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$350,000
New Listing

501 E First Street
Monroe, MI 48161

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
7,629
SqFt
$46
/SqFt
1915
Built
County:
Monroe
Listing courtesy of Cole McNew of Coldwell Banker Haynes Real Estate Commercial
Call Now: (734) 241-2700
Is this the listing for you? We can help make it yours.
(734) 241-2700
501 E First Street501 E First Street501 E First Street501 E First Street
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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.

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Listing Snapshot
Price 
$350,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
7,629 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.26 Acres
Year Built 
1915
MLS® Number 
50224129
Status 
Active
Property Tax 
$4,985
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
5 hours agoListing updated with changes from the MLS®
5 hours agoListing first seen on site
General Features
Acres 
0.26
Disclosures 
No
Foundation 
Slab
Parking 
Alley Access
Sewer 
Public Sewer
SqFt Above 
7629
SqFt Total 
7629
Utilities 
Natural Gas Available
Water Source 
Public
Interior Features
Appliances 
Gas Water Heater
Cooling 
Central Air
Flooring 
Concrete
Heating 
Forced AirNatural Gas
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Exterior Features
Construction Details 
BlockVinyl Siding
Frontage 
145
Road Frontage 
Alley
Community Features
Community Features 
Sidewalks
MLS Area 
Monroe (58026)
Financing Terms Available 
CashConventional
Listing courtesy of Cole McNew of Coldwell Banker Haynes Real Estate Commercial



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Last checked: 2026-10-07 10:46 PM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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