205, Monroe, Bangor, MI, 49013
Basics
- Date added: Added 6 hours ago
- Category: Commercial Sale
- Type: Business
- Status: Active
- Bathrooms: 7
- Lot size: 0.1 sq ft
- Year built: 1892
- Bathrooms Full: 7
- Lot Size Acres: 0.1 acres
- Business Type: Other, Restaurant
- County: Van Buren
- MLS ID: 25035651
Description
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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!
✨ Property Highlights:
4 residential apartments - all currently leased
Restaurant tenant just signed a 2-year lease for the main commercial space
Coin-operated laundry facility for tenant convenience
Expansive basement ideal for storage or future value-add potential Located 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.
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Location
- Directions: West on Monroe. Left on Railroad.
Building Details
- Building Area Total: 5600 sq ft
- Number Of Units Total: 5
- Heating: Forced Air
- Roof: Rubber
- Foundation Details: None, Stone
- Number Of Buildings: 1
Amenities & Features
- Inclusions: Real Estate, Equipment
- Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected
- Interior Features: Broadband
- Cooling: Central Air
Fees & Taxes
- Tax Assessed Value: $108,265
- Tax Year: 2024
- Tax Annual Amount: $7,864
School Information
- High School District: Bangor
Miscellaneous
- Road Surface Type: Paved
- CrossStreet: Monroe and Railroad
- Listing Terms: Cash
- Tenant Pays: Electric, Gas, Sewer, Water
