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$990,000

Added 8 months ago

937 Oak St, Port Huron, MI

Real Estate

For Sale

Listed price in listed location currency (USD).
$990,000

Added 8 months ago

002184 sqft0
  • Key Facts
  • Description
  • Map

Key Facts

Type Businessand Real Estate
Levels Business Opportunity
Size 2184 sqft
Garage No
HOA Fees 
Taxes $4,455
Days Active 247
Approx. Age 1973
Avg. Price Per Sqft $453
MLS® Number 20240060942

Property Address: 937 Oak St, Port Huron, Michigan

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number20240060942
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1973
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatForced Air, Natural Gas
A/CCentral Air
Heating Fuel

Extras

937 Oak St, Port Huron, MI

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