1025 St Clair Riv Dr Algonac, MI 48001
- Retail properties
- 12,977 SF
- 1.48 lot acres
Current Use by Public Records
- Retail properties
Property Details for 1025 St Clair Riv Dr
- Year built
- 2006
- Lot size
- 1.48 lot acres
- Property size
- 12,977 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Algonac
- County
- St. Clair
- State
- Michigan
- Longitude
- -82.5317
- Latitude
- 42.618
