2062 S Custer Road $1,200,000

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    2062 S Custer Road Monroe, MI 48161

    • 19,818 sq. ft.
    • 1.50 Acres
    • Commercial
    • MLS# 50125443
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    Views: 145 Days On Site: 402

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    Property Details

    Great cash flow on this multi unit commercial complex. Many long term tenants with active leases. Highly visible building in a high traffic location. Leases and financials are available. New Roof in Fall of 2023. Annual Gross income $204000 with room to grow.

    • General Features
      • Acreage 1.5
      • Area Municipality Monroe Twp (58012)
      • County Monroe
      • Originating MLS Southeastern Border Association of REALTORS
      • Ownership Private
      • Subdivision Homeville Plat
      • Total SqFt Finished 19818
      • Waterfront Y/N No
      • Year Built 1985
      • ZONING Commercial
    • Building Features
      • Exterior Construction Block
      • Foundation Type Slab
      • Heating System Forced Air
      • FUEL TYPE Natural Gas
    • Property Features
      • Water Public Water
      • Lot Size 227x291
      • Sewer Septic Public Sanitary, Storm

    Neighborhood

    48161 (Monroe) Demographics

    42 Median Age
    568 Population Density (per sq. mile)
    27% College Educated
    $53,982 Estimated Median Income
    8,248 Estimated Total Home Owners
    3,124 Estimated Total Renters
    73% / 27% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    26,483 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $189,950 Median Sales Price
    18 Homes Sold
    23 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $1,200,000
        10/18/2023 3:38:00 PM New in Database Source: Multiple Listing Service New Value: $1,200,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.