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Monroe MI Real Estate & Commercial for Sale

9 Properties Found

The median home value in Monroe, MI is $198,000 This is higher than the county median home value of $189,900. The national median home value is $308,980. The average price of homes sold in Monroe, MI is $198,000. Approximately 55% of Monroe homes are owned, compared to 35% rented, while 9% are vacant. Monroe real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Monroe real estate agent to arrange a tour today!
Learn more about Monroe.


1–9 of 9 properties displayed
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$319,900

833 N Telegraph Rd Monroe, MI 48161

Beds:
n/a
Baths:
Sq.Ft.:
2,000
Status:
NEW LISTING
MLS#:
57050141351
Type:
Business Opportunities
Lot size:
1.32 Acres
A broker reciprocity listing Courtesy: Coldwell Banker Haynes R.E. - Monroe
View additional info

The subject property under consideration encompasses a single legal parcel spanning approximately 1.36 acres, characterized by a mix of clear and lightly wooded terrain. Situated prominently along North Telegraph Road, a thoroughfare boasting a notable Annual Average Daily Traffic (AADT) volume of 24,096 vehicles, the parcel holds strategic commercial potential. Currently housing a structure utilized by the Monroe County Humane Society, the building's functional obsolescence and incongruence with the prevalent commercial profile of the surrounding properties delineate opportunities for redevelopment aligned with market demand. Notably, the property adjoins a Sonic Drive-In to the south and a compact two-unit strip mall to the north, embedding it within an established commercial enclave. Physically, the parcel assumes a narrow and rectangular configuration, with frontage directly abutting North Telegraph Road. While the frontage area predominantly features clear terrain conducive to commercial activities, the rear portion is characterized by a lightly wooded expanse, lending potential for landscaping or auxiliary developments. Of significance is the administrative delineation within the property, with the border between Frenchtown Township and the City of Monroe traversing its center. Despite this geographic division, administrative functions such as recording, taxation, and assessment are administered exclusively by the City of Monroe, underscoring its municipal affiliation. Regarding environmental considerations, the property's exclusion from Special Flood Hazard Areas, as delineated by the FEMA Flood Map Service Center, augments its desirability from a risk mitigation standpoint. Moreover, the availability of essential utilities including electric, natural gas, public water, and sewer services further enhances its development feasibility. In sum, the subject property presents a compelling investment opportunity poised at the intersection of strategic location, com

$339,000

1724 S CUSTER Road Monroe, MI 48161

Beds:
n/a
Baths:
Sq.Ft.:
1,800
Status:
Active
MLS#:
20240029024
Type:
Business Opportunities
Subdivision:
WERTENBERGER PLACE - MONROE CITY
Lot size:
0.33 Acres
Year built:
1950
A broker reciprocity listing Courtesy: RE/MAX Moves
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Multifamily opportunity. If you are looking for some passive income, this is the place for you. There are 3 apartments that are currently rented and under lease. There is also a large office space that has 4 rooms, 1.5 baths, and a lobby. The potential income for the office exceeds $2500/month income. One apartment is a 3br, 1 bath (rents $1350/month), one apartment is a 2 br, 1 bath (rents $1100/month), and the last apartment is a 1 bedroom, 1 bath (rents $650/month). The apartments are currently Section 8 income. This property offers a strong investment potential in a neighborhood that has already seen significant revitalization and is posed for on going growth. The property has a larger parking lot with over 10 parking spaces for tenant and office parking.

$199,900

501 E First St Monroe, MI 48161

Beds:
n/a
Baths:
Sq.Ft.:
7,629
Status:
Active
MLS#:
57050138434
Type:
Business Opportunities
Lot size:
0.26 Acres
Year built:
1915
A broker reciprocity listing Courtesy: Coldwell Banker Haynes R.E. - Monroe
View additional info

Absolutely full of character, formerly used for heating and cooling with attached storage garage and adjacent income property. Optimal owner/user/investor. Purchase includes two parcels, house and commercial building. Total of 7629SF. Street, garage and off alley parking available.

$159,000

411 E Front St Monroe, MI 48161

Beds:
n/a
Baths:
Sq.Ft.:
6,432
Status:
Active
MLS#:
57050138436
Type:
Business Opportunities
Subdivision:
Mcclelland
Lot size:
0.07 Acres
Year built:
1947
A broker reciprocity listing Courtesy: Key Realty One LLC - South Monroe
View additional info

This versatile property offers a blend of storage space and two upper level apartments, all occupied. Perfect for investors seeking lucrative returns. Located in downtown Monroe and easy access to amenities. New roof in 2021 and new furnace in 2020. Don't miss out on this ideal investment opportunity.

$159,000

611 S Monroe St Monroe, MI 48161

Beds:
n/a
Baths:
Sq.Ft.:
3,451
Status:
Active
MLS#:
57050137546
Type:
Business Opportunities
Lot size:
0.21 Acres
Year built:
1913
A broker reciprocity listing Courtesy: Coldwell Banker Haynes R.E. - Monroe
View additional info

