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    OFF-MARKET
    Retail properties & Spaces

    1025 St Clair Riv Dr, Algonac, MI 48001

    12,977 SF 1.48 ac lot Built 2006
    Property ID
    Property summary
    AI-generated overview

    This exceptional 12,977-square-foot freestanding retail building presents a unique investment opportunity in Algonac, Michigan. Situated on a 1.475-acre lot, this single-tenant property boasts a prime location on St. Clair River Drive (M-29), the city's main thoroughfare. Built in 2006, the building offers ample parking with 64 designated spaces and a convenient double-lane drive-thru. The property is zoned CBD (Central Business District) and benefits from high visibility and accessibility. Its proximity to the Walpole-Algonac Ferry, providing easy access to Canada, and its location just 25 miles from the Blue Water Bridge, one of the busiest US-Canada crossings, significantly enhances its strategic value. The entire 12,977 square feet is currently vacant, offering flexibility for a wide range of retail uses. This property is an ideal choice for businesses seeking a high-traffic location with excellent visibility and convenient access to both domestic and international markets. The substantial lot size also allows for potential expansion or redevelopment opportunities.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 2006
    Total area 12,977 SF
    Lot 1.48 ac (64,251 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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