937 OAK ST Active Save Request In-Person Tour Request Virtual Tour
Port Huron,MI 48060
Key Details
Property Type Commercial
Sub Type BusinessandRealEstate
Listing Status Active
Purchase Type For Sale
Square Footage 2,184 sqft
Price per Sqft $366
Subdivision White Plat
MLS Listing ID 20240060942
Year Built 1973
Property Sub-Type BusinessandRealEstate
Property Description
Seize this rare opportunity to own a well-established business in a prime location! This package includes a thriving party store, and a 4 unit rental property, 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.
- 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 Stclair
Area Area10152Porthuron
Interior
Heating ForcedAir, NaturalGas
Cooling CentralAir
Exterior
View Y/N No
Building
Foundation Slab
Sewer PublicSewer
Water Public
Schools
School District Porthuron
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition ShortSaleNo, Standard