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428 S Monroe St, Monroe, MI 48161

$1,795,000
Commercial Property MLS# 3443644 ID: 43460148
$1,795,000 Get Rates

Benesh Bldg
This property consists of a two story brick commercial building of 30,000 SF (“B-1”), and next to it a one story brick building of 10,500 SF (“B-2”) which provides indoor and outdoor parking for the tenants of B-1. These buildings have high visibility, distinctive character and strong structural integrity. B-1 was built in 1920 and is located five blocks from the Central Business District of the City of Monroe. The property is commonly known as The Benesh Building and was purchased from the Monroe Public Schools in 1985. In 1988 the building was renovated to include commercial offices spaces, indoor garage, an industrial shop space and an owner’s apartment. In 2012-2014 it underwent extensive renovations costing over $750,000 which updated the common areas and constructed build-to-suit spaces for a variety of commercial tenants. The renovations were designed by an A.I.A. accredited architectural firm and in accordance with local building codes. The main floor of B-1consists of 14,872 SF of space divided into 4,839 SF of professional office spaces along the front of the main floor of the building along S. Monroe St., 3,048 SF for a fitness studio with office along the SW corner, and 4,785 SF of storage and private garage area and freight elevator. The 2nd floor has 15,000 SF and consists of 4,017 SF of dance studios, 2,040 SF of photo/video production and offices, 3,224 SF of TV and radio studios and offices, one large loft-type 2 bedroom, 2 bath apartment of 1,680 SF, and 833 SF of office space. There is 245 SF of unfinished space, 290 SF of tenant storage space. The building is accessible from S. Monroe St and W. 5th St. sides. There is terrace parking along the W. 5th St. side of the building providing for 15 vehicles. PROPERTY DESCRIPTION of 60 West Fifth Street: B-2 consists of a one story brick building about 60 years old and has approximately 10,425 SF of area which was converted from light industrial use to accessory-parking garage with 20 indoor parking spa

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Location Information near 428 S Monroe St
Offered by Tom Fritz at Coldwell Banker Commercial Haynes Real Estate

Would you like more information regarding this property?
Please call (734) 625-7100.

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Property Features for 428 S Monroe St
Status
Market Status
Available
Last Updated
August 19, 2017
Description
Property Type
Commercial Property
Year Built
1920
Approx. Lot Size
0.92 Acres
Sq. Feet
30,000

Exterior Features

  • Parking: 45 spaces

Legal/Financial

  • Taxes: 22000

Listing Features

  • Property Type: Commercial; Office Bldg
  • Tom Fritz
  • Coldwell Banker Commercial Haynes Real Estate

Data Provided by:
Coldwell Banker

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More information about this $1,795,000 Commercial Property at 428 S Monroe St

This $1,795,000 Commercial Property at 428 S Monroe St in Monroe, MI is presented by Tom Fritz. This $1,795,000 Commercial Property, located in the 48161 zip code, has the following property features: Parking, Property Type, Taxes. This 428 S Monroe St Commercial Property, located in Monroe County , is listed under MLS listing number 3443644 and has a listing price of $1,795,000. You can find more MONROE homes for sale here.