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
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.
More Information MLS# 24001747
Location & Property Info
Cross Streets: Franklin
Property Sub-Type: Retail
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
General Property Info
New Construction: No
Lot Dimensions: Irregular
Road Frontage: 352
Waterfront: Yes
Body of Water: Raisin River
Total # Units: 0
Total # Bldgs: 1
# Fin Bldg Lvls: 5
Total SqFt: 30100
School District: Dundee
Lot Measurement: Acres
Lot Acres: 1.04
Lot Square Footage: 45302
Year Built: 2008
Tax Info
Taxable Value: 284332
SEV: 544650
For Tax Year: 2023
Seller's Annual Property Tax: 3236
Tax Year: 2023
Homestead %: 0
Spec Assessment & Type: -
Tax ID #: 42-040-582-00
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...
Status Change Info
Sold Price/SqFt: 49.83
Under Contract Date: 2023-10-02
Sold Date: 2024-11-15
Sold Price: $1,500,000
Waterfront Options
Water Access Y/N: Yes
Water Frontage: 528
Water Type
River: 1
Water Fea. Amenities
View: 1
Additional Details
Passenger Elevators: 1
Utilities Attached
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Uses
Professional Service: 1
Professional/Office: 1
Recreation: 1
Restaurant: 1
Retail: 1
Other: 1
Construction Type
Other: 1
Exterior Material
Brick: 1
Heat Source
Electric: 1
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Docs at List Office
Aerial Photo: 1
Survey: 1
Other: 1
Business Includes
Non-Applicable: 1
Purchase Terms Avail
Cash: 1
Conventional: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Monroe
Street #: 298
Street Direction: W
Street Name: Monroe
Suffix: Street
State: MI
Zip Code: 48131
Area: Monroe County - 60
OfficeContract Info
Status: Sold
Current Price: $1,500,000
List Price: $1,500,000
Listing Date: 2023-04-21
Remarks Misc
Directions: Take M50 to Dundee / Large red brick building downtown on M50 (Monroe Street)
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.
