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
IDX
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.