$990,000
937 OAK Street Port Huron, MI 48060 5856
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$990,000
Est. payment /mo
2,184 SqFt
Active
937 OAK Street Port Huron, MI 48060 5856
UPDATED:
08/22/2024 04:11 PM
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 2,184 sqft
Price per Sqft $453
Subdivision Mi
MLS Listing ID 60333221
Annual Tax Amount $4,455
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions 55.00 x 124.00
Property Description
Seize this rare opportunity to own a well-established business in a prime location! This package includes a thriving party store, and multiple rental properties, making it a versatile investment. Development and Gas station plans have been approved! So much potential!! Beer & Wine & Hot Foods store: A staple in the community for decades, this liquor store has a loyal customer base and is positioned for continued success. Rental Properties: - Tri-plex: Three studio apartments that provide steady rental income. - Two Single-Family Homes: Each home adds to the overall rental revenue. - Storage Building with Studio Apartment: Additional studio apartment enhances the rental portfolio. Current rental rates are strong, with potential for increased revenue based on standard market rents in the area. Future Development Potential: An approved development plan is in place to remove the existing homes and build a gas station, offering excellent growth and diversification opportunities. Additionally, there is an option to purchase the neighboring auto shop, further expanding the business possibilities. Auto shop will be needed to build gas station. Prime Location: The property is ideally situated near great complementary businesses, fire stations, schools, and parks. This strategic location ensures a steady stream of customers and tenants, enhancing the overall appeal and potential of the investment. Don’t miss out on this exceptional investment opportunity combining a beer & wine & hot foods store, diverse rental properties, and significant future development potential. Contact us today to learn more and schedule a viewing.
Location
State MI
County St. Clair
Area Port Huron (74022)
Zoning Multi-Family,Commercial
Interior
Heating Forced Air
Exterior
Waterfront No
Building
Foundation Slab
Water Public Water
Structure Type Block
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Community Choice Realty Inc
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