Search
Riverside Retail Condominium Building
For Sale
$1,525,000

B-7-201 N Riverside Ave, Saint Clair, MI 48079

Fully occupied 4-unit retail building along the Saint Clair River with monthly rental income of $16,000.

Property Size11,923 SF
Price / SF$127.90
Days on Market63

Property Features for B-7-201 N Riverside Ave

General Information

Standard status Active
Size 11,923 SF
Occupancy 100%

Taxes and HOA fees

Annual Taxes $18,535

Building Details

Tenancy Multi
Listing Agency: Community Choice Realty Inc
Listed By: Fadi Akkam · License #423330
Source: Exprealty
Added: Jul 6 Changed: Aug 31 Last Checked: Sep 5 at 11:37AM

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 Community Choice Realty Inc

Investment Insights

Based on property information with market context.

This for-sale, fully occupied 4-unit commercial building includes 11,923 square feet and is positioned directly along the Saint Clair River. The property is currently leased to established tenants including Subway, The Anchor Pointe Bistro & Bar, The Anchor Pointe Banquet Hall, and Soaring Dreams Gift Shop.

The building is located within a condominium plaza anchored by several national retailers, which supports visibility and heavy foot traffic at the site. Low HOA fees cover major components including roof and foundation maintenance, CAM, snow removal, and landscaping, which may help limit day-to-day operating overhead.

Sale includes the real estate only, and brokers request that prospective buyers do not approach tenants or their employees.

Key Highlights

  • Fully occupied 4‑unit retail building along the Saint Clair River (11,923 SF) with $16,000/month rental income
  • Tenants include Subway, The Anchor Pointe Bistro & Bar, The Anchor Pointe Banquet Hall, and Soaring Dreams Gift Shop
  • Located in a condominium plaza anchored by several national retailers for consistent activity

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Building Supply Auto Repair Shop Auto Parts Store Big Box & Wholesale Store Law Firm Dental Office

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

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

384
Businesses Nearby
48k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 50% Shops & Services 43% Beauty & Spa 7%
Dollar Tree Shops & Services
11,636 visits/mo 0.2 miles
Tim Hortons Dining
11,539 visits/mo 0.2 miles
Burger King Dining
8,424 visits/mo 0.2 miles
BP Shops & Services
4,709 visits/mo 0.1 miles
Great Clips Beauty & Spa
3,333 visits/mo 0.3 miles

Demographics for 48079, MI

12,553
Population
5,403
Households
2.3
Avg Household Size
45
Median Age
25%
College-Educated
95%
High-School Grad
41.9 sq mi
ZIP Area
300
Density / Sq Mi
$80,313
Median Household Income
$46,643
Median Earnings
$1,090
Median Rent
$276,600
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Riverview Plaza 201 N Riverside Ave, St Clair, MI 48079
  • WAR WATER CENTRE 201 N Riverside Ave BLOCK C, St Clair, MI 48079

Frequently Asked Questions

What type of property is this?
Shopping center - Fully occupied 4-unit retail building along the Saint Clair River with monthly rental income of $16,000.
Where is this shopping center located?
The property is located at B-7-201 N Riverside Ave Saint Clair, MI.
What is the asking price?
The asking price for this property is $1,525,000.
What are key features of this property?
This property features: Fully occupied 4‑unit retail building along the Saint Clair River (11,923 SF) with $16,000/month rental income; Tenants include Subway, The Anchor Pointe Bistro & Bar, The Anchor Pointe Banquet Hall, and Soaring Dreams Gift Shop; Located in a condominium plaza anchored by several national retailers for consistent activity
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message