588 Pointe Tremble Rd, Algonac, MI 48001
Retail property on M-29 with parking and updates.
- Added:
- Apr 26, 2026
- Days on Market:
- 48
- Last Refresh:
- Apr 26 at 12:50 am
Property Features for 588 Pointe Tremble Rd
General Information
- Standard status
- Active
- Size
- 1,900 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1954
Listing agent Mark Whitehead License #6501416199 (947) 500-6003
Listing office (947) 500-6003
Listing date Apr 26, 2026
Source Elliman
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 Mark Whitehead
HighLights
- High‑traffic location on M‑29 (approx. 10,000 cars/day)
- Large parking lot with additional secured, fenced rear parking
- Building size approximately 1900 square feet
- Land Contract available
- Lease option available
- Updated condition
Overview
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 | $36.0k | $18.96 |
| − Vacancy | −$937 | −$0.49 |
| EGI | $35.1k | $18.47 |
| − OpEx | −$10.5k | −$5.54 |
| NOI | $24.6k | $12.93 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Algonac
- County
- St. Clair
- State
- Michigan
- Longitude
- -82.539184
- Latitude
- 42.613793
