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Active
112 W Front Street Monroe, MI 48161
6,790 SqFt
UPDATED:
02/24/2025 07:24 PM
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 6,790 sqft
Price per Sqft $58
Subdivision Mi
MLS Listing ID 50167206
Year Built 1900
Annual Tax Amount $9,310
Tax Year 2025
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 43 x 91
Property Sub-Type Commercial/Industrial
Property Description
Check out this awesome investment property! It's located right on the riverfront, in a vibrant downtown area. It's a mixed-use property with three office suites and three cozy one-bedroom apartments. There's even a large garage and a spacious basement. The property was renovated back in 1995, so it's got a great mix of old and new charm. It has a new roof and new A/C units. This property is very well kept. The gross rents are a whopping $56,000, and the net operating income is $37,000. Plus, it's super convenient - it's right next to a park, the River Raisin, and a bakery shop. What more could you want?
Location
State MI
County Monroe
Area Monroe (58026)
Zoning Commercial
Interior
Heating Forced Air
Cooling Central A/C, Wall/Window A/C
Exterior
Parking Features Parking Lot
Roof Type Metal
Building
Lot Description Downtown Dev Authority
Foundation Basement
Water Public Water
Structure Type Brick,Masonry
Others
Ownership LLC
Energy Description Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Coldwell Banker Haynes R.E. in Monroe