1140 S Monroe Street Monroe, MI ^$ 600,000

1140 S Monroe Street

^$ 600,000

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Recently Listed

1140 S Monroe Street

Monroe, MI, 48161

^$ 600,000

Bedrooms-- Baths-- Sq 6,543

Monthly Estimate*

^$ 3,788

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Commercial Property for sale in Monroe, MI

for $600,000. This 6,543 square foot building was built on a lot size of 2.31.

Attention all restauranteurs! The business of Casa De Margarita is for sale. This turn-key restaurant has been completely renovated in 2025. It has a new kitchen, a new bar, all new furniture and booths, new flooring, and electrical. You will love how it is decorated and how clean it is. It has a beautiful outdoor patio for dining and the restaurant seats 310. It is on 2.31 acres and has a huge parking lot. It opened on 12/17/2025 and due to medical reasons the owner is forced to sell. The sale includes a class C and a SDM Liquor License. DO NOT DISTURB THE CUSTOMERS OR EMPLOYEES! All information is estimated and show be verified.

Commercial Active

Price

^$ 600,000

Property Type

Commercial

Taxes

^$ 18,431

Style

Commercial/Industrial

Lot Size

2.31

Town/City

Monroe

County/Region

Monroe

MLS | Web ID

61010725

Features

General

Heating Forced Air

Possession Negotiable (Possession)

Water Public Water

Status Active Active

Year Built 19

Water Heater Gas

County Monroe

Class COM/IND/BUS OPP

Type Commercial/Industrial

Ownership Private

Municipality Monroe Twp

Zoning Commercial

Subdivision MI

Sale/Rent For Sale

Status Detail 0

Area Monroe Twp (58012)

Primary City Monroe

Directions On the west side of Monroe St just north of E Dunbar Rd

City Monroe

Financial Terms Cash Conventional

Legal Description MAP 17 PC 414 & 425 2.31 AC COM AT THE NE COR OF OUTLOT G OF S MONROE TOWNSITE TH N 55(DEGREES)24' W 577 FT TH N 33(DEGREES)54' E 174.31 FT TH S 55(DEGREES)24' E 577 FT TH S 33(DEGREES)54' W 174.31 FT

DOM 1

Postal Code 48161

Price Per Sq Ft Total AG 91.7

Public Remarks Attention all restauranteurs! The business of Casa De Margarita is for sale. This turn-key restaurant has been completely renovated in 2025. It has a new kitchen a new bar

Exterior

Exterior Stone Wood

Frontage 177

Lot Size Area 2.31

Lot Dimensions 177 X 577 X 181 X 581

Roads Class A Paved Street

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

David Misko

Listing Agent

Van Esley Real Estate Inc

Broker

ddmisko@gmail.com

Affordability Calculator

$5,324

Per Month

Monthly Principal & Interest: $3,788
Monthly Property Taxes: $1,536
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 6.49% 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! What's my home worth?

Nearby

Trends
Schools

Commerical listings in Monroe, MI

Average List Price ^$316,375

Percent of Sale Price 47%

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
7/13/2026	$600,000		Listed Price

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1140 S Monroe Street, Monroe, MI, 48161 is a Commercial Property for sale at $600,000 with 6,543 sqft and a lot size of 2.31. 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 6.49% 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.

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

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1140 S Monroe Street

Commercial Property for sale in Monroe, MI

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