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Riverfront Four-Unit Retail Space
For Sale
$1,525,000

201 N Riverside Avenue, St Clair, MI 48079

Fully occupied commercial space with established food, beverage, banquet, and gift-shop tenants.

Property Size11,923 SF
Price / SF$127.90
Days on Market46

Property Features for 201 N Riverside Avenue

General Information

Standard status Active
Size 11,923 SF
Property subtype Commercial
Zoning Commercial
Occupancy 100%

Additional Details

Gross Income $192,000

Taxes and HOA fees

Annual Taxes $18,535

Building Details

Building Size 11,923 SF
Year Built 1974
Buildings 1
Tenancy Multi
Listing Agency: Community Choice Realty Inc
Listed By: Fadi Akkam · License #423330
Source: Irishhillsfivestarhomes
Added: Jul 18 Changed: Aug 31 Last Checked: Aug 17 at 6:07AM

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 Community Choice Realty Inc

Investment Insights

Based on property information with market context.

This 11,923-square-foot, four-unit retail property is fully occupied and positioned along the Saint Clair River. The sale includes the real estate only, with established commercial occupants including Subway, The Anchor Pointe Bistro & Bar, The Anchor Pointe Banquet Hall, and Soaring Dreams Gift Shop.

The property is part of a condominium plaza anchored by several national retailers. The condominium association’s services include roof and foundation maintenance, CAM, snow removal, and landscaping. The site address is N 201 N Riverside Avenue Unit SourceFi, Saint Clair, Michigan 48079.

Key Highlights

  • 11,923‑square‑foot commercial building with 4 occupied retail units
  • Directly positioned along the Saint Clair River
  • Established occupants include Subway, The Anchor Pointe Bistro & Bar, banquet hall, and gift shop

Property Analytics

Current Use

NOT JUST PLAY High School Distinctive Eyewear Physician Towbook Management Software (Bike/Boat/Book/etc) Store Towbook Auto Repair Shop St. Clair Weight ... Gym & Fitness Center

Suggested Use

Top Pick Building Supply Auto Repair Shop Auto Parts Store Big Box & Wholesale Store Law Firm Dental Office

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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

384
Businesses Nearby
48k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 50% Shops & Services 43% Beauty & Spa 7%
Dollar Tree Shops & Services
11,636 visits/mo 0.2 miles
Tim Hortons Dining
11,539 visits/mo 0.2 miles
Burger King Dining
8,424 visits/mo 0.2 miles
BP Shops & Services
4,709 visits/mo 0.1 miles
Great Clips Beauty & Spa
3,333 visits/mo 0.3 miles

Demographics for 48079, MI

12,553
Population
5,403
Households
2.3
Avg Household Size
45
Median Age
25%
College-Educated
95%
High-School Grad
41.9 sq mi
ZIP Area
300
Density / Sq Mi
$80,313
Median Household Income
$46,643
Median Earnings
$1,090
Median Rent
$276,600
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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Fully occupied commercial space with established food, beverage, banquet, and gift-shop tenants.
Where is this retail space located?
The property is located at 201 N Riverside Avenue St Clair, MI.
What is the asking price?
The asking price for this property is $1,525,000.
What are key features of this property?
This property features: 11,923‑square‑foot commercial building with 4 occupied retail units; Directly positioned along the Saint Clair River; Established occupants include Subway, The Anchor Pointe Bistro & Bar, banquet hall, and gift shop
More about this property
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