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750-758 S Monroe St 9,000 SF 100% Leased Office Building Monroe, MI 48161 $459,900 ($51.10/SF)



Executive Summary
This professional commercial building at 750 S Monroe offers a premier investment or owner-user opportunity in a high-visibility corridor of Monroe, Michigan. The property features a well-maintained, single-story professional aesthetic characterized by classic brickwork and expansive floor-to-ceiling windows that flood the interior with natural light. Currently configured as a multi-unit center, the 6,550-square-foot building is home to established professional services, such as the Insurance and Wellness, providing a sophisticated environment for medical or office use. Each of the three units is equipped with modern infrastructure, including individual climate controls where tenants are responsible for their own electricity and gas.
Strategically positioned on a heavily traveled thoroughfare, the location ensures excellent brand exposure and convenient access for clients and employees alike. The property is currently performing with a strong Net Operating Income of $37,000.00, supported by a diverse group of tenants. With a valuation of $462,000 based on an 8% capitalization rate, this asset aligns closely with the assessor’s valuation of $574,000.00, representing a stable and attractive addition to any commercial portfolio. Whether you are looking to maintain the current tenant mix or occupy a portion of the space, 750 S Monroe stands as a landmark professional hub in the heart of the community.
Strategically positioned on a heavily traveled thoroughfare, the location ensures excellent brand exposure and convenient access for clients and employees alike. The property is currently performing with a strong Net Operating Income of $37,000.00, supported by a diverse group of tenants. With a valuation of $462,000 based on an 8% capitalization rate, this asset aligns closely with the assessor’s valuation of $574,000.00, representing a stable and attractive addition to any commercial portfolio. Whether you are looking to maintain the current tenant mix or occupy a portion of the space, 750 S Monroe stands as a landmark professional hub in the heart of the community.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
9,000 SF
Building Class
C
Year Built
1967
Price
$459,900
Price Per SF
$51.10
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
9,000 SF
Building FAR
0.40
Lot Size
0.52 AC
Zoning
C-2
Parking
35 Spaces (3.89 Spaces per 1,000 SF Leased)
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Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 55-29-00050-000 | Improvements Assessment | $209,080 |
| Land Assessment | $78,020 | Total Assessment | $287,100 |
Property Taxes
Parcel Number
55-29-00050-000
Land Assessment
$78,020
Improvements Assessment
$209,080
Total Assessment
$287,100
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750-758 S Monroe St
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