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$399,900
Est. payment /mo
900 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 900 sqft
Price per Sqft $444
Municipality Monroe City
Subdivision Monroe City
MLS Listing ID 50217809
Year Built 1965
Lot Size 0.980 Acres
Acres 0.98
Property Sub-Type Industrial
Source MiRealSource
Property Description
Rare investment opportunity offering approximately 0.98 acres of riverfront property with exceptional visibility directly adjacent to I-75. The property features existing block buildings, five existing boat docks, and a billboard structure, providing multiple potential avenues for future income. While the property is currently non-income producing and neither the docks nor billboard are leased, there is significant upside for an investor or owner-user. The waterfront offers the potential to accommodate approximately 18–20 total boat docks, creating an opportunity for expanded seasonal dockage and rental income. The existing billboard presents an additional potential revenue stream for a future lease, subject to applicable regulations and approvals. With nearly an acre of river frontage, immediate interstate exposure, existing improvements, and multiple potential income sources, this is a unique opportunity to acquire a versatile waterfront property with considerable investment potential
Location
State MI
County Monroe
Zoning Non-Conforming,Commercial
Interior
Heating None
Cooling Wall Unit(s)
Exterior
View Y/N No
Building
Sewer Public
Structure Type Block
Others
Tax ID 55 49 01485 000
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Listed by Coldwell Banker Haynes Real Estate Commercial
NEARBY SCHOOLS & PROPERTIES
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