205 W Monroe Street new Save Request In-Person Tour Request Virtual Tour
Bangor,MI 49013
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 5,600 sqft
Price per Sqft $57
Municipality Bangor City
MLS Listing ID 25035651
Full Baths 7
Year Built 1892
Annual Tax Amount $7,864
Tax Year 2024
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 42x99
Property Sub-Type Business
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!
✨ 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. 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.
Location
State MI
County Van Buren
Area Southwestern Michigan - S
Direction West on Monroe. Left on Railroad.
Interior
Interior Features Broadband
Heating Forced Air
Cooling Central Air
Inclusions Real Estate, Equipment
Exterior
Utilities Available Phone Available,Natural Gas Available,Electricity Available,Cable Available,Natural Gas Connected,Electricity Connected
View Y/N No
Roof Type Rubber
Street Surface Paved
Building
Foundation None,Stone
New Construction No
Schools
School District Bangor
Others
Tax ID 80-54-603-001-00
Ownership LLC
Acceptable Financing Cash
Listing Terms Cash