Listed by Community Choice Realty
$1,600,000
201 N Riverside Avenue B 7
Details
APN Condominium
Property Type Mixed Use, Retail
Sub Type Restaurant, Storefront
Square Footage 11,923
NOI $115,000
Year Built 1974
Acreage 6.580
Mixed Use | 11,923 SqFt
Marketing description
Fully occupied 4-unit 11,923 sf commercial building positioned directly along the beautiful Saint Clair River. This property features well-established tenants including Subway, The Anchor Pointe Bistro & Bar, The Anchor Pointe Banquet Hall, and Soaring Dreams Gift Shop.
Located within a condominium plaza anchored by several national retailers, the site benefits from consistent visibility and heavy foot traffic.
Low HOA fees cover major components such as roof and foundation maintenance, CAM, snow removal, and landscaping offering investors stable, low-overhead ownership.
Sale includes real estate only.
Please do not approach tenants or their employees.
Listing Contacts
Listed by Community Choice Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$115,000.00
$9,583.33/mo
Valuation Metrics
0
DSCR
7.19%
Cap Rate
7.19%
ROI
Map
Zoning
DRD-R SpecialRiverside District
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View all 39 uses
View all 39 uses Last updated May 6, 2026 For deeper zoning details, reports are available at Zoneomics
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