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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

Kroger
CrossFit
Tim Hortons
Fifth Third Bank
First Merchants Bank
PNC Bank

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 55-29-00484-000
  • 12-020-212-00
Land Assessment
$65,550
Improvements Assessment
$0
Total Assessment
$65,550
  • Listing ID: 41549514

  • Date on Market: 8/4/2026

  • Last Updated:

  • Address: 828 S Monroe St, Monroe, MI 48161

Contact the Sale Advisor

828 S Monroe St

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