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41 Dublin Street, Monaghan Town, MonaghanH18YY07

€275,000

4 Bed~3 Bath~160 m²

What you'll like:

  • Historic Architectural Character: Dating from the 1820s, this distinctive three-storey building features a traditional stone facade and a three-arch frontage that adds immense visual charm and local heritage value.
  • Prominent Town Centre Position: Occupying a highly visible spot directly in the heart of Monaghan Town, the property guarantees exceptional pedestrian footfall and high commercial exposure.
  • Generous Floor Area: Spanning approximately 160 square meters over three distinct levels, the generous layout provides substantial raw space ready for an ambitious redesign or comprehensive commercial refurbishment.
  • Flexible Mixed-Use Potential: The property is exceptionally versatile, offering buyers the rare opportunity to configure retail, office, hospitality, or upper-floor residential spaces subject to the necessary statutory approvals.
  • Substantial Rear Yard: An extensive enclosed rear yard measuring approximately 90 square meters provides valuable outdoor space and tangible future extension potential for the primary building footprint.
  • Additional Land Plot: A separate plot of land measuring around 350 square meters is located across the rear lane, providing an expansive dedicated private garden area for future occupants.
  • Detached Garage Storage: The separate land plot includes a highly useful single-storey garage and storage unit measuring approximately 40 square meters, perfect for secure parking or commercial stock holding.
  • Regeneration Programme Proximity: Positioned directly within the Dublin Street Regeneration Programme zone, the property is poised to benefit significantly from forthcoming public realm enhancements and improved pedestrian connectivity.
  • Established Commercial Address: Situated on one of Monaghan's most historic and established thoroughfares, the location ensures long-term commercial desirability and close proximity to major retail anchors.
  • Immediate Amenity Access: Within immediate walking distance of The Diamond, Monaghan Shopping Centre, and various local banks, cafés, and professional services, guaranteeing supreme daily operational convenience.
  • Strategic Transport Links: Convenient access to the N2 national road network ensures excellent regional connectivity for commuters and logistics, linking Dublin directly with Northern Ireland.
  • Refurbishment Grant Potential: Having stood vacant for over two years, the property presents a compelling opportunity for buyers to investigate lucrative government vacant property regeneration grants.
  • Ground Floor Visibility: The street-facing commercial ground floor delivers excellent window display opportunities and a traditional layout well-suited for immediate retail or customer-facing operations.
  • Expansive Second Floor: The top floor features a substantial open-plan area that offers immense flexibility for creative conversion into dramatic living quarters or extensive creative studio spaces.
  • Stable Asking Price: The asking price has remained stable at €275,000 without upward revisions, suggesting a realistic initial valuation strategy from the vendor in the current market.
  • Competitive Square Meter Cost: At €275,000 for 160 square meters plus substantial extra land and outbuildings, the baseline capital outlay per square meter is notably attractive for a commercial asset.
  • Independent Access Potential: The multi-storey layout naturally accommodates separate vertical access paths, potentially allowing upper floors to function independently from the ground-floor commercial unit.
  • Strong Rental Demand: Town-centre multi-level properties with commercial and residential crossover frequently attract robust local rental interest from diverse tenant demographics.
  • Long-Term Investment Appeal: The combination of historic fabric, land plots, and town-centre positioning creates a durable long-term asset capable of capital appreciation through active management.
  • Proximity to Public Parking: Easy access to public parking facilities surrounding the main street ensures that future commercial clients and residential visitors can park with minimal hassle.

But keep in mind:

