Port Huron, MI 48060,937 OAK Street
Port Huron, MI 48060,937 OAK Street
Port Huron, MI 48060,937 OAK Street
Port Huron, MI 48060,937 OAK Street
Port Huron, MI 48060,937 OAK Street
Port Huron, MI 48060,937 OAK Street
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SimpliHŌM - Making Real Estate Simple

SimpliHŌM - Making Real Estate Simple

+1(855) 856-9466
$ 990,000
Est. payment | /mo

2,184 SqFt


Save
$ 990,000
Est. payment | /mo
Save

2,184 SqFt

Key Details

Property Type Commercial

Sub Type Business And Real Estate

Listing Status Active

Purchase Type For Sale

Square Footage 2,184 sqft

Price per Sqft $453

Subdivision White Plat

MLS Listing ID 20240060942

Originating Board Realcomp II Ltd

Year Built 1973

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

Zoning Commercial,Multi-Family

Direction 10th/Oak

Interior

Hot Water Natural Gas

Heating Forced Air

Heat Source Natural Gas

Exterior

Pool No

Waterfront no

Road Frontage Paved

Building

Foundation Slab

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Level or Stories 1 Story

Structure Type Block/Concrete/Masonry

Schools

School District Port Huron

Others

Tax ID 74067430131000

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Full Service

Realcomp MLS
Listed by Community Choice Realty Inc
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937 OAK Street