Property profile

4586 Water St Columbiaville, MI 48421

FOR SALE
Other commercial real estate
Property ID
US43-4371462
2,250 SF 0.46 ac lot
Individually Owned 6-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

The property consists of three waterfront lots sold together, located in Columbiaville at the confluence of the Holloway Reservoir and the Flint River. The combined site covers 0.88 acres and is positioned at the trailhead of the Southern Links Trailway, providing waterfront frontage. A 2,250-square-foot building on the property is configured for food service, with indoor seating, an outdoor patio, and a fully equipped commercial kitchen; the property has historically operated as a family-owned restaurant, and the commercial equipment is associated with the existing setup. Building improvements include a replaced flat roof installed in January 2025, steel siding added in 2023, a brick front added in 2023, and new flooring installed in 2019, along with commercial on-demand water heating, an ice machine, and a dishwasher. The property is zoned commercial.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 2,250 SF
Lot 0.46 ac (20,038 SF)
APN 043-352-010-00
UPID US43-4371462

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4586 Water St Columbiaville, MI 48421
Columbiaville metro Census 331500 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$110k

Owner & transaction history

since 2020
5 recorded transactions
2020
Price N/A
2019
$85,000
2019
$60,000
2007
$85,000
2007
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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