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    OFF-MARKET
    Lifestyle centers

    417 Michigan St, Algonac, MI 48001

    48,000 SF
    Property ID
    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Lifestyle centers
    Total area 48,000 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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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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