560 S WATER Street Marine City, MI ^$ 3,100,000

560 S WATER Street

^$ 3,100,000

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560 S WATER Street

Marine City, MI, 48039

^$ 3,100,000

Studio Baths0.0 Sq 16,914

Monthly Estimate*

^$ 21,654

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Studio

Commercial Property for sale in Marine City, MI

for $3,100,000. This 16,914 square foot building was built on a lot size of 0.73.

This riverfront hotel and restaurant in the heart of Marine City offers a prime location with captivating views along the St. Clair River. The hotel features 26 cozy rooms, including balcony options and adjoining accommodations. With infrastructure prepared for expansion, including sewer, water and power facilities, there's potential to add 24 additional rooms. Guests can unwind in the modern lounge rooms. Ample parking is available. The fully equipped restaurant downstairs is licensed for beer, wine, and liquor sales, offering a comfortable dining experience for guests. Marine City boasts historic appeal and waterfront attractions, making this property a promising investment opportunity for hospitality entrepreneurs. Schedule a viewing today to explore the potential of this riverfront gem.

Commercial Active

Price

^$ 3,100,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Commercial/Industrial

Lot Size

0.73

Town/City

Marine City

County/Region

Saint Clair

MLS | Web ID

60303981

Features

General

Heating Forced Air

Possession At Close

Water Public Water

Status Active Active

Year Built 20

Subdivision THE INN ON WATER STREET CONDOMINIUM ST CLAIR CONDO MI

Water Heater Gas

County St. Clair

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership Corporation

Municipality Marine City

Zoning Commercial

Area Marine City (74027)

Primary City Marine City

Directions Union/Bridge

City Marine City

Street Name WATER

Financial Terms Cash Conventional

Legal Description UNIT 1 CONSISTING OF - EXISTING BUILDING HOTEL ROOMS (1-5 FIRST FLOOR)

DOM 16

Postal Code 48039

Price Per Sq Ft 183.28

Coming Soon This riverfront hotel and restaurant in the heart of Marine City offers a prime location with captivating views along the St. Clair River. The hotel features 26 cozy rooms

Exterior

Exterior Brick Log

Frontage 120

Lot Size Area 0.73

Lot Dimensions 120X266.80

Roads Paved Street

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Thomas Dado

Listing Agent

Community Choice Realty Inc

Broker

thomas@thomasdado.com

Affordability Calculator

$21,654

Per Month

Monthly Principal & Interest: $21,654
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Marine City, MI

Average List Price ^$613,867

Percent of Sale Price 80%

About Marine City, MI

7,663 Population

-11% Since 2002

^$48,626 Median Income

43.52 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/30/2024	$3,100,000		Listed Price

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560 S WATER Street, Marine City, MI, 48039 is a Commercial Property for sale at $3,100,000 with 16,914 sqft and a lot size of 0.73. 560 S WATER Street is a studio with 0.0 baths. The property's zip code is 48039 which is in Marine City, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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560 S WATER Street

Commercial Property for sale in Marine City, MI

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