205 W Monroe Street Active

Bangor,MI 49013

$ 324000

0 Bed

- Bath

5600 SqFt


Key Details

Property Type Commercial

Sub Type Business And Real Estate

Listing Status Active

Purchase Type For Sale

Square Footage 5,600 sqft

Price per Sqft $57

MLS Listing ID 69025035651

Year Built 1892

Annual Tax Amount $7,864

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 42x99

Property Sub-Type Business And Real Estate

Source Southwestern Michigan Association of REALTORS®

Property Description

Turnkey Investment Opportunity - Fully Leased Mixed-Use Building in the Heart of Downtown Bangor!Welcome to 205 W Monroe Street, a beautifully maintained and fully leased commercial/residential property offering immediate cash flow and long-term potential. This is truly as turnkey as it gets!G£¿ Property Highlights:4 residential apartments - all currently leasedRestaurant tenant just signed a 2-year lease for the main commercial spaceCoin-operated laundry facility for tenant convenienceExpansive basement ideal for storage or future value-add potentialLocated in the heart of Downtown Bangor, this property sits in a visible, high-traffic area and is surrounded by community charm and continued growth. With consistent rental income and zero vacancy, this property.

Location

State MI

County Van Buren

Area Bangor

Direction West on Monroe. Left on Railroad.

Interior

Heating Forced Air,Central Air

Heat Source Natural Gas

Exterior

Roof Type Rubber

Road Frontage Paved

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Block,Frame,Other,Wood

Schools

School District Bangor

Others

Tax ID 805460300100

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Special Listing Condition Unknown/Data Share Listings

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