301 Summer Street
Algonac, MI, 48001 $ 425,000
Bedrooms-- Baths-- Sq 3,664 Monthly Estimate*
$ 2,617
for $425,000. This 3,664 square foot building was built on a lot size of 0.71.
A truly one-of-a-kind St. Clair River landmark with endless possibilities. Formerly a local bank, this iconic riverfront building offers nearly 3,700 sq ft of flexible commercial space plus a separate upstairs apartment, making it ideal for owner-occupants, investors, or creative entrepreneurs. Set directly along the international shipping channel of the St. Clair River, enjoy constant freighter traffic, panoramic water views, and unbeatable visibility. The property features ample on-site parking-a rare find for riverfront real estate-along with a separate outbuilding originally constructed for an ATM, perfect for storage, retail kiosk, drive-up service, or repurposing to suit your vision. Currently configured for banking and professional use, the layout easily adapts to a wide range of opportunities: Restaurant or waterfront café, Professional offices or medical, Boutique retail or gallery, Event space or private club, Mixed-use with income-producing apartment, Marine-oriented business, brokerage, or showroom Solid construction, excellent street presence, and a location that simply cannot be duplicated make this property a standout. Positioned in the heart of Algonac with direct river frontage, walkability, and unmatched exposure, this is a rare chance to own a legacy property on one of Michigan's most desirable waterways. Live upstairs. Operate downstairs. Invest long-term. Or reimagine it entirely. Opportunities like this on the St. Clair River don't come around often.
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FeaturesGeneralSewer PublicSewer
Heating Baseboard NaturalGas Zoned
Cooling CentralAir Zoned
Utilities NaturalGasConnected
Roof Shingle
Security Features SmokeDetectors
Construction Materials Brick
Year Built 9999
Property Subtype RealEstateOnly
Current Use Office
Business Type BarberBeauty Medical ProfessionalOffice Parking Recreation Retail
County StClair
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Subdivision Name ALGONAC URBAN RENEWAL REP 1
Garage Y/N N
Building Features Bath Fixtures HighSpeedInternetAvailable CeilingHeightLessthan16ft Intercom PrivateRestrooms LivingQuarters LivingQuartersAttached MeetingRooms PublicRestRooms ReceptionArea Restrooms
Status Active
City AlgonacCity_StClair
Senior Community Y/N N
High School District Algonac
Zoning Description Commercial
MLS Area Area10232Algonac
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 17417.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Building Area Units SquareFeet
Standard Status Active
Ownership Type LLC
Legal Description LOT 7 ALGONAC URBAN RENEWAL REPLAT NO 1 SEC 10 T2N R16E
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InteriorFlooring CeramicTile Concrete
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
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ExteriorParking Features Other
Lot Features WaterView
Water Source Public
Foundation Details Slab
Spa N
Building Area Total 3664.0
Lot Dimensions 237x141x235x141
Lot Size Acres 0.71
Waterfront Y/N N
Crops Included Y/N N
Road Responsibility PublicMaintainedRoad
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesList ByJeremiah GlowskiListing Agent
Berkshire Hathaway Homeservices Kee Realty NbBroker
Affordability Calculator
- Monthly Principal & Interest
- $2,617
- Monthly Property Taxes
- $1,451
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Algonac, MI
Average List Price $1,158,333
Percent of Sale Price 173%
About Algonac, MI 4,117 Population
-11% Since 2002
$ 46,599 Median Income
43.85 Median Age
20% Households with Children
Trends Information provided by ATTOM Data Solutions.
848359 Elementary School
848319 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 12/22/2025 | $425,000 | | Listed Price |