What is the asking price for 521-545 Cooper Street?

Please use the contact form to get in touch with a broker and find out more about renting space here.

What is the total size of 521-545 Cooper Street?

The property has a total square footage of 9,000 SF.

When was this property built?

521-545 Cooper Street was built in 1988.

How many parking spaces are available at 521-545 Cooper Street?

Parking information for the property isn't currently listed. However, other nearby parking options include Norman Towers Parking, located 0.57 miles away , and SMCC & Saint Mary School Parking, which is 0.86 miles away.

521-545 Cooper Street, Monroe, MI 48161

For Sale Subject To Offer
Property Type Industrial - Manufacturing
Property Size 9,000 SF
Lot Size 0.87 Acre
Year Built 1988
Date Updated Oct 12, 2026
HVAC None

Description

xSVN Stewart Commercial Group is pleased to present 521-545 Cooper Street, a six-unit, 9,000 SF auto-service industrial property in Monroe, MI. This investment opportunity is well suited to either an investor seeking a value-add opportunity or an owner-user looking for a new location. What sets this property apart from other multitenant industrial properties is the municipally approved auto service uses. Industrial property where auto service is approved use is difficult to find. Most industrial buildings and sites do not allow it, and few buyers can add the use later. This building has it in place with established auto tenants operating today. The block building, constructed in 1988, offers significant flexibility in unit size. Each unit, as currently configured, has separately metered utilities, 3-phase power, and at least one 12' × 14' overhead door. Most of the parking lot was repaved in 2026. The building is currently 100% occupied by 3 auto service tenants operating on very short-term leases. Current rents paid are drastically below market rate. With the short-term leases, an investor is presented with the opportunity to either move current tenants to market rent or re-tenant the building. The flexibility of the unit configuration and utility metering makes the property an excellent candidate for NNN lease structure going forward. An owner-user can enjoy supplemental income if only occupying a portion of the building.

Highlights

A location you can’t easily replace. Finding industrial property where you can run an auto service business is difficult.
Configured for NNN. Each unit is separately metered with a separate office and bathroom, perfect for creating a NNN investment property.
Flexibility in design. Units of 1,250 and 2,000 SF can be used as they are or combined.
Flexibility to re-tenant. The leases are short-term or month-to-month, allowing a complete repositioning of the building unit by unit on your own timeline.
FOR THE INVESTOR:
FOR THE OWNER-USER
Income in place. Existing tenants can generate rent that offsets carrying costs.
Income while you execute. The in-place rents are short-term but real, helping carry the property while your re-tenanting plan is put into motion.
Low operating expenses. Operating Expenses in 2024-2025 average $2.50 psf.
Market rent upside. Implied market rent for 1,0002,000 SF auto service bays is $9.50/SF NNN.
Public utilities. The property is served by public utilities and are separately metered.
Scarce, approved use. Auto-approved industrial space is in short supply.
Solid block construction. Concrete block walls and slab-ongrade floor.
Strategic location. The property sits in an established service and light-industrial district on the Detroit-Toledo corridor, drawing demand from both markets.