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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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201 N Riverside Ave , St. Clair, MI 48079
$1,524,999
Est. Payment: $3,388.89/mo
0 Bed
0 Bath
11923 Sqft
Status: Active | Days on site: 73
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338645 - 423330
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

Fully occupied 4-unit 11,923 sf commercial building positioned directly along the beautiful Saint Clair River. Monthly rental income equals $16,000 a month. This property features well-established tenants including Subway, The Anchor Pointe Bistro & Bar, The Anchor Pointe Banquet Hall, and Soaring Dreams Gift Shop.Located within a condominium plaza anchored by several national retailers, the site benefits from consistent visibility and heavy foot traffic.Low HOA fees cover major components such as roof and foundation maintenance, CAM, snow removal, and landscaping offering investors stable, low-overhead ownership.Sale includes real estate only.Please do not approach tenants or their employees. Tap Bistro and Banquet hall are also available for purchase for an additional price.
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Highlights

Listed by Fadi Akkam , 586-822-9717 Community Choice Realty Inc , 248-729-0011.

Property Type

Commercial Sale
Lot/Acreage
6.58

Year Built

1974

County

St. Clair

 Neighborhood

St. Clair City

 School District

East China

Listing ID

20261051175

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:
Water:Public

Exterior Features
Principal Interest
$3,389
Taxes
$1,545

Home Price

$1,524,999

Loan Details

30 yrs
%

Down Payment

20%
$305,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,388.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,388.89 $1,544.58 $0.00 $4,933.47
Yearly $40,666.64 $18,535.00 $0.00 $59,201.64
Total $1,219,999.20 $556,050.00 $0.00 $1,776,049.20

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (St. Clair, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.