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447 S Water St 3,180 SF 100% Leased Office Building Marine City, MI 48039 $639,000 ($200.94/SF)
Executive Summary
This waterfront, versatile two-story building offers a prime location on the St. Clair River in charming downtown Marine City. The main level features professional office space, ideal for a small business, medical practice, or service provider. With an efficient floor plan and flexible layout, it can be adapted to a variety of uses.
The upper level is a private 1-bedroom, 1-bath apartment, perfect for an owner-occupant or as an additional rental income opportunity. The apartment includes a comfortable living area, full kitchen, and convenient access from a separate entrance. Beautiful waterfront views of the St. Clair River. Opportunity to expand as well.
Situated in a walkable area near shops, dining, and waterfront amenities, this property combines business potential with residential comfort in one building.
Main level consists of 1,958 sf more or less - current configuration a professional office / medical.
Upper level consists of 1,150 sf more or less - current configuration a 1 bedroom / 1 bath apartment.
The upper level is a private 1-bedroom, 1-bath apartment, perfect for an owner-occupant or as an additional rental income opportunity. The apartment includes a comfortable living area, full kitchen, and convenient access from a separate entrance. Beautiful waterfront views of the St. Clair River. Opportunity to expand as well.
Situated in a walkable area near shops, dining, and waterfront amenities, this property combines business potential with residential comfort in one building.
Main level consists of 1,958 sf more or less - current configuration a professional office / medical.
Upper level consists of 1,150 sf more or less - current configuration a 1 bedroom / 1 bath apartment.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
3,180 SF
Building Class
C
Year Built
1954
Price
$639,000
Price Per SF
$200.94
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,958 SF
Building FAR
0.29
Lot Size
0.25 AC
Parking
2 Spaces (0.63 Spaces per 1,000 SF Leased)
1 1
Walk Score®
Very Walkable (72)
Property Taxes
| Parcel Number | 02-475-0253-000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $140,600 |
Property Taxes
Parcel Number
02-475-0253-000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$140,600
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447 S Water St
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