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    9698 River St Clay, MI 48001
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    9698 River St Clay, MI 48001


    • Industrial properties
    • 2,100 SF
    • 4.70 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
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    Current Use by Public Records

    • Industrial properties

    Property Details for 9698 River St

    Lot size
    4.70 lot acres
    Property size
    2,100 SF
    Property type
    Industrial properties

    Description

    This unique 4.7-acre industrial property in Clay, Michigan, presents a compelling investment opportunity. The site boasts a diverse range of income-generating assets, including twelve full hook-up camper sites, each equipped with separate water meters and electricity. These sites are nearly fully rented, providing immediate cash flow. The property also includes three residential units: two one-bedroom homes (one potentially convertible to two bedrooms), and a three-bedroom rental home featuring central air and recent remodeling. A substantial 40x60 pole barn with a finished upper level adds significant versatility. This building is equipped with central air, gas forced air heating, water, electricity, a cement floor, and a half-bath. Further enhancing the property's utility are a public restroom building with laundry hookups, a shed, and a separate storage building. The main residence offers three bedrooms, one and a half bathrooms, a family room, a den, granite countertops, laminate flooring on the main level, included appliances, and central air conditioning. Exterior access stairs lead to an upper-level bedroom. A key feature is the property's prime riverfront location on the North Channel, offering stunning views of passing freighters thanks to an existing seawall. The property's rear abuts the Rail to Trails bike path, and Algonac State Park is conveniently nearby. The property includes three separate parcel IDs: 14-487-022-000, 14-487-023-000, and 14-487-024-000. The total square footage is approximately 2,100 square feet. Potential buyers are responsible for verifying all square footage, information, dimensions, and environmental factors as deemed necessary.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Clay
    County
    St. Clair
    State
    Michigan
    Longitude
    -82.5154
    Latitude
    42.639
    More about this property
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