410 Huron AvePort Huron, MI 48060

Property Details for 410 Huron Ave

Lot size

0.06 AC

Property size (Sq ft)

5,450 SF

Zone code

CBD

Property type

Bars

APN

74-06-298-0068-000

APU

74062980068000

Description

This exceptional investment opportunity presents the chance to acquire the renowned Brass Rail, a beloved Port Huron establishment since the 1930s. This sale includes the business, liquor license, and three parcels totaling 7,550 square feet. The main attraction is the three-story building at 410 Huron Avenue, housing the bar and restaurant on the ground floor. Upstairs, a recently updated two-bedroom, one-bathroom apartment offers additional income potential, complete with new appliances. The third floor presents significant development opportunities, allowing for expansion or the creation of additional rental units. Further enhancing this offering is the inclusion of 412 Huron Avenue, a single-story commercial building of approximately 2,100 square feet, including a basement. This property boasts a prime location in the heart of downtown Port Huron, Michigan (St. Clair County), at 410-412 Huron Avenue, zip code 48060, with the APN 74062980068000. Built in 1930, this mixed-use property offers a unique blend of established business and significant upside potential. The sale represents a rare chance to own a piece of Port Huron history and capitalize on a thriving downtown location. This is a single-tenancy property with significant historical value and strong potential for future growth. The property's three stories provide ample space for various uses, from expanding the existing business to creating additional rental income streams. Don't miss this chance to own a piece of Port Huron's vibrant past and secure a promising future.

• CAP approach

  CAP return

  Valuation

  6%

  $1,666,275

  6.5%

  $1,538,100

  7%

  $1,428,236

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,284,678

  Geo Method

  $1,284,678

• Alternative Use

  Use

  Valuation

  Residential

  $1,297,445

  Hospitality

  $1,188,453

  Educational

  $988,779

  Medical

  $1,022,784

  Retail

  $1,538,100

Location Insight

City

Port Huron

County

St. Clair

State

Michigan

Latitude

42.979

Longitude

-82.4239

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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