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Property profile & analytics
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 retail storefront opportunity presents 12,977 square feet of vacant space situated on a 1.475-acre lot in Algonac, Michigan. The property, built in 2006, is zoned CBD (Central Business District) and boasts a highly desirable location on St. Clair River Drive (Michigan SR 29), the city's main thoroughfare. The building features a double-lane drive-thru and ample parking with 64 designated spaces. Its strategic placement offers unparalleled convenience, being just a minute's walk from the Walpole-Algonac Ferry, providing easy access across the Saint Clair River to Canada. Furthermore, its proximity to the Blue Water Bridge, a major US-Canada crossing point located only 25 miles away, presents significant potential for attracting a diverse customer base. The asking price is $2,600,000, translating to $200.35 per square foot. This fee-simple ownership presents a unique chance to acquire a substantial retail property in a vibrant location with excellent access and high visibility. The property is currently vacant, allowing for immediate occupancy and customization to suit a wide range of retail businesses.

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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