6501 N Monroe St
Land | 602,100 SqFt
Marketing description
Opportunity awaits with this unique 15.5-acre commercial property in Monroe, offering both an established drive-in theatre layout and exceptional land-use potential for a variety of future uses.
The property features two existing movie screens, on-site utilities, and a 4,448 sq. ft. concession/restroom building with bathroom facilities already in place—providing the essential infrastructure for continued operation as a drive-in theatre or redevelopment to suit your vision.
Whether you are looking to revive a classic entertainment venue or capitalize on the land value, this property presents a rare and versatile investment opportunity.
Investment highlights
Based on the detailed property and tax records provided, here is the updated sale highlight for 6501 N Monroe St.
Sale Highlight: High-Potential Commercial Asset & 15.5-Acre Land Play
Substantial Land Holding: A rare 15.50-acre expansive parcel (Parcel: 07 016 092 03) located in the Frenchtown unit of Monroe.
Modern Infrastructure: Includes a 4,448 SF commercial building currently classified for Restaurant/Snack Bar use, featuring a forced-air furnace and 11-foot story heights.
Strategic Commercial Zoning: Zoned as Commercial-Improved (Property Class 201), providing a versatile foundation for retail, dining, or specialized entertainment ventures.
Strong Valuation Fundamentals: * Assessed Value (2026): $417,200.
Proven Investment Stability: The property has seen consistent growth in taxable value, rising from $204,126 in 2023 to $226,942 in 2026.
Operational Readiness: The existing structure is 100% complete with an effective age of approximately 10 years, ensuring immediate utility for an owner-user or tenant.
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