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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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37 S Monroe St , Monroe, MI 48161
$399,900
Est. Payment: $888.67/mo
0 Bed
0 Bath
2139 Sqft
Status: Active | Days on site: 1
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294086 - 305996
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House Description

Unique mixed-use opportunity along one of Monroe’s main commercial corridors, combining an established restaurant space with residential living above. The first floor is currently home to a popular Chinese restaurant and features a full commercial kitchen, dining and service areas, and an existing layout designed to support a high-volume food-service operation. Prominent frontage along a well-traveled main road provides the visibility and accessibility that are so important for a restaurant or retail business. Upstairs, a separate residential space with its own heating system adds another dimension to the property, offering the potential for owner occupancy, employee housing, or an additional income stream depending on future use and applicable zoning. For an investor, this property offers the appeal of mixed-use real estate with both commercial and residential components. For an owner-operator, it presents a rare opportunity to live and work under one roof, eliminating the commute while keeping home and business in distinct spaces. With an established restaurant location, equipped kitchen infrastructure, residential space above, and a highly visible Monroe setting, this is a versatile property with multiple possibilities for its next owner. Some photos of the rooms are virtually cleaned out. Some photos have been digitally enhanced. Sold As Is.

Highlights

Listed by Linda L Leporowski , 734-502-0456 Keller Williams Advantage , 248-380-8800.

Property Type

Commercial Sale

Lot/Acreage
0.08

County

Monroe

Neighborhood

Monroe City

School District

Monroe

Listing ID

20261073995

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Basement:Basement
Water:Public

Exterior Features

Roof:Rubber
Principal Interest
$889
Taxes
$245

Home Price

$399,900

Loan Details

30 yrs
%

Down Payment

20%
$79,980
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Monthly Price:
$888.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $888.67 $244.83 $0.00 $1,133.50
Yearly $10,664.00 $2,938.00 $0.00 $13,602.00
Total $319,920.00 $88,140.00 $0.00 $408,060.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Monroe, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.