1180 N Monroe St | Monroe, MI 48162
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1180 N Monroe St
Monroe, MI 48162
Auction - REIT SALE | Former Medical Office · Office Property For Sale
Investment Highlights
- ABSOLUTE $1 AUCTION | Former Medical Office | 16K VPD | 15,804 SF | 6.3 Acres | Detroit CSA | AUCTION SEPTEMBER 8-10
- Neighboring Retail: Walmart, Lowe’s, Hobby Lobby, Meijer, Kohl’s, Walgreens | Across from La-Z-boy Headquarters (+10K Employees)
- Attractive Demographics with Average Household Income of ±$84,565 and Population of ±54,316 (5-Mile)
- 15,804 SF Medical/Office Building on Expansive 6.3 Acre Parcel Offered Below Replacement Cost ±30 Minutes from Both Detroit and Toledo
- Zoned C-2, General Commercial District with a Variety of Permitted Uses including Medical, Office, & Retail
- 17,886 VPD Traffic Counts on N Monroe St | 3-Mi from I-75 (62K VPD) and 0.5-Mi from 238-Bed Promedica Monroe Regional Hospital
Property Facts
Property Type
Office
Property Subtype
Medical
Building Size
15,804 SF
Building Class
C
Year Built/Renovated
1995/2007
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
15,804 SF
Building FAR
0.06
Lot Size
6.30 AC
Zoning
C-2 - Commerical
Parking
125 Spaces (7.91 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
Property Taxes
| Parcel Number | 07-353-013-02 | Improvements Assessment | $1,623,200 |
| Land Assessment | $190,300 | Total Assessment | $1,813,500 |
Property Taxes
Parcel Number
07-353-013-02
Land Assessment
$190,300
Improvements Assessment
$1,623,200
Total Assessment
$1,813,500
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