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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$990,000
Est. payment /mo
2,184 SqFt
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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 2,184 sqft

Price per Sqft $453

MLS Listing ID 20240060942

Year Built 1973

Annual Tax Amount $4,455

Lot Size 6,969 Sqft

Acres 0.16

Lot Dimensions 55.00 x 124.00

Source Realcomp

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 St. Clair County - 90

Zoning Commercial,Multi-Family

Direction 10th/Oak

Interior

Heating Forced Air

Exterior

View Y/N No

Building

Foundation Slab

Sewer Public

Water Public

Schools

School District Port Huron

Others

Tax ID 74067430131000


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Listed by Community Choice Realty Inc

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agent

Nick Schweihofer

+1(616) 566-4619

Team Leader, Broker | License ID: 6506047709

Team Leader, Broker License ID: 6506047709

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  • Nick did an awesome job in helping us find and purchase our condo. He listened to our wants and identified options and in the end we found a good fit for our needs for a vacation home Since we are far from Holland Nick set up a couple video tours to reduce travel. Thanks Nick for all the hard work and insight. We are very excited about our new home!
    Gordon L
  • Nick was awesome to work with! I just went through the process of purchasing my first home and Nick couldn’t have made it any easier. He is super knowledgeable about the industry and the area. He answered all my questions and made sure to point out things I may not be thinking of since it was my first time going through the process. He was attentive, super responsive, easy to talk to, and truly cares about finding his clients a home they’ll love! I’m looking forward to working with him again in the future and would definitely recommend him as an agent!
    Emily Rzeszutko
  • Nick was amazing to work with! This was my first time buying a house. Nick was very patient and took the time to walk me through everything and address all my questions. He was always quick to respond. He was clearly knowledgeable about the area and was great at pointing out and educating me on issues to watch for as we walked through houses. I absolutely recommend Nick to anyone buying or selling a home, and look forward to working with him again in the future!
    Kayla Kocal
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