101 Water StPort Huron, MI 48060

  • Commercial land
  • 0.54 AC
For Sale
$1,200,000 View listing

Property Details for 101 Water St

Lot size
0.54 AC
Zone code
CBD
Property type
Commercial land
APN
74-06-407-0014-100
APU
74064070014100

Description

This exceptional 31,000 square foot commercial land parcel, located at 101 Water Street in Port Huron, Michigan (APN 74-06-407-0014-100), presents a unique investment opportunity. Zoned for Central Business District use, this property boasts stunning Black River frontage, offering easy access to the St. Clair River and Lake Huron. Enjoy unobstructed freighter views and convenient proximity to the Blue Water River Walk, a six-million-dollar natural development along the St. Clair River. The site is approximately one mile south of Lake Huron and within walking distance of a new hotel and the Lakes Pilots Association. On-site improvements include a sea wall, fuel tank, and two deep-water, 50-foot wells. The property benefits from 24/7 security and adjacency to Desmond Marine, which features a 55-ton travel lift. No bridges obstruct access, making it ideal for marine-related businesses. The land is priced at $1,200,000, or $38.71 per square foot. This is a rare chance to acquire a significant waterfront property with exceptional features and a prime location in a thriving community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $5,599,724
    Hospitality
    $5,129,318
    Educational
    $4,267,532
    Medical
    $4,414,299
    Retail
    $6,638,384

Location Insight

City
Port Huron
County
St. Clair
State
Michigan
Latitude
42.9733
Longitude
-82.4208
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
$8,762
-
-
$141,900
-
-
-
$283,800

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