2020 N Monroe Street, Monroe, Michigan

$75,000

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1,903

Square feet

0.19

Acres

About 2020 N Monroe Street

Lucrative Investment Opportunity! This income property boasts a thriving barber shop and salon, strategically positioned in a high-traffic location. The property is fully leased and turnkey, making it an effortless addition to your investment portfolio. Operating five days a week, it features nine booths, seven of which are consistently rented year-round, ensuring a steady stream of rental income. Additionally, there's a massage room and all necessary equipment is included, making it a seamless transition for the new owner. The current owner is ready to retire, providing you with a golden opportunity to not only generate rental income but also supplement your overall financial portfolio by owning this piece of real estate. Don't miss your chance to capitalize on this profitable venture. Tenants on month to month lease.

Features of 2020 N Monroe Street

MLS® # 31375935
Price $75,000
Square Footage 1,903
Acres 0.19
Year Built 1965
Type Commercial
Sub-Type Business
Status Active
Source MLS MiRealSource
Originating MLS Monroe

Community Information

Address 2020 N Monroe Street
Area Frenchtown Twp
City Monroe
County Monroe
State Michigan
Zip Code 48162

Amenities

Features Restroom(s), Roof Sign
Parking 6-10 Spaces
Is Waterfront No

Interior

Heating Forced Air
Cooling Central A/C

Exterior

Roof Shingles
Construction Brick, Vinyl Siding
Foundation Slab

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeColdwell Banker Haynes R.E. - Monroe

Listing Map

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