309 S Monroe Street Monroe, MI $ 249,900
309 S Monroe Street
$ 249,900
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309 S Monroe Street

Monroe, MI, 48161
$ 249,900
Baths0.0 Sq 3,576

Monthly Estimate*

$ 1,746

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Studio

Commercial Property for sale in Monroe, MI

for $249,900. This 3,576 square foot building was built in 1930 on a lot size of 0.5.

Take advantage of the opportunity to own a well-known, 4.8 star restaurant in the heart of Monroe. Erie Bread Company is beautifully designed and has been a favorite grab & go restaurant by locals and travelers alike for many years. Their breads and pastry are created using age old techniques of simple baking tradition without the use of modern commercial ingredients to speed or simplify the processes of making their products. They keep to methods like using their own sourdough starter, unbleached flours, whole flours, whole grains, good salt, pure ingredients and traditional technique. The space is well-lit and features a fully equipped kitchen with top-of-the-line appliances and equipment, allowing you to provide your customers with the best possible dining experience. Situated within walking distance of the Downtown Business District, with a 8.5/10 walkability score and nearly 21,000 vehicles driving by each day. This is a rare opportunity to acquire a well-established restaurant with a loyal customer base and a strong reputation in the community. Whether you're an experienced restaurateur or looking to enter the industry for the first time, this turnkey operation is ready for you to take the reins and make it your own. Don't miss out on this chance to own one of Monroe's most beloved dining destinations! The owners are ready to enjoy the fruits of their labor and retire. This sale includes the business, goodwill and equipment. The 3576 SF unit is leased, real estate is not included in this transaction.

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Commercial Active

Price

$ 249,900

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Business

Lot Size

0.5

Year Built

1930

Town/City

Monroe

County/Region

Monroe

MLS | Web ID

50106312

Features
General
Water Public Water
Status Active Active
Year Built 1930
County Monroe
Class COM/IND/BUS OPP
Type Business
Percent Ownership Corporation
Municipality Monroe
Subdivision MI
Commercial Features 440 Volt Power
Area Monroe (58026)
Primary City Monroe
Directions M125 (S Monroe St) to E Fourth
City Monroe
Street Name Monroe
Financial Terms Cash Conventional Land Contract
Legal Description OLD VILLAGE PLAT EAST OF MONROE ST S 50 FT OF LOT 11
DOM 369
Postal Code 48161
Price Per Sq Ft 69.88
Coming Soon Take advantage of the opportunity to own a well-known
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Exterior
Lot Size Area 0.5
Lot Dimensions 60 x 100
Waterfront Y/N No
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* Excluded Features
List By
Cole McNew

Listing Agent

Coldwell Banker Haynes R.E. - Monroe

Broker

colemcnew@icloud.com

Email

Affordability Calculator

$1,746
Per Month
100%
0%
0%
Monthly Principal & Interest
$1,746
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/20/2023$249,900 Listed Price

Map


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309 S Monroe Street, Monroe, MI, 48161 is a Commercial Property for sale at $249,900 with 3,576 sqft and a lot size of 0.5. 309 S Monroe Street is a studio with 0.0 baths and was built in 1930. The property's zip code is 48161 which is in Monroe, MI