutual.
Significant mark‑to‑market rental upside potential.
Located in an established trade area.
Durable physical attributes and no near‑term capital improvements anticipated.

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This listing looks promising.

Here's a quick look at some key insights for

15479 S Telegraph Rd, Monroe, MI 48161

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Est. Cap Rate

8.3%
Above avg (5.9%)
Est. NOI

$44K
Annual
Mortgage

$1.95M
Jul 2021

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Updated: Oct 29, 2014

Storefront Building with Delivery Door

800 COLE Road, Monroe, MI 48162

$149,900

2,530 sqft 0.38 AC lot

2530 square feet on a 0.38‑acre parcel
ADA‑accessible storefront with delivery door
Formerly used as a party store; equipment available
Central air and forced‑air heating
Restrooms, fixtures, and tile flooring

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Retail Building for Grocery Market

1104 E 4th Street, Monroe, MI 48161

$269,900

6,120 sqft

Retail building suited for grocery, convenience store, or neighborhood retail.

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Former Auto Dealership For Sale

15354 South Dixie Highway, Monroe, MI 48161

$1,486,000

20,234 sqft

20,234 SF former auto dealership with 248 parking spaces.

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Storefront Property with Monument Signage

1144 N Monroe St, Monroe, MI 48162

$1,050,000

7,000 sqft

C2 commercial zoning, on-site parking, and prominent monument and building signage serve a retail-oriented storefront.

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Retail Space with Monument Signage

15483 S Dixie Hwy, Monroe, MI 48161

$1,050,000

7,000 sqft

C2-zoned retail property with on-site parking and access to the S Dixie Highway commercial corridor.

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Retail Space with Finished Basement

106 N Monroe St, Monroe, MI 48162

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2,088 sqft

Leased veterinary-use retail space with C-M zoning and a defined renewal structure.

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Former Convenience Store with Parking

7373 Blue Bush Rd, Monroe, MI 48162

$275,000

3,600 sqft

Former convenience store for sale with ample parking on 1.01 acres.

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Kroger-Anchored Retail Shopping Center

850 S Monroe St, Monroe, MI 48161

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120,947 sqft 13.00 AC lot

Kroger-anchored shopping center with a mix of retail tenants, recently renewed NNN lease, and strong occupancy.

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Retail Space for Sale

513 North Telegraph Road, Monroe, MI 48162

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6,500 sqft

Retail property totaling 6,500 SF, offered for sale.

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Freestanding Storefront Building

1000 S MONROE Street, Monroe, MI 48161

$625,000

Leased retail property with six rear garages and an operating first-floor tutoring center.

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Storefront Property with Restroom

14930 LAPLAISANCE RD, Monroe, MI 48161

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1,400 sqft

Commercial space offers a single restroom within its existing layout.

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Retail Space For Sale

630 N Telegraph Rd, Monroe, MI 48162

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26,725 sqft

26,725 SqFt retail space available for purchase.

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Office Unit With Parking

15384 S Dixie Highway, Monroe, MI 48161

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2,200 sqft

Front-facing office space with central air, concrete construction, and parking for office users.

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End-Cap Retail Space

1229 Holiday Boulevard Unit SourceFi, Monroe, MI 48162

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10,385 sqft

Shell space includes rooftop HVAC and an underground grease detention system, with room for an outdoor patio or café.

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Grocery Market Building With Coolers

1104 4th Street, Monroe, MI 48161

$239,900

Renovated retail space includes beverage and dairy refrigeration, storage, and customer parking.

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Front-Gable Mixed-Use Retail Building

828 S Monroe St, South, Monroe, MI 48161

$180,000

Storefront space with salon-ready layout plus a month-to-month upper apartment and detached garage with overhead door access.

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Retail Property with Fenced Area

2784 N, Monroe, MI 48162

$325,000

1,296 sqft

1296 sq ft retail space with great visibility.

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Retail Space with Tiled Flooring

1066 Telegraph Road, Monroe, MI 48161

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1,219 sqft

Retail suite on Telegraph Road with prior salon use and neighboring restaurant presence within the mall.

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Updated Shopping Center Units

8198 N Dixie Highway, Monroe, MI 48166

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Recently refreshed plaza offers flexible retail, restaurant, and service configurations within a shared commercial center.

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Retail Building with Large Parking Lot

1000 S Telegraph Rd, Monroe, MI 48161

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4,400 sqft 1.00 AC lot

C-2-zoned commercial building with an updated roof and HVAC system.

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NNN Convenience Retail Store

123 Plum Grove Dr, Monroe, MI 48161

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For-sale NNN specialty retail asset in the Detroit MSA, marketed at a 6.35% cap rate.

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Recently Renovated Retail Property

507 S Telegraph Rd, Monroe, MI 48161

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Recently renovated retail property available for sale with well-below market rents.

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Renovating Strip Mall

986 Telegraph Road, Monroe, MI 48161

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2,736 sqft

Available commercial units support office, retail, restaurant, medical, and counseling uses.

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Monroe, MI Retail Properties & Spaces Market Trends and Statistics

Explore 72 retail properties & spaces for sale in Monroe, MI, showcased through 27 active listings on our real estate platform. These investment opportunities span a total of 233,353 square feet of properties for sale, with an estimated market value of $6,184,363.

Sale prices for stores in Monroe, MI start at $149,900, averaging $562,214, and reaching up to $1,486,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 55K

Population Growth (5Y) +1.0%

Median Household Income $67,210

College Educated 29.4%

High-Yield Neighborhoods for Investment

Identify Monroe submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
48161	$465.4K
48162	$809.8K

Taxes & Financing

Tax Rate (average for all types) 4.28%

Property Tax per SF $88.57 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Monroe County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Monroe fall within the 50,000 to 100,000 square foot range.

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