Storefront with St. Clair River View

208 S Water Street Marine City, MI 48039

Claim this Listing
For Sale
$244,900

Storefront on S Water Street features an open interior layout with a St. Clair River view and nearby downtown businesses.

Type:Commercial
Property size:
1,624 SF
Price / SF:
$150/SF
Added:
May 8, 2026
Days on Market:
66
Last Refresh:
Jul 10 at 2:03 am

Property Features for 208 S Water Street

General Information

Standard status
Active
Size
1,624 SF
Property subtype
Commercial

Building Details

Year Built
1964

Listing office J. A. Bachler Realtor

Listing date May 8, 2026

Source Sabudarealty

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 J. A. Bachler Realtor


Investment Insights

Based on property information with market context.

This pristine commercial storefront at 208 S Water Street offers an open interior layout that is well suited for a variety of uses. The building is presented as move-in ready and is configured to support flexible tenant buildouts.

Positioned in the center of downtown Marine City, the storefront provides a view of the St. Clair River. It is located next to Water Street Winery and Brewing Co. and the Marine City Fish Company, placing it among established local destinations.

The offering is for sale, and land contract terms are available.

Key Highlights

  • 1964‑built commercial storefront on S Water Street in downtown Marine City
  • Open interior layout suited for a variety of uses
  • St. Clair River view

Local Financial Insights For 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 $30.8k $18.96
− Vacancy −$801 −$0.49
EGI $30.0k $18.47
− OpEx −$9.0k −$5.54
NOI $21.0k $12.93
1,624 SF · lease $18.96/SF/yr · vacancy 2.60% · expense 30.00%

Alternative Uses

Best Use
Retail
$299.9K
$262.4K – $349.9K (±1% cap)
NOI $20,993 @ 7.0% cap · market cap 8.57%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$1.22M
$1.07M – $1.42M (±1% cap)
NOI $85,461 @ 7.0% cap · market cap 34.90%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Storefront properties

Suggested Use

HVAC Service Kitchen & Bath Showroom Plumbing Service Bakery (Bike/Boat/Book/etc) Store Barber Shop Computer & Electronic Repair (Bike/Boat/Book/etc) Store Carpet & Flooring Store Cafe & Coffee Shop

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Storefront property - Storefront on S Water Street features an open interior layout with a St. Clair River view and nearby downtown businesses.
Where is this storefront property located?
The property is located at 208 S Water Street Marine City, MI.
What is the asking price?
The asking price for this property is $244,900.
What are key features of this property?
This property features: 1964‑built commercial storefront on S Water Street in downtown Marine City; Open interior layout suited for a variety of uses; St. Clair River view
Contact an agent
More about this property
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