1180 N Monroe Street Monroe, MI $ 2,350,000
1180 N Monroe Street
$ 2,350,000
Share Save

1180 N Monroe Street

Monroe, MI, 48162
$ 2,350,000
Baths0.0 Sq 15,662

Monthly Estimate*

$ 16,415

1180 N Monroe Street, Monroe, MI 48162 - Image 1
1180 N Monroe Street, Monroe, MI 48162 - Image 2
1180 N Monroe Street, Monroe, MI 48162 - Image 3
1180 N Monroe Street, Monroe, MI 48162 - Image 4
1180 N Monroe Street, Monroe, MI 48162 - Image 5
1180 N Monroe Street, Monroe, MI 48162 - Image 6
1180 N Monroe Street, Monroe, MI 48162 - Image 7
1180 N Monroe Street, Monroe, MI 48162 - Image 8
1180 N Monroe Street, Monroe, MI 48162 - Image 9
1180 N Monroe Street, Monroe, MI 48162 - Image 10
1180 N Monroe Street, Monroe, MI 48162 - Image 11
1180 N Monroe Street, Monroe, MI 48162 - Image 12
1180 N Monroe Street, Monroe, MI 48162 - Image 13
1180 N Monroe Street, Monroe, MI 48162 - Image 14
1180 N Monroe Street, Monroe, MI 48162 - Image 15
1180 N Monroe Street, Monroe, MI 48162 - Image 16
1180 N Monroe Street, Monroe, MI 48162 - Image 17
1180 N Monroe Street, Monroe, MI 48162 - Image 18
1180 N Monroe Street, Monroe, MI 48162 - Image 19
1180 N Monroe Street, Monroe, MI 48162 - Image 20
1180 N Monroe Street, Monroe, MI 48162 - Image 21
1180 N Monroe Street, Monroe, MI 48162 - Image 22
1180 N Monroe Street, Monroe, MI 48162 - Image 23
1180 N Monroe Street, Monroe, MI 48162 - Image 24
1180 N Monroe Street, Monroe, MI 48162 - Image 25
1180 N Monroe Street, Monroe, MI 48162 - Image 26
1180 N Monroe Street, Monroe, MI 48162 - Image 27
1180 N Monroe Street, Monroe, MI 48162 - Image 28
1180 N Monroe Street, Monroe, MI 48162 - Image 29
Studio

Commercial Property for sale in Monroe, MI

for $2,350,000. This 15,662 square foot building was built in 1995 on a lot size of 6.32.

Physicians Eye Care (the “Subject”) is an approximately 7-to-19-year-old (built in two phases in 1995 and 2007), 15,662-SFG single-story medical office building located on a 6.32-acre parcel in Monroe, Michigan. The Subject consists of a single building that is vacant. In plan, the Subject is rectangular in shape. The property is accessed along Monroe Street to the west with the nearest major intersection street being Cole Road. Ingress and egress is provided via a single point along Monroe Street. Parking is provided on the south, east and west elevations within open paved lots. Construction consists of a substructure of concrete spread footings and SOG, with a superstructure of wood framing. Cellar foundation walls are constructed of CMU. The predominant sidewall system consists of brick and vinyl siding. Roofing consists of asphalt shingles, with drainage by gutters and leaders. Heating and air conditioning is provided via split systems with natural gas-fired furnaces. Domestic hot water is provided by a two gas- fired water heaters. Electrical service enters the Subject from a pad-mounted transformer and consists of a 208/120-V, 3-phase service. The Subject is complete with a wet-pipe sprinkler system for fire protection. There is no vertical transportation, as it is a single-story structure. Generally, the Subject was considered to be in good condition; however, this does not preclude the Subject from having system/component specific physical deficiencies, deficiencies that may be costly to remedy or that require further study. Of importance, there was no evidence of any apparent, major structural or mechanical distress that was observed to be prevalent. The Subject exhibited minimal wear and tear commensurate with its age. It was evident from our survey that the Subject has been the recipient of an adequate level of preventive maintenance provided by various service firms and the Subject’s maintenance staff.

See more

Commercial Active

Price

$ 2,350,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 70,000

Style

Commercial/Industrial

Lot Size

6.32

Year Built

1995

Town/City

Monroe

County/Region

Monroe

MLS | Web ID

50126048

Features
General
Heating Forced Air
Cooling Central A/C HVAC
Water Public Water
Status Active Active
Year Built 1995
Water Heater Gas
County Monroe
Township Frenchtown Charter Township
Class COM/IND/BUS OPP
Type Commercial/Industrial
Percent Ownership Corporation
Municipality Frenchtown Twp
Subdivision MI
Commercial Features 3 Phase Power Public Restrooms Reception Area Restroom(s) Showroom Sprinkler System
Area Frenchtown Twp (58007)
Primary City Monroe
City Monroe
Street Name Monroe
Financial Terms Commercial Loan
Legal Description SEC 32 T6S R9E & PCS 124 & 353 7.81 AMOL (SURVEY) COM AT INT E'LY ROW LI NORTH MONROE ST W/N'LY CORP LI TO CITY OF MONROE TH N 24 DEG 30'00 E ALG E'LY ROW LI N MONROE ST (100 FT WD) 367.67 FT
DOM 181
Postal Code 48162
Price Per Sq Ft 150.04
Coming Soon Physicians Eye Care (the “Subject”) is an approximately 7-to-19-year-old (built in two phases in 1995 and 2007) 15
See more
Exterior
Frontage 300
Lot Size Area 6.32
Lot Dimensions 300 irr
Waterfront Y/N No
See more
Interior
Ceiling Height Less than 16 Ft.
Fuel Type Electric Natural Gas
See more
* Excluded Features
List By
Cole McNew

Listing Agent

Coldwell Banker Haynes R.E. - Monroe

Broker

colemcnew@icloud.com

Email

Affordability Calculator

$22,249
Per Month
74%
26%
0%
Monthly Principal & Interest
$16,415
Monthly Property Taxes
$5,833
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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

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
10/25/2023$2,350,000 Listed Price

Map


See all

1180 N Monroe Street, Monroe, MI, 48162 is a Commercial Property for sale at $2,350,000 with 15,662 sqft and a lot size of 6.32. 1180 N Monroe Street is a studio with 0.0 baths and was built in 1995. The property's zip code is 48162 which is in Monroe, MI