Rare investment opportunity offering approximately 0.98 acres of riverfront property with exceptional visibility directly adjacent to I-75. The property features existing block buildings, five existing boat docks, and a billboard structure, providing multiple potential avenues for future income. While the property is currently non-income producing and neither the docks nor billboard are leased, there is significant upside for an investor or owner-user. The waterfront offers the potential to accommodate approximately 18-20 total boat docks, creating an opportunity for expanded seasonal dockage and rental income. The existing billboard presents an additional potential revenue stream for a future lease, subject to applicable regulations and approvals. With nearly an acre of river frontage, immediate interstate exposure, existing improvements, and multiple potential income sources, this is a unique opportunity to acquire a versatile waterfront property with considerable investment potential
| MLS # | 50217809 |
|---|---|
| Listing Type | For Sale |
| Style | Commercial |
| Sub-Type | Resale |
| Status | Active |
| Year | 1965 |
| Days On Site | 33 |
| Listing Provided By | Coldwell Banker Haynes Real Estate Commercial | Cole McNew |
| SQ Feet | 900 |
|---|---|
| Zoning | Non-Conforming,Commercial |
| Acreage | 0.98 |
| Water Front | Yes |
| Property View | Water |
| Cooling Yes / No | Yes |
|---|---|
| Cooling | Wall/Window Unit(s) |
| Heating Yes / No | No |
| Heating | None |
| Roof | Shingle |
|---|---|
| Security Features | Security Equipment |
| Construction Materials | Block |
| Foundation Details | Slab |
| Parking Features | 6-10 Spaces, On Site, Parking Lot |
|---|
| List Aor | Southeastern Border Association of REALTORS |
|---|
| Property | 3325 |
|---|
| State | MI |
|---|---|
| County | Monroe |
| City | Monroe |
| Zip Code | 48161 |
| Area | Monroe (58026) |
| Listing VS Median (in 48161) | |
Price: $399,900 low | high Med: $222,400 sqft: 900 low | high Med: 3,550 $ / sqft: $444 low | high Med: $133 On site: 33 low | high Med: 199.5 | |
| State | MI |
|---|---|
| County | Monroe |
| City | Monroe |
| Zip Code | 48161 |
| Area | Monroe (58026) |
| Listing VS Median (in 48161) | |
Price: $399,900 low | high Med: $222,400 sqft: 900 low | high Med: 3,550 $ / sqft: $444 low | high Med: $133 On site: 33 low | high Med: 199.5 | |