101 West Monroe Street

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101 West Monroe Street

Bangor, MI 49013
Asking Price
$199K
Asset Type
Traditional Office Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail and traditional office space spanning 1,088 square feet.
  • Property is listed for sale at $199,000.
  • Drive-thru access is included for customer-facing business operations.
  • Site features pylon signage to increase local brand visibility.
  • Municipal parking lot access is available behind the property.

What's Special

Available for $199,000, this 1,088 square foot retail and traditional office space provides a versatile footprint for local business operations. The property is situated at 101 West Monroe Street in Bangor, Michigan, benefiting from established municipal infrastructure. Its layout is tailored for accessibility, featuring a functional drive-thru window that enhances convenience for customer-facing enterprises. Exposure is supported by pylon signage, ensuring visibility along the street corridor. Proximity to the municipal parking lot located directly behind the building facilitates consistent foot traffic for clients and employees. This configuration serves a variety of commercial needs, from professional service offices to boutique retail storefronts. The asset represents a practical acquisition in a growing suburban market, offering functional utility in a well-connected setting. Prospective investors or owner-occupants will find the layout conducive to immediate occupancy and business activity.

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NOI
$80,000
Cap Rate
40.20%
DSCR
6.77
Strong
Cash-on-Cash
114.21%
Monthly Payment
$984.543
Annual Cash Flow
$68,185.479

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