Bangor, MI 49013 205 W Monroe Street
$324,000
39 more
Presented By: Christina Castaneda at Keller Williams Realty Swm - (269) 982-7653
Baths • 7
Home Details
Turnkey Investment Opportunity - Fully Leased Mixed-Use Building in the Heart of Downtown Bangor!
Welcome to 205 W Monroe Street, a beautifully maintained and fully leased commercial/residential property offering immediate cash flow and long-term potential. This is truly as turnkey as it gets!
✨ Property Highlights:
4 residential apartments - all currently leased
Restaurant tenant just signed a 2-year lease for the main commercial space
Coin-operated laundry facility for tenant convenience
Expansive basement ideal for storage or future value-add potential Located in the heart of Downtown Bangor, this property sits in a visible, high-traffic area and is surrounded by community charm and continued growth. With consistent rental income and zero vacancy, this property.
Presented By: Christina Castaneda at Keller Williams Realty Swm - (269) 982-7653
Interior Features for 205 W Monroe Street
Bathrooms
Total Baths7
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)Yes
Heating Y/NYes
Interior AmenitiesBroadband
Total Stories2
General for 205 W Monroe Street
Additional Parcels Y/NNo
Availability Date2025-07-18
Business TypeOther, Restaurant
CityBangor
CoolingCentral Air
CountyVan Buren
DirectionsWest on Monroe. Left on Railroad.
Full Baths7
HeatingForced Air
High School DistrictBangor
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal Descriptionsee agent remarks
Listing TermsCash
Lot Size Square Feet4356.0
Lot Size UnitsAcres
MLS AreaSouthwestern Michigan - S
MLS Area MinorSouthwestern Michigan - S
MobileHomeRemainsYNNo
ModificationTimestamp2025-07-18T15:14:03Z
New ConstructionNo
Number Of Units Total5
Occupancy TypeTenant
Ownership TypeLLC
PossessionClose Of Escrow, Negotiable
Property SubtypeBusiness
Property TypeCommercial Sale
Rent Control Y/NNo
RoofRubber
Senior CommunityNone
Standard StatusActive
StatusActive
Tax Annual Amount7864.0
Tax Assessed Value108265
Tax Year2024
Tenant PaysElectric, Gas, Sewer, Water
TownshipBangor City
UtilitiesPhone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected
Year Built1892
Exterior for 205 W Monroe Street
Building Area Total5600.0
Crops Included Y/NNo
Foundation DetailsNone, Stone
Horse Y/NNo
InclusionsReal Estate, Equipment
Irrigation Water Rights Y/NNo
Lot Dimensions42x99
Lot Size Acres0.1
Lot Size Area0.1
Number of Buildings1
Road Surface TypePaved
SpaNo
Waterfront Y/NNo
Additional Details
Price History
Wendy Robinson
Broker/Instructor
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