1204 S Riverside Avenue Saint Clair, MI 48079

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$620,000

Market Estimate

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6,210 sq. ft.
0.42 Acres
Commercial
MLS# 50142847

1204 S Riverside Avenue, Saint Clair, MI 48079

Listing provided courtesy of: St. Clair Realty - 810-329-7100

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Property Details

Description

COMPLETELY RENOVATED, MULTIPURPOSE COMMERCIAL/RESIDENTIAL BUILDING! GREAT INVESTMENT OPPORTUNITY to run your own business, AND...have income from an exquisite vacation rental on the second floor; OR make this gorgeous 3 bedroom, 2 full bath, open concept residence your own home! The sale includes two parcels: the additional property is 1202 S. Riverside Ave., adjacent to the north (Property ID: 74-07-091-0049-00). The sale also includes the purchase of South Riverside Storage, the business that occupies the entire first floor of the main building. This business has 13 temperature controlled storage units, with an office space, as well as a 3 fixtured bathroom. PLUS, the property features a separate 4 bay work/storage garage, also currently generating rental income! So much potential here, it really must be seen to truly realize and appreciate! Oh, and did we mention the views of the St. Clair River, and that it's just walking distance to downtown St. Clair!

General Features
- Acreage 0.42
- Area Municipality St Clair (74025)
- County St. Clair
- Originating MLS MiRealSource
- Ownership LLC
- Total SqFt Finished 6210
- Waterfront Y/N No
- Year Built 1930
Building Features
- Cooling System Central A/C
- Exterior Construction Block, Metal
- Foundation Type Slab
- Heating System Forced Air
- FUEL TYPE Natural Gas
Property Features
- Water Public Water
- PARKING 6-10 Spaces
- Lot Size 130 x 150
- Sewer Septic Public Sanitary

Neighborhood

48079 (Saint Clair) Demographics

44 Median Age

285 Population Density (per sq. mile)

37% College Educated

$82,790 Estimated Median Income

4,071 Estimated Total Home Owners

732 Estimated Total Renters

85% / 15% Estimated Owner / Renter Divide

3 Estimated Average Household Size

12,291 Total Population

Community data courtesy of LiveBy, Inc.

Market Last 30 Days In This Postal Code

$262,500 Median Sales Price

16 Homes Sold

12 New On Market

Average Days on Site

Properties for Sale

Calculations provided by Reliance Network

Property History

Date	Event	Price	Percent Change
--	Current Price Source: Multiple Listing Service	New Value: $620,000
8/16/2024 6:53:53 PM	Price Reduced Source: Multiple Listing Service	New Value: $620,000	-1.57%
6/22/2024 7:20:46 AM	Price Reduced Source: Multiple Listing Service	New Value: $629,900	-3.08%
5/22/2024 1:22:00 PM	New in Database Source: Multiple Listing Service	New Value: $649,900

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* This payment calculator is intended for educational and planning purposes only.
** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

Information is provided in part by the IDX program of the Great Lakes Repository. All information provided is deemed reliable but is not guaranteed and should be independently verified.

Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.