205, Monroe, Bangor, MI, 49013
Basics
- Date added: Added 4 days ago
- Category: Commercial Sale
- Type: Business
- Status: Active
- Bathrooms: 6
- Lot size: 0.1 sq ft
- Year built: 1892
- Bathrooms Full: 6
- Lot Size Acres: 0.1 acres
- Business Type: Other, Restaurant
- County: Van Buren
- MLS ID: 24063212
Description
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Description:
Welcome to 205 W Monroe St, an exceptional mixed-use property offering 4 residential apartments upstairs with On-Site laundry facility adding convenience and additional value for tenants.
Downstairs there is a spacious 2,800 SF turnkey restaurant space. Located in a high-traffic area with over 10,000 daily vehicles passing by.
Prime location and steady demand! The Bangor area shows strong potential for food and beverage establishments, with consistent market interest in family dining and quick-service options.
This turnkey property offers multiple income streams and significant growth potential. Whether you're an investor looking to expand your portfolio or an entrepreneur ready to bring a vision to life, this property delivers on value and opportunity.
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Location
- Directions: West on Monroe. Left on Railroad.
Building Details
- Building Area Total: 8607 sq ft
- Number Of Units Total: 5
- Construction Materials: Brick, Metal Siding
- Sewer: Public Sewer
- Heating: Forced Air
- Roof: Rubber
- Foundation Details: 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, Water Available, Sewer Available, Broadband
- WaterSource: Public
Fees & Taxes
- Tax Assessed Value: $108,265
- Tax Year: 2024
- Tax Annual Amount: $3,245
School Information
- High School District: Bangor
Miscellaneous
- Road Surface Type: Paved
- CrossStreet: Railroad St and Monroe St
- Listing Terms: Conventional, Cash
- Tenant Pays: Electricity, Gas, Water