  • Extended Vacancy Risks: Having stood vacant for over two years, the building may harbor hidden structural dampness, pest infestations, or deteriorated internal services requiring immediate costly remediation.
  • Exempt BER Status: The building is currently BER exempt due to its historic structure, meaning buyers must independently commission energy audits to estimate future thermal upgrade costs.
  • Conservation Area Restrictions: Because the building forms part of the Dublin Street Architectural Conservation Area, exterior alterations, window replacements, and signage will face strict planning limitations.
  • Comprehensive Renovation Needed: The extensive multi-storey layout requires a total refurbishment across all levels, meaning buyers must budget heavily for modern plumbing, wiring, and structural stabilization.
  • Uncertain Grant Eligibility: While potentially qualifying for vacant property grants, buyers must independently verify strict eligibility criteria and funding caps before committing to purchase.
  • Planning Permission Uncertainties: Transforming upper-floor spaces into residential use or altering the commercial footprint requires navigating complex local authority planning guidelines and fire safety certificates.
  • Unknown Structural Integrity: Historic 1820s stone construction can conceal timber rot, subsidence, or failing roof timbers, necessitating a rigorous pre-purchase structural engineering survey.
  • Separate Land Title Check: The additional plot of land and garage located across the rear lane requires careful legal verification of title deeds, rights of way, and boundary definitions.
  • Rear Lane Access Limitations: Accessing the rear yard and detached garage via a shared rear lane may present logistical bottlenecks for construction vehicles or commercial deliveries.
  • Asbestos Material Presence: Older town-centre buildings frequently contain hazardous materials such as asbestos in legacy insulation or roof sheeting, requiring professional testing and safe removal.
  • Outdated Services Infrastructure: Existing electrical and plumbing systems are likely obsolete and will need complete replacement to meet current commercial and residential building regulations.
  • Unclear Commercial Demand: Local retail and commercial leasing demand in secondary regional towns can fluctuate, potentially lengthening the time required to secure stable commercial tenants.
  • Zero Current Rental Income: As a vacant property, the asset generates no immediate cash flow, leaving the buyer fully exposed to holding costs and financing expenses during refurbishment.
  • High Restoration Costs: Historic stone restoration, lime mortar repointing, and specialized joinery will command premium labor rates compared to standard modern construction projects.
  • Fire Safety Compliance Costs: Achieving compliance for mixed-use commercial and residential occupation across three storeys will demand expensive fire-rated partitioning and upgraded escape routes.
  • Limited Natural Light: Mid-terrace historic three-storey structures can suffer from restricted natural light in central rooms, potentially requiring creative architectural interventions to brighten interiors.
  • Disruptive Public Works: Ongoing public realm improvements under the regeneration scheme could cause temporary disruption to pedestrian footfall and customer access during construction phases.
  • Parking Constraints: While public parking is nearby, the property lacks dedicated private off-street parking directly at the front entrance for quick loading or visitor drop-off.
  • Unverified Floor Area Accuracy: Listed floor areas are approximate measurements; buyers should verify exact internal dimensions to ensure accurate budgeting for flooring and heating materials.
  • Refurbishment Timeline Delays: Navigating historic building regulations and contractor availability can lead to significant project overruns and extended carrying costs for the developer.

Price positioning

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This comparison depends on limited public and listing evidence, which may be incomplete, outdated or not directly comparable. The score is not a percentage, professional valuation or guaranteed estimate. Ask an independent qualified valuer before relying on a property value.
The asking price looks moderately overvalued compared with the available evidence.
  • The asking price appears somewhat overvalued when weighed against historical local transactions on the same street, which typically trade at lower absolute price points despite offering similar town-centre historic configurations.
  • Valuation signals present a mixed picture; while the generous floor area of 160 square meters and associated land plots provide substantial development upside, the lengthy two-year vacancy period indicates potential latent refurbishment liabilities.
  • Support for this price level relies heavily on successful utilization of the Vacant Property Refurbishment Grant and favorable outcomes from the ongoing local regeneration scheme, whereas unexpected structural remediation costs could heavily undermine it.
  • Relevant factors include the historic 1820s building fabric and complex mixed-use layout requiring specialized capital investment, which restricts the immediate buyer pool compared to standard residential properties in the wider Monaghan area.

Build Analysis

What we know from similar construction types

  • The property is a distinctive three-storey mixed-use building dating from the 1820s, featuring a traditional stone façade and three-arch frontage.
  • It forms part of the Dublin Street Architectural Conservation Area, which means exterior alterations and development works will be subject to strict planning controls and local authority guidelines.
  • The structure extends to approximately 160 m2 over three floors, currently configured with commercial space at ground level and auxiliary rooms above.
  • The BER is listed as exempt, which is common for historic or protected structures, though a specialist energy audit may still be beneficial.
  • Buyers should investigate the structural integrity of the historic fabric, timber decay, roof condition, and compliance of any past internal alterations.
  • The property includes an extensive enclosed rear yard (c.90 m2) and a separate plot across the rear lane (c.350 m2) with a garage/storage unit (c.40 m2), offering potential for future extension or development subject to planning permission.
  • Given the building has been vacant for over two years, purchasers should verify eligibility for the Vacant Property Refurbishment Grant and town-centre regeneration supports.

Heating cost*

Estimated expense to heat this property every year

  • Estimated annual heating cost: 2,200 euro to 3,200 euro.
  • Explanation: With a floor area of approximately 160 square metres spread across three levels and a lack of a standard BER rating due to its historic nature, heating efficiency may be lower than modern properties, leading to higher energy consumption depending on the specific usage of the commercial and upper floors.

Pollution Safe

9/10

Environmental situation to investigate

  • The property is located within an established urban town-centre environment, well removed from heavy industrial facilities, major landfills, or known waste incinerators.
  • Any historical urban land uses typical of a 1820s commercial street should be verified through standard environmental due diligence if significant groundworks are planned.

