- 2,200
- sqft
- 1940
- year built
- Status:
- Active
- MLS #:
- 70567657
- County:
- St. Clair
- Listed By:
- Julie Fagan - eXp Realty, LLC
- Agent Phone:
- (810) 650-1232
- Agent Email:
- julie.fagan@exprealty.com
Sponsoring Broker: Shawna Alt, First Weber
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.
Highlights
- Commercial Sale
- Built in 1940
- 0.28 Acre Lot
- 12 days on Market
-
- Year Built
- 1940
-
- Construction Materials
- Wood Siding, Frame, Aluminum Siding, Block
-
- Heating
- Forced Air, Natural Gas
-
- Acres
- 0.28
-
- Water Front Features
- Lake, River Front
-
- View
- Water
-
- Utilities
- Natural Gas Available
-
- Area
- UPDATE
-
- County
- St. Clair
-
- City
- Update
-
- Zip Code
- 48039
-
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Estimated Value
$267,879
Estimated Sales Price Range:
$187,515 - $348,242
Source: Constellation Data Labs
Price History
| 06/03/2022 | Sold | $225,000 |
| Source: Realcomp #58050064294 | ||
| Price Changed | $320,000 | |
| Source: Realcomp #58050064294 | ||
| Listed | $340,000 | |
| Source: Realcomp #58050064294 | ||
| 10/29/2026 | Listed | $289,000 |
| Source: Southwestern Michigan Association of REALTORS #26058012 | ||
| 10/29/2026 | Listed | $289,000 |
| Source: MiRealSource #70567657 | ||
| 12/15/2025 | Off Market | — |
| Source: Southwestern Michigan Association of REALTORS #26057827 | ||
| 01/18/2022 | Off Market | — |
| Source: Realcomp #58050064294 | ||
| 01/17/2022 | Off Market | — |
| Source: MiRealSource #50064294 | ||
| 06/03/2022 | Sold | $225,000 |
| Source: MiRealSource #50064294 | ||
| 06/29/2022 | Price Changed | $320,000 |
| Source: MiRealSource #50064294 | ||
| 01/17/2022 | Listed | $340,000 |
| Source: MiRealSource #50064294 | ||
Source: MLS Data
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There are currently 0 properties available in Update, with 0 under contract to close soon. Properties in the city have an average sale price of $0 and typically spend 0 days on the market before being sold.
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Source: ez Home Search, MLS Data
Frequently Asked Questions
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How do I get more information about 256 S Water St?
Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $289,000. We can talk through recent upgrades, potential seller motivation, how this commercial sale compares to others in Update, and can even get you in to see the property quickly.
How much is the monthly mortgage payment for 256 S Water St?
With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 256 S Water St at around $1,978. This includes estimated property taxes and insurance.
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Can I negotiate the asking price for 256 S Water St?
In most cases, yes. Whether 256 S Water St is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Update's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
How do I make an offer on 256 S Water St?
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What is the price per square foot for this home?
This home is listed at $289,000 with 2,200 sqft of space—that comes out to approximately $131 per square foot.
How long has this property been on the market?
256 S Water St was listed on October 29, 2026, which means it's been on the market for 12 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
When was this house built?
This home was built in 1940, making it approximately 86 years old.
What is the lot size of this property?
256 S Water St sits on a 0.28-acre lot, which is 12,197 square feet.
What are the property taxes for 256 S Water St?
The most recent public record shows annual property taxes for 256 S Water St were approximately $4,000. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.
Is 256 S Water St still available for sale?
Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.
Source: ez Home Search, MLS Data
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