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Investment Highlights
- Living Quarters
- High Visibility
- Downtown Monroe
Executive Summary
Position your business in a highly visible, high-traffic Monroe Street location with outstanding exposure and excellent potential for a variety of uses. This charming front-gable building offers character and flexibility, making it ideal for a salon, professional offices, boutique retail shop, service business, or other commercial venture. Most recently operated as a hair salon with five booth stations, the main level provides functional commercial space that can easily be adapted to fit your business needs. The property's prominent Monroe Street frontage offers exceptional visibility, helping your business attract attention from both vehicle and pedestrian traffic. Adding to the investment appeal is a leased upper-level apartment currently occupied on a month-to-month basis, providing immediate rental income. The apartment features 1-2 bedrooms and includes garage access for the tenant. The detached garage offers a solid concrete floor and overhead door, providing valuable space for vehicle storage, inventory, equipment, workshop use, or additional tenant amenities. Whether you're an owner-occupant looking to operate your business while generating rental income, or an investor seeking a mixed-use property in a highly visible location, this property presents a unique opportunity in the heart of Monroe.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,223 SF
Building Class
C
Year Built
1943
Price
$170,000
Price Per SF
$76.47
Percent Leased
7%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.36
Lot Size
0.14 AC
Zoning
C2
Parking
8 Spaces (3.6 Spaces per 1,000 SF Leased)
Frontage
40’ on Monroe St
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $65,550 | Total Assessment | $65,550 |
Property Taxes
Parcel Numbers
Land Assessment
$65,550
Improvements Assessment
$0
Total Assessment
$65,550
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Contact the Sale Advisor
828 S Monroe St



