0 N Monroe Street

About this home

6.45 ± acres of commercial-classed vacant land with approx. 812 ft of frontage on N Monroe St (M-125) in Frenchtown Charter Township, plus a secondary 66 ft connection to Hurd Rd. Frenchtown's 2017 Master Plan designates the N Monroe St frontage as Commercial on its Future Land Use map and identifies the North Monroe Corridor as the northern gateway to downtown Monroe. The long frontage and two-road connection offer flexibility for a range of potential commercial concepts, subject to township zoning and site plan approval. Buyer to verify current zoning, permitted uses, utilities, access, and all other information with Frenchtown Charter Township and other applicable authorities.

Systems and utilities

Exterior and lot

Taxes, HOA and more

Schools

How it compares in Monroe

Over the last 90 days, 170 homes sold in Monroe for a median of $225,000, about $149 per square foot, and the typical one went under contract in 10 days. This home is listed at $180,000, and has been on the market 1 day. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Monroe sales or ask us for the comparable sales on this one.

Property taxes for a new owner

The current owner pays about $1,465 a year. A buyer who lives here would pay about $2,917 a year once the taxable value resets after the sale, at the 2025 homestead rate of 32.09 mills for Frenchtown Twp and Airport schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.

Monthly payment estimate

Estimate only, 30 year fixed, includes taxes at a new owner's rate when listed. Ask us for a lender quote.

Location

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