147 S Water St
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147 S Water St
2,563 SF Retail Building Marine City, MI 48039 $397,500 ($155/SF)
Investment Highlights
- Very busy downtown area, located one block from the beach!
- Perfect spot and equipped for a little restaurant!!
Executive Summary
Perfect little retail shop or restaurant right in the heart of Downtown Marine City!! Located right on the St. Clair River with absolutely beautiful views!! Watch the freighters go by all day long!! Upstairs is a cute 1 bed/1 bath apartment with amazing views as well! Balcony off of the top level apartment to sit out and enjoy your morning coffee or glass of wine!! Marine City is a booming little town with great retail shops and restaurants bringing in a lot of tourists!! Its currently being used as a retail shop but before that, was a very successful restaurant!! Perfect time and perfect spot to get something started!!
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
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-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
2,563 SF
Building Class
C
Year Built
1924
Price
$397,500
Price Per SF
$155
Tenancy
Single
Building Height
2 Stories
Building FAR
0.18
Lot Size
0.32 AC
Zoning
Commercial - Commercial-Improved
Parking
14 Spaces (5.46 Spaces per 1,000 SF Leased)
Frontage
58 FT on S Water St
Amenities
- Signage
- Tenant Controlled HVAC
- Waterfront
- Storage Space
- Air Conditioning
- Balcony
- Smoke Detector
Walk Score®
Very Walkable (71)
PROPERTY TAXES
| Parcel Number | 02-475-0264-000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $82,500 |
PROPERTY TAXES
Parcel Number
02-475-0264-000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$82,500
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147 S Water St
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