The median home value in Monroe, MI is $197,250.
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 $197,250.
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.
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.
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.
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.
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.
Don't miss this opportunity.....retail freestanding building with long term lease. Located next to busy Kroger mall, high visibility. Has 6 garages in rear for additional 250/m.1st floor tenant is on-line tutoring ctr. Located next to busy Kroger mall.
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!
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!
Discover potential with this prime commercial property spanning 1.62 acres, featuring a versatile 4,416 square feet of flexible space. Strategically located on the highly visible M-125 (N Monroe St) in Frenchtown Township, this property boasts a truck well, ensuring seamless logistics for warehouse and distribution operations. Originally constructed in 1983, the building has served various purposes, including retail for pool supplies, warehouse, distribution, and office space. Its adaptable layout and robust infrastructure make it an ideal investment for those seeking a strategic business location. Benefiting from high visibility and just two miles away from the main retail and restaurant corridor, this property offers a lucrative opportunity for retail businesses aiming to capture attention and maximize foot traffic. The strategic positioning also caters to warehouse and distribution operations, ensuring efficient connectivity to key commercial hubs. Unlock the full potential of this commercial gem, perfectly suited for a range of business ventures. Don't miss the chance to establish your presence in this thriving business landscape.
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!
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!
ONE OF THE OLDEST FAMILY RESTAURANTS IN MICHIGAN! ALMOST 7,000 SQUARE FEET INCLUDING ALL KITCHEN EQUIPMENT, TABLES AND CHAIRS AND THE LIQUOR LICENSE! AT APPROX. $58 A SQUARE FOOT, THIS IS A STEAL! KEEP IT AS IS, A WHITE TABLECLOTH RESTAURANT, OR TURN IT INTO A SPORTS BAR OR BREW HOUSE. EITHER WAY, YOU WON'T FIND A BETTER DEAL. NEW ROOF IN THE LAST 2 YEARS, KITCHEN EQUIPMENT ALL IN GREAT CONDITION, FURNACE AND CENTRAL AIR ARE IN GREAT CONDITION. 4 BEDROOM APARTMENT UPSTAIRS ADDS TO THE APPEAL (THE UPSTAIRS APARTMENT NEEDS UPDATING/RENOVATING, BUT WOULD BE A GREAT INCOME PRODUCER). MASSIVE AMOUNT OF PARKING SPACE. APPOINTMENT ONLY WITH ADVANCE NOTICE. DO NOT APPROACH THE STAFF OR OWNERSHIP!! SELLER'S AGENT MUST BE PRESENT FOR SHOWINGS. ORIGINAL STRUCTURE BUILT IN 1930 AND ADDED IN 1968. SEE AREA REPORT IN "DOCS" OR CALL TO HAVE IT EMAILED.
Physicians Eye Care (the Subject) is an approximately 7-to-19-year-old (built in two phases in 1995 and 2007), 15,662-SFG single-story medical office building located on a 6.32-acre parcel in Monroe, Michigan. The Subject consists of a single building that is vacant. In plan, the Subject is rectangular in shape. The property is accessed along Monroe Street to the west with the nearest major intersection street being Cole Road. Ingress and egress is provided via a single point along Monroe Street. Parking is provided on the south, east and west elevations within open paved lots. Construction consists of a substructure of concrete spread footings and SOG, with a superstructure of wood framing. Cellar foundation walls are constructed of CMU. The predominant sidewall system consists of brick and vinyl siding. Roofing consists of asphalt shingles, with drainage by gutters and leaders. Heating and air conditioning is provided via split systems with natural gas-fired furnaces. Domestic hot water is provided by a two gas- fired water heaters. Electrical service enters the Subject from a pad-mounted transformer and consists of a 208/120-V, 3-phase service. The Subject is complete with a wet-pipe sprinkler system for fire protection. There is no vertical transportation, as it is a single-story structure. Generally, the Subject was considered to be in good condition; however, this does not preclude the Subject from having system/component specific physical deficiencies, deficiencies that may be costly to remedy or that require further study. Of importance, there was no evidence of any apparent, major structural or mechanical distress that was observed to be prevalent. The Subject exhibited minimal wear and tear commensurate with its age. It was evident from our survey that the Subject has been the recipient of an adequate level of preventive maintenance provided by various service firms and the Subjects maintenance staff.
Great cash flow on this multi unit commercial complex. Many long term tenants with active leases. Highly visible building in a high traffic location. Leases and financials are available. Annual Gross income $132766 with room to grow.
4800 square feet of real estate and .49 acre lot. Tenant currently month to month on lease. Keep tenant or move your business in. Current market value per Frenchtown township is $603,000 so priced to sell!
4800 square feet of real estate and .49 acre lot. Tenant currently month to month on lease. Keep tenant or move your business in. Current market value per Frenchtown township is $603,000 so priced to sell!
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.