Address
6543 E Albain Monroe, MI
Price
$ 339,900
Property Attributes
  • MLS#50030711
  • TypePending
  • CountyMONROE
  • CityMonroe
  • AreaMonroe Twp
  • NeighborhoodMonroe Twp
  • Zip48161
  • StyleCommercial/Industrial
  • Year Built1946
  • Taxes3317
  • Price$ 339,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1995
  • Lot Size4.25 Acres
Listing Provided Courtesy Of:
Coldwell Banker Haynes R.E.-Monroe
Property Description

Income property. Imagine your new small business located along I-75 with over 75,000 vehicles passing by each day. 4.25 acre site with 12 highway billboards generating monthly revenue, 40x26 pole barn, 36x24 garage, 65x30 barn has 2-horse stalls, granary, 220 electrical service. Passive income includes multiple revenue streams including billboards, buildings for storage rental and house rental. Active income/small business-house as office space, multiple buildings for additional workspace & storage. Family residence-country home with city conveniences & opportunity as small farm or orchard, etc. Easy commute to Toledo or Detroit, Ann Arbor, Metro Airport. House is currently Grandfathered in as residential but is in a Commercial zone. 12 State of Michigan Highway Billboard Permits included in sale: 7 faces (on 4 pedestal billboards). Advertising leases net approximately $27,000.00 per year. Rental sign information available. Private, occupied, property. Must have appointment.

Price History
12/14/2020 Listed $339,900

General Features

Class COM/IND/BUS OPP
Commercial Features 220 Volt Power, Billboard, Concrete Floor, Electric Available, Living Quarters, Outbuilding(s), Overhead Doors, Security Equipment, Security Fence Owned
Cooling Ceiling Fan(s), Central A/C
Directions I-75 exit 11 to south on Albain to subject property.
Exterior Features Deck/Patio
Financial Terms Cash
Heating Forced Air
Listing Area Monroe Twp (58012)
Municipality Monroe Twp
Originating Mls Southeastern Border Association
Ownership Private
Roof Shingles
Source Mls MI Real Source
Status Pending
Status Pending
Subj To Short Sale Apprvl No
Type Commercial/Industrial
Water Public Water
Water Heater Gas
Year Built 1946
Zoning Commercial, Residential

Interior Features

Fuel Type Natural Gas

Exterior Features

Sale Includes Business and Real Estate
Exterior Vinyl Siding
Foundation Type Basement
Frontage 144
Lot Dimensions 144 x 1248 irr
Lot Size Area 4.25
Roads Paved Street, Private Road
Sewer Septic Public Sanitary
Site Depth 1248
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 48161

Price
AVG $180K
$340K
Taxes
AVG $9,599
$3,317
Visits
AVG 15
10
Year Built
AVG 1961
1946
Walkscore
AVG 37
5
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.