25 S Monroe Street Monroe, MI ^$ 1,700,000

25 S Monroe Street

^$ 1,700,000

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25 S Monroe Street

Monroe, MI, 48161

^$ 1,700,000

Bedrooms-- Baths-- Sq 23,488

Monthly Estimate*

^$ 10,467

25 S Monroe Street, Monroe, MI 48161 - Image 1

Commercial Property for sale in Monroe, MI

for $1,700,000. This 23,488 square foot building was built in 1929 on a lot size of 0.29.

This is your opportunity to move your business to the heart of downtown Monroe! The Monroe Office Plaza is located at the northeast corner of South Monroe Street and Front Street in the central business district. The property is walking distance to the riverfront, downtown restaurants and shops. There is ample street parking. Both I-75 and Telegraph Road are just minutes away. This property is also available for sale!

Commercial Active

Price

^$ 1,700,000

Property Type

Commercial

Taxes

^$ 25,022

Style

Commercial/Industrial

Lot Size

0.29

Year Built

1929

Town/City

Monroe

County/Region

Monroe

MLS | Web ID

70430324

Features

General

Heating Forced Air

Water Public Water Public Water at Street

Status Active Active

Year Built 1929

County Monroe

Class COM/IND/BUS OPP

Type Commercial/Industrial

Ownership LLC

Municipality Monroe

Subdivision MI

Sale/Rent For Sale

Status Detail 0

Area Monroe (58026)

Primary City Monroe

Directions The Monroe Office Plaza is located at the northeast corner of South Monroe Street and Front Street in the central business district.

City Monroe

Financial Terms Cash Conventional

Legal Description COMM AT INT E LI S MONROE ST AND N LI E FRONT ST; TH S 78D 52M 54S E 124.48 FT; TH N 06D 31M 00S E 119.40 FT; TH N 7

DOM 498

Postal Code 48161

Price Per Sq Ft Total AG 72.38

Public Remarks

Exterior

Exterior Block

Frontage 120

Lot Size Area 0.29

Lot Dimensions 120x60

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Tjader Gerdom

Listing Agent

Gri Homes For Today

Broker

tgerdom@gerdomrealty.com

Affordability Calculator

$12,552

Per Month

Monthly Principal & Interest: $10,467
Monthly Property Taxes: $2,085
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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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Nearby

Trends
Schools

Commerical listings in Monroe, MI

Average List Price ^$269,364

Percent of Sale Price 84%

About Monroe, MI

20,059 Population

-7% Since 2002

^$43,524 Median Income

37.98 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/11/2024	$1,700,000		Listed Price

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25 S Monroe Street, Monroe, MI, 48161 is a Commercial Property for sale at $1,700,000 with 23,488 sqft and a lot size of 0.29. 25 S Monroe Street was built in 1929. The property's zip code is 48161 which is in Monroe, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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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25 S Monroe Street

Commercial Property for sale in Monroe, MI

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