1414 Stewart RdMonroe, MI 48162

Property Details for 1414 Stewart Rd

Lot size

1.54 AC

Property size (Sq ft)

4,100 SF

Property type

Medical offices

Property subtype

Medical centers

APN

07-030-006-11

APU

703000611

Description

This exceptional retail property, located at 1414 Stewart Road in Frenchtown, Michigan, presents a unique opportunity for businesses seeking a prominent location in Monroe County. The entire building, totaling 4,021 square feet, is currently available for lease. This presents a blank canvas for a single tenant or the potential for multiple tenants to occupy this expansive space. The property sits on a generous 1.54-acre lot, offering ample parking and visibility from Stewart Road. Its classification as commercial retail ensures high traffic and exposure to potential customers. The property's address is 1414 Stewart Rd, Frenchtown, MI 48162, within Monroe County. The building's size and the large lot size provide significant flexibility for various retail concepts. The property is conveniently located in Monroe, Michigan, offering easy access to major roadways and a thriving local community. This is an ideal location for businesses seeking high visibility and a strong customer base. The property is ready for immediate occupancy, allowing for a quick start to operations. Serious inquiries are encouraged to explore this exceptional retail opportunity. The property is zoned for commercial use.

• CAP approach

  CAP return

  Valuation

  6%

  $701,871

  6.5%

  $647,880

  7%

  $601,603

• Comparable approach

  Method

  Valuation

  Relative Method

  $383,514

  Geo Method

  $383,514

• Alternative Use

  Use

  Valuation

  Residential

  $803,372

  Hospitality

  $735,884

  Educational

  $612,247

  Medical

  $633,303

  Retail

  $952,384

Location Insight

City

Monroe

County

Monroe

State

Michigan

Latitude

41.9443

Longitude

-83.4039

CBSA code

33780

CBSA name

MONROE, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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