1309 W Lorain Street Monroe, MI ^$ 599,900

1309 W Lorain Street

^$ 599,900

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1309 W Lorain Street

Monroe, MI, 48162

^$ 599,900

Bedrooms-- Baths-- Sq 11,360

Monthly Estimate*

^$ 3,743

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Commercial Property for sale in Monroe, MI

for $599,900. This 11,360 square foot building was built on a lot size of 0.57.

SPECTACULAR OPPORTUNITY FOR THIS INDUSTRIAL BUILDING AT AN EXCELLENT VALUE!! 12,000 SQ FT, CAN BE USED AS 2 SUITES OR ONE SINGLE PRIMARY USE. 2 TRUCK WELLS FOR CONVENIENT DELIVERIES, LEADING INTO A HUGE WAREHOUSE SPACE WITH HIGH CEILINGS. SUITE 1 HAS 4 OFFICES AND SUITE 2 HAS 3 OFFICES. LISTING INCLUDES THE ADDITIONAL .50 ACRE LOT ACROSS THE STREET AT 501 HUBER DR FOR ADDED PARKING. LAND CONTRACT TERMS AVAILABLE WITH EXTREMELY ATTRACTIVE TERMS. CALL LISTING AGENT FOR DETAILS.

Commercial Active

Price

^$ 599,900

Property Type

Commercial

Taxes

^$ 9,348

Style

Commercial/Industrial

Lot Size

0.57

Town/City

Monroe

County/Region

Monroe

MLS | Web ID

60936391

Features

General

Heating Forced Air

Possession At Close

Roof Asphalt

Water Other-See Remarks

Status Active Active

Year Built 19

Subdivision Telelm Place MI

Water Heater Gas

County Monroe

Class COM/IND/BUS OPP

Type Commercial/Industrial

Ownership Private

Municipality Monroe

Zoning Commercial Industrial

Sale/Rent For Sale

Status Detail 0

Area Monroe (58026)

Primary City Monroe

Directions Telegraph Rd to W Lorain St.

City Monroe

Financial Terms Cash Conventional

Legal Description TELELM PLACE LOTS 373; 374; 375 & 376

DOM 89

Postal Code 48162

Price Per Sq Ft Total AG 52.81

Public Remarks SPECTACULAR OPPORTUNITY FOR THIS INDUSTRIAL BUILDING AT AN EXCELLENT VALUE!! 12 000 SQ FT CAN BE USED AS 2 SUITES OR ONE SINGLE PRIMARY USE. 2 TRUCK WELLS FOR CONVENIENT DELIVERIES

Exterior

Exterior Brick

Frontage 129

Lot Size Area 0.57

Lot Dimensions 129X193.5

Roads Paved Street

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Robert Kabbani

Listing Agent

Keller Williams Legacy

Broker

robertkabbani@gmail.com

Affordability Calculator

$4,522

Per Month

Monthly Principal & Interest: $3,743
Monthly Property Taxes: $779
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% 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 ^$231,545

Percent of Sale Price 61%

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
9/12/2025	$599,900		Listed Price

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1309 W Lorain Street, Monroe, MI, 48162 is a Commercial Property for sale at $599,900 with 11,360 sqft and a lot size of 0.57. The property's zip code is 48162 which is in Monroe, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% 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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1309 W Lorain Street

Commercial Property for sale in Monroe, MI

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