Date
Details
Price
Change
Source
7/18/2025
Listed
$324,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$324,000 Just Listed
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Property Description
Turnkey Investment Opportunity - Fully Leased Mixed-Use Building in the Heart of Downtown Bangor! Welcome to 205 W Monroe Street, a beautifully maintained and fully leased commercial/residential property offering immediate cash flow and long-term potential. This is truly as turnkey as it gets! ✨ Property Highlights: 4 residential apartments - all currently leased Restaurant tenant just signed a 2-year lease for the main commercial space Coin-operated laundry facility for tenant convenience Expansive basement ideal for storage or future value-add potential Located in the heart of Downtown Bangor, this property sits in a visible, high-traffic area and is surrounded by community charm and continued growth. With consistent rental income and zero vacancy, this property.
Full Property Details
Full Property Details for 205 W Monroe St
General
- Price: $324,000
- Taxes: $7,864
- Status: Active
- Type: Business
- Source: SWMRIC_MLS
- MLS ID: 25035651
- Updated: 1/16/2026
- Added to Site: 2 day(s) ago
Business
- Business Type: Other, Restaurant
Interior
- Interior Features: Broadband
Rooms
Bathrooms
- Total Bathrooms: 7
- Full Bathrooms: 7
Location
- Area: Southwestern Michigan - S
- County: Van Buren
- Cross Streets: Monroe and Railroad
- Driving Directions: West on Monroe. Left on Railroad.
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Utilities
- Cable Available: Yes
- Utility Description: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected
Structural Information
- # Buildings: 1
- Foundation: None, Stone
- Roof: Rubber
- Stories/Levels: 2
- Square Feet: 5,600
- Year Built: 1892
Lot Features
- Lot Size (Acres): 0.1
- Lot Size (Sq. Ft.): 4,356
- Lot Dimensions: 42 x 99
- Frontage: Paved
Financial Considerations
- Tax Amount: $7,864
- Terms: Cash
- Tenant Pays: Electricity, Gas, Sewer, Water
Disclosures and Reports
- Ownership: LLC
- Legal Description: see agent remarks
- Property ID: 80-54-603-001-00
Listed by @properties Christie's International R.E., Christina Castaneda
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Listing agent
— 205 W Monroe St —
Christina Castaneda
@properties Christie's International R.E.
NMLS#: 1598647
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Schools
Schools serving 205 W Monroe St
School District:Bangor Public Schools
| Name | Grades | Distance |
|---|---|---|
South Walnut Elementary School 309 South Walnut Street, Bangor, MI 49013 | PK-4 | 0.5 mi |
Bangor Middle School 803 West Arlington Street, Bangor, MI 49013 | 6-8 | 0.5 mi |
Bangor High School 801 West Arlington Street, Bangor, MI 49013 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 205 W Monroe St
Tax History
Tax History for 205 W Monroe St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,864
8%
$135,800
7%
2020
$7,270
—
$126,700
14%
2020
$7,270
—
$111,600
-5%
2020
$7,270
-1%
$117,000
31%
2020
$7,343
100%
$89,600
-15%
2019
100%
$105,000
102%
2019
100%
$52,100
3%
2018
-100%
$50,800
-4%
2017
$1,922
-27%
$52,700
-41%
2015
$2,643
—
$88,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 205 W Monroe St
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- Single Family
- Active
- Updated 4 days ago
- 2Beds
- 3Total Baths
- 1,305Sq. Ft.
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205 W Monroe Street, Bangor, MI 49013 (MLS# 25035651) is a Business property. 205 W Monroe Street is currently listed for $324,000 and was received on January 16, 2026. Want to learn more about 205 W Monroe Street? Do you have questions about finding other Business real estate for sale in Bangor? You can browse all Bangor real estate or contact a Coldwell Banker agent to request more information.