Flood Safe

8/10

Water overflow reports to follow up

  • Monaghan Town centre is generally not highlighted in primary national mapping as a high-risk flood zone, though local surface water pooling during extreme weather events should be kept in mind.
  • Buyers should consult detailed local flood maps and undertake standard environmental checks regarding the enclosed rear yard and lower levels.

Recent Local Sales

Verified residential transactions published in the previous five years

Sales on the same street or estate

  • 55 DUBLIN STREET, MONAGHAN

    Sale date
    Declared sale price
    €75,000.00

  • 46 DUBLIN ST, MONAGHAN, MONAGHAN

    Sale date
    Declared sale price
    €201,000.00

  • 49 DUBLIN STREET, MONAGHAN, CO MONAGHAN

    Sale date
    Declared sale price
    €100,000.00

  • 26 DUBLIN ST, MONAGHAN, MONAGHAN

    Sale date
    Declared sale price
    €130,000.00

  • 48 DUBLIN ST, MONAGHAN, MONAGHAN

    Sale date
    Declared sale price
    €65,000.00

Recent sales in the wider Monaghan Town area

  • 58 TULLY ESTATE, MONAGHAN TOWN, COUNTY MONAGHAN

    Sale date
    Declared sale price
    €150,000.00

  • 53 TULLY ESTATE, MONAGHAN TOWN, COUNTY MONAGHAN

    Sale date
    Declared sale price
    €24,126.09

  • APT 36, DRUMBEAR WOOD, MONAGHAN TOWN

    Sale date
    Declared sale price
    €171,000.00

  • 179 BEECHGROVE LAWNS, MONAGHAN TOWN, MONAGHAN

    Sale date
    Declared sale price
    €190,000.00

  • 25 TULLY ESTATE, MONAGHAN TOWN, COUNTY MONAGHAN

    Sale date
    Declared sale price
    €185,000.00

Source: Property Services Regulatory Authority (PSRA), Residential Property Price Register (PPR). Matching uses address information published by the PPR rather than measured map distance. It may omit nearby properties on differently named streets.

Last Sale

A confidently matched previous PPR transaction for this property

No confidently matched previous sale was found in the Property Price Register.

Buyer fees*

Associated expenses guide

  • Estimated stamp duty: €2,750 — 1% of €275,000.
    ?
    Based on the asking price shown on this page, using standard residential stamp-duty rates. No adjustments are made for VAT, reliefs, mixed-use property or additional land. The final purchase price and your circumstances may change the amount payable.
  • Solicitor legal fees: approximately 1,500 euro to 3,500 euro plus VAT and outlays.
  • Land registration fees: approximately 400 euro to 800 euro depending on the property value and registration type.
  • Property valuation fees: approximately 150 euro to 300 euro.
  • Surveyor fees: approximately 500 euro to 1,200 euro depending on the depth of the building survey required for a historic mixed-use property.
  • Annual home insurance: approximately 400 euro to 900 euro depending on the level of coverage and commercial or mixed-use classification.

Forum Talk

What people are saying about this area

  • Locals on community forums frequently discuss the ongoing Dublin Street Regeneration Programme and its potential to improve pedestrian connectivity and public realm in Monaghan Town centre.
  • Residents on social media groups often highlight the vibrancy of town-centre living close to The Diamond, noting good access to local retail, cafes, and restaurants.
  • Property forums occasionally mention interest in the Vacant Property Refurbishment Grant for older town-centre buildings requiring renovation.
  • Discussions regarding traffic management and parking availability around Dublin Street and surrounding commercial areas appear regularly in local civic updates.

LifeFit Assessment

How well this property may suit your lifestyle

Family

7 areas
  • Young Children

    A busy town-centre mixed-use property with commercial history and an active thoroughfare lacks the safety and green space typically desired for young children.

    3/10
  • Teenagers

    Proximity to town-centre amenities offers independence, though the property's layout and commercial nature are less tailored to typical teenage family living without significant adaptation.

    5/10
  • Multi-generational Living

    Spanning 160 m2 across three floors with generous ancillary plots, the footprint offers conceptual potential for separate living zones, subject to planning permissions.

    6/10
  • Single Buyers

    Priced at €275,000 for a substantial footprint with live-work or commercial investment potential, this appeals strongly to entrepreneurial single buyers.

    8/10
  • Couples

    Offers an exciting restoration project and central location, though extensive works may be required to create a comfortable residential haven.

    7/10
  • Empty Nesters

    Multi-storey layout without a lift, combined with high maintenance requirements from a historic vacant building, makes this less suitable for downsizing.

    4/10
  • Retirees

    Three-storey stairs, commercial elements, and the need for comprehensive refurbishment pose practical challenges for retirement living.

