Former Restaurant Near Lake St.
6658 Riverside Rd. Marine City, MI 48039
6658 Riverside Rd., Marine City, MI, 48039
$500,000
For Sale
$500,000
Former McDonald's restaurant near Lake St. Clair and shopping center.
Property Size2,700 SF
Price / SF$185.19
Days on Market239
Property Features for 6658 Riverside Rd.
General Information
- Standard status
- Active
- Size
- 2,700 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1981
Listing Agency
SVN-Cohn Commercial Properties
(248) 818-0010
Listed by
Harry Cohn · License #07986251
(248) 818-0010
Source
Svn
Added: Nov 21, 2025 Checked: Jul 17 at 6:09 am
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 SVN-Cohn Commercial Properties
Investment Insights
Based on property information with market context.
This property, formerly a McDonald's restaurant, is located minutes from Lake St. Clair and positioned in front of a busy shopping center. The property size is 2700 square feet. It is suitable for drive-through restaurants, restaurants, and retail properties.
Key Highlights
- Former McDonald's Restaurant
- Located minutes from Lake St. Clair
- Positioned in front of busy shopping center
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $51.2k | $18.96 |
| − Vacancy | −$1.3k | −$0.49 |
| EGI | $49.9k | $18.47 |
| − OpEx | −$12.5k | −$4.62 |
| NOI | $37.4k | $13.85 |
2,700 SF · lease $18.96/SF/yr · vacancy 2.60% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$534.2K
$467.5K – $623.3K
NOI $37,396 @ 7.0% cap · market cap 7.48%
Second Best
Retail
$498.6K
$436.3K – $581.7K
NOI $34,903 @ 7.0% cap · market cap 6.98%
Theoretical Best
Multifamily LT 5
$2.03M
$1.78M – $2.37M
NOI $142,084 @ 7.0% cap · market cap 28.42%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Drive through restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Drive through restaurant - Former McDonald's restaurant near Lake St. Clair and shopping center.
Where is this drive through restaurant located?
The property is located at 6658 Riverside Rd. Marine City, MI.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Former McDonald's Restaurant; Located minutes from Lake St. Clair; Positioned in front of busy shopping center
