298 W Monroe Street, Dundee, MI 48131 (MLS# 24001747)

298 W Monroe Street, Dundee, MI 48131

$1,500,000

Property Type: Commercial Sale Square Footage: 30,100 Lot Size (sq. ft.): 45,302 Status: Sold

Current Price: $1,500,000 List Date: 5/10/2024 Last Modified: 11/16/2024

Overview

Description

The ''Riverfront Centre'' is a 5-story building located by Downtown Dundee's Riverwalk with a garage parking structure, a first-floor lobby, elevator, and three floors that are prepped to be finished. Zoned B-1, Central Business District, and permitted uses in the B-1 District are listed in Article 6 of Village's Zoning Ordinance, which allows for a mixture of uses with the intent of maintaining retail on the first floor, while allowing for residential and office uses on the upper floors. Current owner has considered options such as an assisted living facility or condos for rent. Please note that all data provided is approximate and not guaranteed, and the buyer / agent should verify all info independently.

Listing Details MLS# 24001747

Location Property Info

County: Monroe
Street #: 298
Street Direction: W
Street Name: Monroe
Suffix: Street
State: MI
Zip Code: 48131

General Property Info

New Construction: No
Lot Measurement: Acres
Lot Acres: 1.04
Lot Square Footage: 45302
Lot Dimensions: Irregular
Year Built: 2008
Road Frontage: 352
# Fin Bldg Lvls: 5
Total # Bldgs: Yes
Total SqFt: 30100
Waterfront: Yes
Body of Water: Raisin River
School District: Dundee
Total # Units: 0

Tax Info

Tax ID #: 42-040-582-00
Taxable Value: 284332
SEV: 544650
For Tax Year: 2023
Seller's Annual Property Tax: 3236
Tax Year: 2023
Spec Assessment & Type: -
Homestead %: 0

Remarks Misc

Directions: Take M50 to Dundee / Large red brick building downtown on M50 (Monroe Street)

Status Change Info

Under Contract Date: 2023-10-02
Sold Date: 2024-11-15
Sold Price/SqFt: 49.83

More Information

Additional Details

Passenger Elevators: Yes

Waterfront Options

Water Access Y/N: Yes
Water Frontage: 528

Location & Property Info

Cross Streets: Franklin
Property Sub-Type: Retail
Area: Monroe County - 60
Municipality: Dundee Vllg
Ownership Type: Private Owned

Office/Contract Info

Auction or For Sale: For Sale
List Price/SqFt: 49.83
Prop Avail for Lease?: No
Current Bldg Use: Vacant

Remarks & Misc

Legal: 1407-286 SEC 13 T6S R6E 1.04 AC COM AT INT OF CL OF MONROE ST WITH CL OF CASS ST SD PT BEINGA CL OF ROW FOR HWY M-50...

Water Type

River: Yes

Water Fea. Amenities

View: Yes

Utilities Attached

Electricity Connected: Yes
Natural Gas Connected: Yes

Sewer

Public Sewer: Yes

Water

Public Water: Yes

Uses

Professional Service: Yes
Professional/Office: Yes
Recreation: Yes
Restaurant: Yes
Retail: Yes
Other: Yes

Construction Type

Other: Yes

Exterior Material

Brick: Yes

Heat Source

Electric: Yes
Natural Gas: Yes

Sale Conditions

None: Yes

Heat Type

Forced Air: Yes

Docs at List Office

Aerial Photo: Yes
Survey: Yes
Other: Yes

Business Includes

Non-Applicable: Yes

Purchase Terms Avail

Cash: Yes
Conventional: Yes

Possession

Close Of Escrow: Yes

Property Features

Water Type: River Uses: Professional Service; Professional/Office; Recreation; Restaurant; Retail; Other Business Includes: Non-Applicable Construction Type: Other Exterior Material: Brick Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected; Natural Gas Connected Heat Source: Electric; Natural Gas Heat Type: Forced Air Purchase Terms Avail: Cash; Conventional Docs at List Office: Aerial Photo; Survey; Other Sale Conditions: None Possession: Close Of Escrow

Listing Office: RE/MAX Classic

Listing Agent: Katja Classic

Last Updated: November - 16 - 2024

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.