    4/10

Work

3 areas
  • Remote Working

    Substantial multi-floor space provides ample room to establish dedicated home offices or live-work arrangements.

    8/10
  • Hybrid Commuting

    Convenient access to the N2 national road network supports commuting connectivity toward Dublin and Northern Ireland.

    7/10
  • Retired

    The property requires heavy renovation and management, which may not align with a relaxed retirement.

    4/10

Practical

8 areas
  • Ageing in Place

    A three-storey historic structure with steep stairs and vacant status makes ageing in place unfeasible without major structural adaptation.

    2/10
  • Low Maintenance

    Having been vacant for over two years and dating back to the 1820s, the property requires substantial restorative maintenance.

    2/10
  • Secure Gated Entry

    Traditional street-front property with an open town-centre orientation, lacking modern gated security features.

    3/10
  • Minimalist Design

    Defined by historic 1820s architectural features, a traditional stone façade, and multi-arch frontage rather than clean minimalist lines.

    3/10
  • Flexible Floor Plans

    Spans 160 m2 across three levels with commercial ground floor, upper residential potential, a 90 m2 rear yard, and a 350 m2 separate plot, offering immense layout flexibility subject to planning.

    9/10
  • Heritage Home

    An exceptional example of 1820s historic town-centre architecture situated within the Dublin Street Architectural Conservation Area.

    10/10
  • Ecological Setup

    Historic fabric (BER exempt) implies traditional construction that would likely require energy efficiency upgrades to meet modern ecological standards.

    4/10
  • Outdoor areas

    Features a generous 90 m2 enclosed rear yard and an additional c.350 m2 plot across the rear lane functioning as a garden with a 40 m2 garage/storage unit.

    7/10

Interests

9 areas
  • Golf

    Regional golf facilities are accessible by car from Monaghan Town.

    5/10
  • Gardening

    Includes a separate 350 m2 plot across the rear lane currently used as a garden and a 90 m2 rear yard, offering solid horticultural potential despite the urban setting.

    6/10
  • Walking

    Immediate walkability to shops, services, and the town center, with regeneration projects enhancing pedestrian connectivity.

    8/10
  • Gym

    Town-centre location puts local fitness facilities within easy reach.

    7/10
  • Cycling

    Convenient access to local routes, though town-centre traffic requires cautious navigation.

    6/10
  • Fishing

    County Monaghan is renowned for its lakes and angling, though access requires travel outside the immediate town centre.

    5/10
  • Horse Riding

    Equestrian pursuits are poorly suited to this town-centre property due to lack of stabling on-site.

    3/10
  • Water Sports

    Limited direct access to water sports within the immediate urban footprint.

    3/10
  • Entertaining

    Generous overall floor area (160 m2) and a 90 m2 enclosed rear yard provide intriguing spaces for hosting once reconfigured.

    7/10

Lifestyle

5 areas
  • Quiet Living

    Located prominently on Dublin Street in the heart of Monaghan Town, experiencing regular urban traffic and commercial activity.

    3/10
  • Rural Living

    This is an established urban streetscape property with zero rural characteristics.

    1/10
  • Village Living

    Monaghan Town offers a traditional local community feel, though it functions as a primary commercial hub rather than a quiet village.

    6/10
  • Coastal Living

    Monaghan is an inland county with no proximity to the coast.

    1/10
  • Urban Living

    Directly situated in the core of Monaghan Town near The Diamond, shopping centers, and amenities, perfect for core urban living.

    9/10

Social

6 areas
  • Community Involvement

    Positioned centrally within an active historic community participating in town-centre regeneration initiatives.

    7/10
  • Café Culture

    Located right on Dublin Street within immediate reach of cafés, restaurants, and the amenities around The Diamond.

    9/10
  • Nightlife

    Town-centre positioning places pubs, eateries, and evening venues on the doorstep.

    8/10
  • Health/Wellness groups

    Good proximity to local community and wellness amenities in Monaghan Town.

    7/10
  • Networking Opportunities

    Mixed-use nature and prominent commercial frontage offer strong local networking and business visibility.

    8/10
  • Tech-Hub Connectivity

    Regional hub connectivity is decent via the N2, though buyers should verify local high-speed broadband infrastructure.

    6/10

Listing information

Agent
Monaghan Property Sales
Phone
047 72 323
Current status
active
Published on HouseDelve
28 October 2026
Correction
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Property reference: HD-695DE5HouseDelve · Republic of Ireland

Report checks

Sources used: Public marketplace, Property Price Register, and grounded web research where available.

Automated quality checks: Passed

Estimate — not advice. Actual costs and outcomes can vary materially. Obtain current quotations and professional advice before making financial or property decisions.