Riverside Building 106 W Saint Marys St

Investment Highlights

Fantastic location with water views Potential for multiple units residential. Steady pedestrian traffic from National Park Service

Executive Summary

A remarkable investment opportunity on the waterfront in historic downtown St. Marys. Rarely do such properties come onto the market. These are two buildings, both fronting the St. Marys River with direct water views. One of the buildings houses the Riverside Cafe. A local landmark for 20 years, this restaurant specializes in Greek-American cuisine with a loyal following. 100 person seating capacity, Beer/Wine, Large outside patio on the riverfront, private dining for functions, upgraded kitchen facilities, 50,000 cover count on a 5 day work week. The restaurant business conveys with the sale. Potential for this site is amazing with the ability to do a first floor incorporating the current restaurant as well as retail and professional. From there, residential opportunities are possible with 2+ floors depending on design. City zoning allows for a 45' height measured from base flood plain. Bring your design and see the possibilities this property offers, call today for your private tour.

• Sale Type    Owner User
• Sale Conditions    Build to Suit Build to Suit Redevelopment Project Build to Suit
• Property Type    Retail
• Property Subtype    Restaurant Restaurant Office Medical Office Office Live Work Unit Office Industrial Live Work Unit Restaurant
• Building Size    5,782
• Building Class    C
• Year Built    1996
• Price    3,700,000
• Price Per SF    640
• Tenancy    Multiple
• Building Height    2 Stories
• Building FAR    0.47
• Land Acres    0.28 AC

• Raised Floor
• Restaurant