Turnkey Restaurant and Retail
41 N Ridge Street, Port Sanilac, MI 48469
COMMERCIAL - Port Sanilac, MI
Type:Retail
Property size:
2,900 SFLot size:
0.46 AcresPrice / SF:
$116/SF- Added:
- Mar 17, 2026
- Days on Market:
- 90
- Last Refresh:
- Jun 14 at 9:06 pm
Property Features for 41 N Ridge Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2, Basement
- Parking
- 10
- Interior features
- Broadband
- Standard status
- Active
- APN
- 212-270-000-053-00
- Size
- 2,900 SF
- Lot size
- 0.46 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Information provided is deemed reliable but not guaranteed. Buyer and buyer's agent to verify all information, including
- Tax Annual Amount
- 3500
Utilities
- Utilities
- Cable Available
- Heating system
- Forced Air
- Water front features
- Lake
- Water front
- 1
Building Details
- Year built
- 1960
- Floors in Building
- 1
- Number of units
- 1
- Building materials
- Wood Siding
- Roof type
- Composition
Listing agent Julie Fagan License #6502414739 (810) 650-1232
Listing office eXp Realty, LLC 39555 Orchard Hill Place #600, Novi, MI (888) 501-7085
Listing date Mar 17, 2026
MLS# 26010214
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 1960‑built commercial property with wood siding and a composition roof
- Lake waterfront feature plus city water and sewer services
- Whole‑building Generac backup generator and extensive electrical upgrades, including a 200‑amp panel and updated LED lighting
- Security system includes ADT monitoring with motion detection and multiple exterior cameras; white aluminum fencing and a custom rolling gate
- Rear access for loading via a roll‑up overhead door; added rear/side drainage with a full‑property crushed limestone base
- Broadband available; forced‑air heating; interior updates include upgraded insulation, drywall, flooring, and paint
Overview
This extensively improved commercial building is positioned for turn-key retail, dining, or other commercial use, with recent upgrades throughout the interior and exterior. A professionally installed paver patio with a Techo-Bloc herringbone brick design enhances street presence, while a crushed limestone base supports the rear and side lots for drainage and practical outdoor use. The property includes updated insulation, drywall, flooring, and paint, plus an ADT-monitored security setup with motion detection and multiple exterior cameras. For power assurance, a whole-building Generac backup generator is supported by electrical upgrades that include a 200-amp panel, multiple 220V lines, updated LED lighting, and new emergency exit systems, along with exterior breaker access and multiple receptacles.
The rear lot is accessible through a roll-up overhead door, supporting convenient loading and unloading. The property is described as having high visibility with steady drive-by traffic, and it is noted to offer ample parking. City water and sewer services are in place, and the building is described as having a combination of slab, crawl space, and a Michigan-style basement. Additional exterior security includes white aluminum fencing and a custom rolling gate for controlled access.
With dependable utility capacity, modern safety and lighting, and a layout that supports customer-facing space plus rear access, this asset is well-suited for operators seeking minimal additional work before opening. It may also appeal to investors looking for a secure, well-maintained storefront option capable of supporting retail or restaurant concepts that benefit from visibility and walk-in demand.
The rear lot is accessible through a roll-up overhead door, supporting convenient loading and unloading. The property is described as having high visibility with steady drive-by traffic, and it is noted to offer ample parking. City water and sewer services are in place, and the building is described as having a combination of slab, crawl space, and a Michigan-style basement. Additional exterior security includes white aluminum fencing and a custom rolling gate for controlled access.
With dependable utility capacity, modern safety and lighting, and a layout that supports customer-facing space plus rear access, this asset is well-suited for operators seeking minimal additional work before opening. It may also appeal to investors looking for a secure, well-maintained storefront option capable of supporting retail or restaurant concepts that benefit from visibility and walk-in demand.
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 | $44.9k | $15.48 |
| − Vacancy | −$1.9k | −$0.65 |
| EGI | $43.0k | $14.83 |
| − OpEx | −$12.9k | −$4.45 |
| NOI | $30.1k | $10.38 |
2,900 SF · lease $15.48/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$430.1K
$376.3K – $501.8K
NOI $30,105 @ 7.0% cap · market cap 8.88%
Second Best
Specialty Retail
$420.6K
$368.0K – $490.7K
NOI $29,441 @ 7.0% cap · market cap 8.68%
Theoretical Best
Office A
$615.9K
$538.9K – $718.6K
NOI $43,113 @ 7.0% cap · market cap 12.72%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Shoreline Outdoor Living ...
Furniture & Home Goods
Location Insight
- Map
- Local Demand
- City
- Port Sanilac
- County
- Sanilac
- State
- Michigan
- Longitude
- -82.542781
- Latitude
- 43.431828
Nearby Similar for Sale
FAQs
What type of property is this?
Conventional restaurant - Turnkey commercial building with upgraded power, updated interior finishes, and a rear roll-up door for flexible loading.
Where is this conventional restaurant located?
The property is located at 41 N Ridge Street Port Sanilac, MI.
What is the asking price?
The asking price for this property is $339,000.
What are key features of this property?
This property features: 1960‑built commercial property with wood siding and a composition roof; Lake waterfront feature plus city water and sewer services; Whole‑building Generac backup generator and extensive electrical upgrades, including a 200‑amp panel and updated LED lighting