Discover a versatile investment with this three-unit mixed-use property, perfectly positioned in the bustling heart of Monroe. Boasting a combination of residential and commercial spaces, this property offers immense potential for investors seeking a lucrative venture in a thriving location. At the forefront of the property stands a spacious three-bedroom home, which could provide comfortable living quarters for residents seeking convenience and charm. Adjacent to the residence, a retail store awaits, poised to accommodate a diverse range of businesses. With a prominent street frontage, this retail unit presents an unparalleled opportunity for entrepreneurs to establish their presence in a high-traffic area. Completing the trio of offerings is a versatile workshop space, perfect for artisans, or craftsmen. Equipped with essential amenities and ample room for creativity, this workshop adds invaluable utility to the property. Replacement windows throughout. Both furnaces are new. Some new siding and insulation. Convenience is key, with parking available both in front and behind the property, ensuring hassle-free access for residents, customers, and employees alike. Situated just a stone's throw from Monroe's bustling downtown business district, this property enjoys unparalleled proximity to a wealth of amenities and attractions. Surrounding neighbors include renowned establishments such as Kroger Grocery, Hungry Howies Pizza, Jimmy Johns, McDonald's, convenience stores, and an array of other thriving businesses. Don't miss this rare opportunity to secure a lucrative investment in one of Monroe's most sought-after locations. Whether you're an astute investor, a budding entrepreneur, or a homeowner seeking additional income streams, this mixed-use property promises potential. Schedule your viewing today and unlock the gateway to urban prosperity!

$189,900

8 W FRONT Street Monroe, MI 48161

Beds:
n/a
Baths:
Sq.Ft.:
4,620
Status:
Active
MLS#:
20230098617
Type:
Business Opportunities
Lot size:
0.06 Acres
A broker reciprocity listing Courtesy: EXP Realty LLC
View additional info

PRIME Retail Location ***PLUS*** INCOME with 4 apartments above this great building that backs up to the prime riverfront on the Raisin River - complete with patio section! The area is in the heart of historical Downtown Monroe which offers museums, parks, shopping, restaurants, bakeries, theater and events! Now is your chance to be a part of this dynamic opportunity with prime location and high traffic! Bring your vision and creativity to make this property everything you always wanted in a real estate investment!

$895,000

814 N Macomb St Monroe, MI 48162

Beds:
n/a
Baths:
Sq.Ft.:
7,190
Status:
Active
MLS#:
57050121591
Type:
Business Opportunities
Lot size:
0.49 Acres
Year built:
1979
A broker reciprocity listing Courtesy: Coldwell Banker Haynes R.E. - Monroe
View additional info

For Sale: High-quality medical space with exceptional visibility, conveniently located adjacent to the Promedica Hospital. This offering includes a spacious 4157 square feet of medical space on the main floor, with the added benefit of a fully finished basement. Situated in a prime location within the medical corridor, this property boasts ample parking. The interior of the medical space is thoughtfully designed and well-appointed to meet the needs of healthcare professionals. It features an impressive layout with 14 exam rooms, reception areas, and waiting areas, ensuring a comfortable and efficient experience for both staff and patients. Additionally, the space includes a lab and a tech room, providing essential facilities for medical procedures and diagnostics. The property offers flexibility and convenience with three large private offices, five lavatories, and a comfortable lounge area for staff. For added convenience, there is a full kitchen and five private restrooms. The welcoming lobby and reception area make a positive first impression on visitors and patients alike. Overall, this medical space is in excellent condition, meticulously maintained, and ready for immediate occupancy. Its adaptable layout makes it suitable for a single practice or the potential to accommodate multiple practices under one roof. Don't miss this opportunity to establish or expand your medical practice in a highly visible and well-appointed location.

$375,000

546 S Telegraph Rd Monroe, MI 48161

Beds:
n/a
Baths:
Sq.Ft.:
8,812
Status:
Active
MLS#:
57050114844
Type:
Business Opportunities
Lot size:
0.87 Acres
Year built:
1947
A broker reciprocity listing Courtesy: Coldwell Banker Haynes R.E. - Monroe
View additional info

Are you ready to embark on a thrilling culinary adventure and turn your passion for food into a successful business? Look no further than Jazzy's Steakburger, an eatery nestled in the heart of Monroe, Michigan, offering you the opportunity to own your dream restaurant. Jazzy's Steakburger is more than just a place to enjoy mouthwatering burgers-it's an experience that encapsulates the essence of flavor, quality, and community. New equipment and a superior build out included in the price. This establishment is quickly becoming a staple in the Monroe community. Reason for selling an awesome opportunity is owner health condition. Seeking an entrepreneur to carry on his dream. Business Only - No Property Taxes Please do not speak with employees.

$249,900

309 S Monroe St Monroe, MI 48161

Beds:
n/a
Baths:
Sq.Ft.:
3,576
Status:
Active
MLS#:
57050106312
Type:
Business Opportunities
Lot size:
0.5 Acres
Year built:
1930
A broker reciprocity listing Courtesy: Coldwell Banker Haynes R.E. - Monroe
View additional info

Take advantage of the opportunity to own a well-known, 4.8 star restaurant in the heart of Monroe. Erie Bread Company is beautifully designed and has been a favorite grab & go restaurant by locals and travelers alike for many years. Their breads and pastry are created using age old techniques of simple baking tradition without the use of modern commercial ingredients to speed or simplify the processes of making their products. They keep to methods like using their own sourdough starter, unbleached flours, whole flours, whole grains, good salt, pure ingredients and traditional technique. The space is well-lit and features a fully equipped kitchen with top-of-the-line appliances and equipment, allowing you to provide your customers with the best possible dining experience. Situated within walking distance of the Downtown Business District, with a 8.5/10 walkability score and nearly 21,000 vehicles driving by each day. This is a rare opportunity to acquire a well-established restaurant with a loyal customer base and a strong reputation in the community. Whether you're an experienced restaurateur or looking to enter the industry for the first time, this turnkey operation is ready for you to take the reins and make it your own. Don't miss out on this chance to own one of Monroe's most beloved dining destinations! The owners are ready to enjoy the fruits of their labor and retire. This sale includes the business, goodwill and equipment. The 3576 SF unit is leased, real estate is not included in this transaction.

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