1951 Water StPort Huron, MI 48060

  • Bars
  • 3,345 SF
For Sale
$900,000 View listing

Property Details for 1951 Water St

Year built
1930
Lot size
0.71 AC
Property size (Sq ft)
3,345 SF
Zone code
B-3
Property type
Bars
Property subtype
Pubs
APN
74-28-762-0005-000
APU
74287620005000

Description

This exceptional investment opportunity encompasses a thriving, well-established bar and grill in Port Huron, Michigan, strategically located near I-94, five hotels, a marina, and a campground, ensuring a consistent flow of customers. The 2,880 square foot restaurant, built in 1930, sits on a 0.857-acre lot (APN 74-28-762-0005-000) and is zoned B-3. The property includes two buildings: the main bar featuring two pool tables and a karaoke system, and a permitted Tiki bar on a patio with space for bands, DJs, and private events, overlooking a fenced yard ideal for games. A newly paved parking lot accommodates 56 vehicles. Recent upgrades include two new Clover point-of-sale systems (2023), a five-ton Carrier air conditioning unit (2020), and a remodeled kitchen and bathroom in the adjacent single-family home (2019). This 1,224 square foot, three-bedroom, one-bathroom home, with a 1.5-car garage and fenced yard, offers additional income potential as a rental. All furnishings, liquor licenses, and permits are included in the $900,000 asking price. This turnkey operation presents a unique opportunity for a restaurant entrepreneur to capitalize on an existing successful business and expand its potential. The property is located in Port Huron Township.

Location Insight

City
Port Huron
County
St. Clair
State
Michigan
Latitude
42.9883
Longitude
-82.4467
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,652
-
-
$161,700
-
-
-
$323,400

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