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    417 Michigan St Algonac, MI 48001

    Sponsored
    For Lease
    $12 SF/Yr

    High-visibility retail space available in Algonac, MI.

    Lot size:
    48,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail opportunity is situated at 417 Michigan Street (M-29) in Algonac, Michigan, offering unparalleled visibility and accessibility. The property, encompassing a total of 48,000 square feet, is a multi-tenant shopping center situated on a 3-acre lot (APN: 74011110069000) in St. Clair County. Currently, there are 16,600 square feet of vacant space available, divisible into units ranging from a minimum of 2,400 square feet to a maximum contiguous space of 7,700 square feet. This prime location on M-29, a major thoroughfare connecting Chesterfield and Port Huron, ensures high traffic volume and excellent exposure for businesses. The property's strategic placement within the heart of Algonac provides immediate access to a thriving local community and a strong customer base. This is an ideal opportunity for retailers seeking a prominent location with significant visibility and ample space to establish or expand their operations. The property is classified as a retail shopping center and offers a unique chance to capitalize on the bustling commercial activity in this desirable area. Interested parties are encouraged to inquire about the available spaces and explore the potential of this exceptional retail property.

    Property Features for 417 Michigan St

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    48,000 SF
    Total Rate
    48000

    Unit(s) available at that property

    Space
    Space 419
    Size
    6,500 SF
    Rate per SF
    $12
    Space
    Available Space 4
    Size
    7,500 SF
    Rate per SF
    $144
    Space
    Space 417
    Size
    7,700 SF
    Rate per SF
    $12

    HighLights

    • 48,000 SF multi‑tenant retail shopping center on a 3‑acre lot in Algonac, MI.
    • 16,600 SF of vacant space available, divisible into units from 2,400 SF to 7,700 SF.
    • High‑visibility location on M‑29 (Michigan Street), a major thoroughfare connecting Chesterfield and Port Huron.
    • Prime location in Algonac, MI offering access to a strong local customer base.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Algonac
    County
    St. Clair
    State
    Michigan
    Longitude
    -82.5378183
    Latitude
    42.6144564

    Nearby Comparable

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      Former CVS Retail Space Available

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      Grocery-Anchored Retail Center Space

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    • $6 SF/Yr
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      Manufacturing Facility with Storage Yard

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    Nearby Similar for Lease

    • Contact for pricing
      45,290 SF

      River Walk Retail Spaces Available

      Algonac, MI: Prime Retail Opportunity
      1027-1105 St Clair Riv Dr, Algonac, MI 48001
      View Details
    • $14 SF/Yr
      12,970 SF

      Algonac Retail Space: Riverfront Opportunity

      Prime Algonac retail space, 12,970 sq ft, 64 parking spaces.
      1025 St Clair Riv Dr, Algonac, MI 48001
      View Details
    • Contact for pricing
      4,500 SF

      Grocery-Anchored Retail Center Space

      Retail space available in grocery-anchored center with national co-tenants.
      2600-2658 Pointe Tremble Rd, Algonac, MI 48001
      View Details
    • $14 SF/Yr
      12,970 SF

      Former CVS Retail Space Available

      12,970 SF retail space with drive-thru in Algonac, MI.
      1025 Saint Clair River Dr, Algonac, MI 48001
      View Details
    • $14 SF/Yr
      2,847 SF

      Retail Unit with Drive-Thru

      End cap retail unit with drive-thru available for rent.
      1027-1105 Saint Clair River Dr, Algonac, MI 48001
      View Details
    • $795,000
      11,067 SF

      Retail Property in Clay, MI

      Retail property available for lease in Clay, Michigan.
      6509 Dyke Rd, Clay, MI 48001
      View Details

    FAQs

    What type of property is this?
    Lifestyle center - High-visibility retail space available in Algonac, MI.
    Where is this lifestyle center located?
    The property is located at 417 Michigan St Algonac, MI.
    What is the lease rate?
    The lease rate is $12-$144 SF/Yr.
    What are key features of this property?
    This property features: 48,000 SF multi-tenant retail shopping center on a 3-acre lot in Algonac, MI.; 16,600 SF of vacant space available, divisible into units from 2,400 SF to 7,700 SF.; High-visibility location on M-29 (Michigan Street), a major thoroughfare connecting Chesterfield and Port Huron.
    Request Owner's contact information
    417 Michigan St Algonac, MI 48001
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    Algonac, MI 48001
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    417 Michigan St Algonac, MI 48001
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