248-351-2086
301 N 6th St, Saint Clair, MI for Sale
Schools - FOR SALE
1/6
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301 N 6th St
Saint Clair, MI 48079


HIGHLIGHTS

  • Redevelopment Opportunity: Potential for a community center and about 64 apartment units
  • Excellent location - Only a few blocks from the downtown riverfront
  • Great timing to redevelop along with many new development projects in St. Clair
  • Lots of value-add potential through redevelopment and lease-up of units

OVERVIEW

Landmark CRE is pleased to present for sale Former Riverview East High School (the "Property"), a ±76,366 SF mixed-use opportunity in St. Clair, Michigan. The Property is the site of a 3-story, plus a full-sized basement, former high school that is now in an excellent position to be redeveloped into a community center with apartment units. The space on the first floor allows for the community center to include a full gymnasium, auditorium, day care, yoga and cycle studios, and more. In addition to this, the multifamily aspect of the Property could include 14, 29, and 21 units on the first, second and third floors, respectively. The Property is in a prime location being a short walk to the downtown riverfront, retail, recreation, and community resources. St. Clair, Michigan is a city in St. Clair County and part of the Detroit-Warren-Dearborn MSA. St. Clair County is home to approximately 160,000 residents and ± 50 miles northeast of Detroit. St. Clair is home to Cargill Salt, who operate a large solution salt mine and evaporation center. Also within a few miles of the city, there are the St. Clair Power Plant and Belle River Power Plant, which are important industries for the city and surrounding area. The main industries in the city include manufacturing, energy generation & distribution, and warehouse, logistics, and distribution. Jerry Helmer Fisher Auction Company Inc. License: 6504064915

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Schools

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

C

YEAR BUILT

1921

SPRINKLERS

-

PARKING SPACES

132

LAND DETAILS

LAND ACRES

5.77 AC

LAND SF

251,341 SF

ZONING

R-1A

APN/PARCEL ID

07-049-0238-000

ASK ABOUT THIS PROPERTY

Max LippittLandmark Commercial RE ServicesMore Info
248-351-2086

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Max LippittLandmark Commercial RE ServicesMore Info
248-351-2086

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.