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750 S Monroe St, Monroe city, Michigan

$459,900

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0.50

Acres

About 750 S Monroe St

This professional commercial building at 750 S Monroe offers a premier investment or owner-user opportunity in a high-visibility corridor of Monroe, Michigan. The property features a well-maintained, single-story professional aesthetic characterized by classic brickwork and expansive floor-to-ceiling windows that flood the interior with natural light. Currently configured as a multi-unit center, the 6,550-square-foot building is home to established professional services, such as the Insurance and Wellness, providing a sophisticated environment for medical or office use. Each of the three units is equipped with modern infrastructure, including individual climate controls where tenants are responsible for their own electricity and gas. Strategically positioned on a heavily traveled thoroughfare, the location ensures excellent brand exposure and convenient access for clients and employees alike. The property is currently performing with a strong Net Operating Income of $37,000.00, supported by a diverse group of tenants. With a valuation of $462,000 based on an 8% capitalization rate, this asset aligns closely with the assessor's valuation of $574,000.00, representing a stable and attractive addition to any commercial portfolio. Whether you are looking to maintain the current tenant mix or occupy a portion of the space, 750 S Monroe stands as a landmark professional hub in the heart of the community.

Features of 750 S Monroe St

MLS® # 57050202758
Price $459,900
Bathrooms 0.00
Acres 0.50
Year Built 1963
Type Commercial
Status Active

Community Information

Address 750 S Monroe St
Area 06122 - Monroe
City Monroe city
County Monroe
State Michigan
Zip Code 48161

Amenities

Utilities Natural Gas Connected
Parking Other
Is Waterfront No
Has Pool No

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Fireplace No

Exterior

Construction Brick
Foundation Slab

School Information

District Monroe

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeColdwell Banker Haynes Real Estate Commercial
Contact Infotom.fritz@me.com

Listing Map

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