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
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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