MONROE, MONROE, MI, 48162 | RealtyStore.com

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MONROE MONROE, MI 48162
15,662 SqFt
Commercial / Rent To Own

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18 min from 1784 Upper Ranch Rd

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*** N MONROE ST ,MONROE - See Price Asking Price

15,662 SqFt

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Property Details for MONROE St, MONROE, MI 48162

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Sale Type

Rent-to-own homes can be purchased using a Lease Option. This means the buyer rents the home for a set period of time, sets aside a portion of monthly rent payments during this time, and then has an option to purchase the home later, using the accumulated savings toward the down payment. Rent-To-Own properties offer home ownership opportunities to those who have poor credit or can't afford the down payment. It gives buyers time to rebuild their credit and accumulate purchase credits while living in the house.

Description

Subject property 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. Of importance, there is 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. This property is for Lease or Sale.

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Property Brokerage: Coldwell Banker Haynes Real Estate, Inc. 15489 S. Telegraph Rd. Monroe MI 48161
Copyright � 2024 Monroe County Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

All information provided is deemed reliable, but is not guaranteed and should be independently verified.

$1,385,000 - ResaleMLS 4 bd / 6.0 ba / 6,100 sqft

$1,200,000 - ResaleMLS 5 bd / 4.0 ba / 6,753 sqft

$1,100,000 - ResaleMLS 1.0 ba / 4,060 sqft

$899,000 - ResaleMLS 5 bd / 4.0 ba / 4,660 sqft

$764,999 - ResaleMLS 4 bd / 3.0 ba / 3,673 sqft

$646,900 - ResaleMLS 4 bd / 2.0 ba / 4,011 sqft

$545,000 - ResaleMLS 5 bd / 2.0 ba / 3,856 sqft

$539,900 - ResaleMLS 5 bd / 4.0 ba / 2,737 sqft

$499,900 - ResaleMLS 3 bd / 2.0 ba / 2,679 sqft

Auction 4.0 ba / 3,480 sqft

MONROE MONROE, MI 48162

*** N MONROE ST ,MONROE - See Price Asking Price

Property Details for MONROE St, MONROE, MI 48162

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