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Shopping Center Former Bank Drive-Thru
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1055 SAINT CLAIR RIVER DR, Algonac, MI 48001

Former financial-services space with drive-thru infrastructure in a waterfront neighborhood retail center.

Property Size2,847 SF
Price / SF$1.00
Days on Market8

Property Features for 1055 SAINT CLAIR RIVER DR

General Information

Standard status Active
Size 2,847 SF
Property subtype Industrial

Amenities

Shingle

Building Details

Year Built 1978
Tenancy Multi
Listing Agency: Pilot Property Group - Residential LLC
Listed By: Anthony Rubino · License #6502425251
Source: Xome
Added: Aug 9 Changed: Aug 15 Last Checked: Aug 16 at 3:34AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pilot Property Group - Residential LLC

Investment Insights

Based on property information with market context.

The Shops at River Walk is a neighborhood shopping center featuring a former bank space with an existing drive-thru. The property was built in 1978 and has a shingle exterior. Its location at 1055 Saint Clair River Drive places the center across from the Algonac Ferry and Waterfront Park, creating a direct connection to nearby waterfront activity.

The center includes a storage facility with over 140 individual units and is occupied by national tenants including Ascension Medical, Jet's Pizza, and Anytime Fitness. Multiple access points serve the center, and the former bank configuration provides a distinct commercial format within the property.

Key Highlights

  • Former bank space with drive‑thru
  • Shopping center at 1055 Saint Clair River Drive, Algonac, MI 48001
  • Across from the Algonac Ferry and Waterfront Park

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Restaurant Auto Repair Shop Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

248
Businesses Nearby
14k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 44% Shops & Services 36% Dining 20%
Dollar General Market Groceries
6,151 visits/mo 0.4 miles
Speedway Shops & Services
4,996 visits/mo 0.5 miles
Jet's Pizza Dining
1,702 visits/mo 0.0 miles
Dairy Queen Dining
1,159 visits/mo 0.1 miles

Demographics for 48001, MI

11,721
Population
5,787
Households
2
Avg Household Size
50
Median Age
18%
College-Educated
94%
High-School Grad
19.0 sq mi
ZIP Area
617
Density / Sq Mi
$64,538
Median Household Income
$35,987
Median Earnings
$921
Median Rent
$250,000
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Shopping center - Former financial-services space with drive-thru infrastructure in a waterfront neighborhood retail center.
Where is this shopping center located?
The property is located at 1055 SAINT CLAIR RIVER DR Algonac, MI.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Former bank space with drive‑thru; Shopping center at 1055 Saint Clair River Drive, Algonac, MI 48001; Across from the Algonac Ferry and Waterfront Park
More about this property
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