501 First Street, Monroe, Michigan 48161

$350,000

Property Details

  • MLS#: 57050224129
  • Bedrooms: N/A
  • Bathrooms: N/A
  • Square Feet: N/A
  • Lot Size: N/A
  • Year Built: 1915
  • Property Type: CommercialSale
  • Transaction: Transaction type unavailable
  • Listing Status: Active

Tax and Assessment Information

Tax and assessment information is unavailable.

Description

This unique offering includes two parcels featuring a commercial building, attached storage garage, and adjacent income-producing residential property with approximately 7,629 SF combined. Formerly utilized for a heating and cooling business, the commercial space offers flexibility for a variety of potential uses with convenient street, garage, and off-alley parking. The residential property is currently fully occupied, providing an established income stream from day one. The current owner occupies the commercial building and will vacate upon sale. With distinctive character, multiple buildings, existing rental income, and two parcels included, this property presents an excellent opportunity for an owner-user, investor, or entrepreneur looking for a versatile property in Monroe.

Location

This property is located in Monroe, Michigan. Monroe is part of the Metro Detroit area, offering convenient access to employment, schools, shopping, and recreation.

Frequently Asked Questions

What is the price of 501 First Street?

501 First Street is listed at $350,000.

How many bedrooms does 501 First Street have?

This property has N/A bedrooms and 0 bathrooms.

Ask about this property

Contact Sonic Realty to verify current availability or ask about this listing. A showing is only arranged after the listing team confirms it.

Phone: (313) 484-4696

Email: info@sonicrealty.com