1025 St Clair Riv Dr Algonac, MI 48001
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.