256 S Water ST, Marine City, MI 48039
256 S Water ST, Marine City, MI 48039
256 S Water ST, Marine City, MI 48039
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$289,000
Est. payment /mo
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3 Baths
2,200 SqFt
New

256 S Water ST Marine City, MI 48039

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Key Details

Property Type Commercial

Sub Type BusinessandRealEstate

Listing Status Active

Purchase Type For Sale

Square Footage 2,200 sqft

Price per Sqft $131

MLS Listing ID 81026058012

Year Built 1940

Lot Size 0.280 Acres

Acres 0.28

Property Sub-Type BusinessandRealEstate

Property Description

Rare mixed-use investment (with Vacation Rental) on Water Street in downtown Marine City with direct, unobstructed river views across from Lighthouse Park. This corner-lot building offers three income streams: a front retail storefront (tenant leased through 8/2027), a fully furnished professional office suite with reception area, private office, workstation, full kitchen, ADA restroom and rear storage, and an upper-level 3 bedroom vacation rental with strong occupancy. A large two-car detached garage adds rental income or storage. Public water and sewer, natural gas, and high-speed internet; remodeled in 2019. Walkable to shops, restaurants, parks and the riverfront in a busy tourist district. Cash, conventional, or land contract terms available.This property is tenant occupied. Do not enter. Showings will be scheduled upon receipt of offer and proof of funds. We have move-in inspections with detailed pictures and detailed information available upon request to see the condition of the property. Interior visit will be available during due diligence. Financing terms: Cash, Conventional Mortgage, or Land Contract with 10% down ($28,900), 8% interest, payments of $2,000 per month, with a balloon payment of the remaining balance due at the end of 5 or 10 years. The property also includes a large two-car detached garage.

Location

State MI

County St. Clair

Area Area10222Marinecity

Rooms

Basement Full

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace No

Exterior

Parking Features Gravel

Utilities Available CableConnected, ElectricityConnected, NaturalGasConnected

Waterfront Description AllSportsLake, PublicLake, RiverFront

View Y/N Yes

View Water

Roof Type Composition

Building

Foundation Basement, Block

Sewer Public Sewer

Water Public

New Construction No

Schools

School District East China

Others

Ownership LLC

Acceptable Financing Cash, Contract, Conventional

Listing Terms Cash, Contract, Conventional

Special Listing Condition AgentOwned


Realcomp MLS
Listed by Julie Fagan of eXp Realty, LLC

NEARBY SCHOOL & BUSINESS

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Jon Tukaj

Jon Tukaj

Agent License ID: 6501445288

+1(248) 579-7982

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256 S Water ST