$175,900
$195,900
10.2%For more information regarding the value of a property, please contact us for a free consultation.
550 SqFt
SOLD DATE : 06/17/2019
Key Details
Sold Price $175,900
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 550 sqft
Price per Sqft $319
Subdivision Village Of Algonac
MLS Listing ID 58031376632
Sold Date 06/17/19
Originating Board MiRealSource
Year Built 1962
Annual Tax Amount $1,717
Lot Size 0.360 Acres
Acres 0.36
Lot Dimensions 58 X 260
Property Description
LOCATION LOCATION LOCATION...AN OPPORTUNITY LIKE THIS ONLY COMES ONCE, SO DON'T PASS IT UP. Prime piece of commercial property located across the street from the St. Clair River. Amazing views of the St. Clair River, and a gorgeous City park to enjoy while strolling the boardwalk.Previous business was a thriving motel located in the heart of Algonac with constant drive by traffic. Cottage is currently being rented. The business possibilities are endless of what you could build on this prime piece of commercial property. Exposure to your business with the drive by traffic is like no other opportunity available in the quaint town of Algonac. There is currently a small cottage on the property that was just rented out all Summer for $850.00 per month, it could be kept, or tore down to expand the potential of what you could build. You could build a new motel 3 stories high max. or a quaint B & B. Honestly the sky is the limit, Let your imagination soar with ideas.
Location
State MI
County St. Clair
Area Algonac
Zoning Commercial
Interior
Hot Water Electric
Heating Wall/Floor Furnace
Heat Source Natural Gas
Exterior
Pool No
Utilities Available Cable TV, Employee Lunch/Lounge
Roof Type Asphalt
Road Frontage Paved
Building
Foundation Slab
Sewer Sewer-Sanitary
Water Municipal Water
Structure Type Vinyl
Others
Tax ID 74011050373000
SqFt Source Measured
Acceptable Financing Cash, Conventional, Land Contract, Other
Listing Terms Cash, Conventional, Land Contract, Other
Financing Cash,Conventional,Land Contract,Other
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