501 E First St

Monroe, MI 48161
  • $350,000

    Price
  • 0.26

    Acre

About the Listing 57000000115753 - 57000000708821

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 St

Status Active
Days on Site 38
Property Type Commercial Sale
MLS ® 57050224129
Year Built 1915
Lot/Acreage 0.26
County Monroe
School District Monroe

Interior Details

  • Appliances:
  • Air Cond:
  • Heating: Forced Air,Central Air,Natural Gas
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 7629
  • Basement: Slab
  • Other: Forced Air,Central Air
  • Water: Public (Municipal)

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 145 x 96
  • Roof:
  • Others: Block,Vinyl
  • Sewer: Sewer (Sewer-Sanitary)

Financial Details

  • Tax Amount: $4,985
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 553900521000
  • Tax Year: N/A

Payment Calculator

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Listing Location

Questions About..

501 E First St Monroe, MI 48161

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Originating MLS: Southeastern Border Association of REALTORS®

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Terri Fenelon

Realtor/Associate Broker | Terri Fenelon Real Estate Group | Real Broker, LLC

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