501 E First

Monroe, MI 48161
  • $350,000

    Price
  • 7,629

    SqFt
  • 0.26

    Acre

About the Listing 115753 - SEB6501447424

This unique offering includes two parcels featuring a commercial building, attached storage garage, and adjacent income-producing residential property with approximately 7,629 SF combined. Formerly utilized for a heating and cooling business, the commercial space offers flexibility for a variety of potential uses with convenient street, garage, and off-alley parking. The residential property is currently fully occupied, providing an established income stream from day one. The current owner occupies the commercial building and will vacate upon sale. With distinctive character, multiple buildings, existing rental income, and two parcels included, this property presents an excellent opportunity for an owner-user, investor, or entrepreneur looking for a versatile property in Monroe.

Listing Highlights for 501 E First

Status Active
Days on Site 28
Property Type Commercial Sale
MLS ® 50224129
Year Built 1915
Total Square Footage 7,629
Lot/Acreage 0.26

Interior Details

  • Appliances:
  • Air Cond: Central A/C
  • Heating: Forced Air
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 7629
  • Basement:
  • Other:
  • Water: Public Water

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 145 x 96
  • Roof:
  • Others:
  • Sewer: Public Sanitary

Financial Details

  • Tax Amount: $4,985
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2024

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Listing Location

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501 E First Monroe, MI 48161

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Originating MLS: Southeastern Border Association of REALTORS

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Melanie Lovati

Associate Broker | Innovation RES | Innovation Real Estate Specialists

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