2,200 sqft

$289,000

256 S Water Street, Update MI, 48039-1832

Price per sqft$131.36

Built in1940

Property size2,200 sqft

Property typeCommercial

Overview

Active

Listed Oct 30, 2026

Updated 18h ago

Rare mixed-use investment (with Vacation Rental) on Water Street in downtown Marine City with direct, unobstructed river views across from Lighthouse Park. This corner-lot building offers three income streams: a front retail storefront (tenant leased through 8/2027), a fully furnished professional office suite with reception area, private office, workstation, full kitchen, ADA restroom and rear storage, and an upper-level 3 bedroom vacation rental with strong occupancy. A large two-car detached garage adds rental income or storage. Public water and sewer, natural gas, and high-speed internet; remodeled in 2019. Walkable to shops, restaurants, parks and the riverfront in a busy tourist district. Cash, conventional, or land contract terms available.

Additional information

MLS^® ID: 70567657

Interior Features

Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.28 Acres

Other Property Details

Taxes: $4,000
Tax Frequency: Annually
View: Yes
Municipality: Marine City
Furnished: Yes

Listed by Julie Fagan with eXp Realty, LLC
Listing Contact: 810-650-1232

Based on information originating from the MiRealSource as of 11/4/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 11/4/2026 at 5:34 PM UTC