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Remodeled Riverfront Restaurant
For Sale
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475 S Water St, Marine City, MI 48039

Operating restaurant and bar with apartment space, furnishings, equipment, liquor license, and private parking.

Property SizeContact for details
Days on Market143

Property Features for 475 S Water St

General Information

Standard status Active
Property subtype Retail
Listing Agency: Anton, Sowerby & Associates
Listed By: Joe Sowerby · License #MI 6505235117
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 11:01PM

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 Anton, Sowerby & Associates

Investment Insights

Based on property information with market context.

This Marine City property includes a 6,157 SF operating restaurant and bar together with 2,130 SF of apartment space above. The building has been newly remodeled and includes furniture, fixtures, and equipment, allowing the restaurant operation to remain central to the offering.

Positioned at 475 S Water St along the St. Clair River, the property provides riverfront views and a large private parking lot. A liquor license is included, along with the existing restaurant, bar, and residential components.

Key Highlights

  • 6,157 SF operating restaurant and bar
  • 2,130 SF of apartment space above
  • St. Clair Riverfront setting with water views

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage HVAC Service Big Box & Wholesale Store Kitchen & Bath Showroom

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

Location Intelligence

Trade Area within ½ mile

392
Businesses Nearby
4k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Sunoco Shops & Services
3,659 visits/mo 0.5 miles

Demographics for 48039, MI

7,485
Population
3,701
Households
2
Avg Household Size
46
Median Age
20%
College-Educated
92%
High-School Grad
23.0 sq mi
ZIP Area
325
Density / Sq Mi
$76,304
Median Household Income
$42,715
Median Earnings
$879
Median Rent
$170,800
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?
Conventional restaurant - Operating restaurant and bar with apartment space, furnishings, equipment, liquor license, and private parking.
Where is this conventional restaurant located?
The property is located at 475 S Water St Marine City, MI.
What are key features of this property?
This property features: 6,157 SF operating restaurant and bar; 2,130 SF of apartment space above; St. Clair Riverfront setting with water views
More about this property
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