309 S Monroe Monroe, MI $ 249,900
309 S Monroe
$ 249,900
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309 S Monroe

Monroe, MI, 48161
$ 249,900
Baths0.0 Sq 3,576

Monthly Estimate*

$ 1,661

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Studio

Commercial Property for sale in Monroe, MI

for $249,900. This 3,576 square foot building was built in 1930 on a lot size of 0.5.

Take advantage of the opportunity to own a well-known, 4.8 star restaurant in the heart of Monroe. Erie Bread Company is beautifully designed and has been a favorite grab & go restaurant by locals and travelers alike for many years. Their breads and pastry are created using age old techniques of simple baking tradition without the use of modern commercial ingredients to speed or simplify the processes of making their products. They keep to methods like using their own sourdough starter, unbleached flours, whole flours, whole grains, good salt, pure ingredients and traditional technique. The space is well-lit and features a fully equipped kitchen with top-of-the-line appliances and equipment, allowing you to provide your customers with the best possible dining experience. Situated within walking distance of the Downtown Business District, with a 8.5/10 walkability score and nearly 21,000 vehicles driving by each day. This is a rare opportunity to acquire a well-established restaurant with a loyal customer base and a strong reputation in the community. Whether you're an experienced restaurateur or looking to enter the industry for the first time, this turnkey operation is ready for you to take the reins and make it your own. Don't miss out on this chance to own one of Monroe's most beloved dining destinations! The owners are ready to enjoy the fruits of their labor and retire. This sale includes the business, goodwill and equipment. The 3576 SF unit is leased, real estate is not included in this transaction.

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Commercial Active

Price

$ 249,900

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.5

Year Built

1930

Town/City

Monroe

County/Region

Monroe

MLS | Web ID

57050106312

Features
General
Sewer Public Sewer (Sewer-Sanitary)
Year Built 1930
Property Type Commercial
Transaction Type Sale
Status Active
Short Sale No
Cumulative Days on Market 397
MLS Area Monroe
City Monroe
Terms Offered Cash Contract Conventional
School District Monroe
Land Contract 1
Ownership Status Corporate/Relocation Short Sale - No
Street Name Monroe
Total Sq Ft 3576
DOM 397
Legal Description OLD VILLAGE PLAT EAST OF MONROE ST S 50 FT OF LOT 11
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Exterior
Waterfront 0
Lot Size Area 0.50
Water Source Public (Municipal)
Lot Size Dimensions 60 x 100
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Internal Only
Originating MLS Southeastern Border Association of REALTORS®
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* Excluded Features
List By
Cole McNew

Listing Agent

Coldwell Banker Haynes R.E. - Monroe

Broker

(734) 624-4923

Phone

Affordability Calculator

$1,661
Per Month
100%
0%
0%
Monthly Principal & Interest
$1,661
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
848016 Elementary School
848002 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/20/2023$249,900 Listed Price

Map


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309 S Monroe, Monroe, MI, 48161 is a Commercial Property for sale at $249,900 with 3,576 sqft and a lot size of 0.5. 309 S Monroe is a studio with 0.0 baths and was built in 1930. The property's zip code is 48161 which is in Monroe, MI