$990,000 for Sale

937 oak street, port huron, MI 48060

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 & win
General Information
Sale Price: $990,000
Price/SqFt: $453
Status: Active
MLS#: 20240060942
City: port huron
Post Office: port huron
Schools: port huron
County: St. Clair
Acres: 0.16
Lot Dimensions: 55.00 x 124.00
Size: 2,184 sq.ft.
Acreage: 0.16 est.
Year Built: 1973
Property Type: Commercial
Style:
Tax, Fees & Legal
Est. Summer Taxes:  $4,169
Est. Winter Taxes:  $286
Map


IDX provided courtesy of Realcomp II Ltd. via American Associates, Inc. REALTORS and Realcomp II Ltd., ©2024 Realcomp II Ltd. Shareholders Listing By: Thomas Dado of Community Choice Realty Inc, Phone: (248) 729-0011
(810) 252-9467 Call Cathie Plummer for more information about this property.

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Listings Presented by:
Cathie Plummer
Call:
(810) 252-9467