501 E First Street
Monroe, MI 48161
$350,000
- Finished sq ft
- 7,629
- Lot
- 0.26 acres
- Year built
- 1915
- Property type
- Industrial
- County
- Monroe
- Subdivision
- Monroe City
- MLS #
- 50224129
- Days on market
- 31
About this home
This unique offering includes two parcels featuring a commercial building, attached storage garage, and adjacent income-producing residential property with approximately 7,629 SF combined. Formerly utilized for a heating and cooling business, the commercial space offers flexibility for a variety of potential uses with convenient street, garage, and off-alley parking. The residential property is currently fully occupied, providing an established income stream from day one. The current owner occupies the commercial building and will vacate upon sale. With distinctive character, multiple buildings, existing rental income, and two parcels included, this property presents an excellent opportunity for an owner-user, investor, or entrepreneur looking for a versatile property in Monroe.
Listing courtesy of Coldwell Banker Haynes Real Estate Commercial · MiRealSource · Listing agent: Cole McNew
Listing data is provided through the IDX programs of MichRIC, Realcomp, MiRealSource, Northern Great Lakes MLS, and Greater Lansing REALTORS. Information is deemed reliable but not guaranteed and should be independently verified. Listings held by brokerages other than Bergrand Realty are marked with the listing brokerage's name. Last updated November 8, 2026.