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    400 Michigan St Port Huron, MI 48060

    For Sale
    $250,900

    Prime CBD lot, 0.29 acres, parking potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 0.29-acre commercial land parcel, located at 400 Michigan Street in Port Huron, Michigan, presents a unique investment opportunity. Situated in the heart of the Central Business District (CBD), this property boasts a highly desirable location with excellent visibility and accessibility. The lot measures 64 feet by 200 feet and currently features a paved asphalt parking lot capable of accommodating approximately 42 vehicles. Its strategic placement offers proximity to the St. Clair River, numerous office buildings, a library, and an administration building, placing it within easy reach of the vibrant downtown entertainment area. All city utilities are conveniently available on-site. The land is zoned for CBD use, providing flexibility for a variety of commercial developments. The asking price is $250,900, translating to a land value of $23.75 per square foot. This property is ideal for developers seeking a prime location for new construction or entrepreneurs looking to capitalize on the high-traffic area. Don't miss this chance to acquire a valuable asset in a thriving downtown setting. The zip code is 48060, and the property is in St. Clair County.

    Property Features for 400 Michigan St

    General Information

    Property type
    Land
    Lot Size
    12,632 SF

    HighLights

    • 64' x 200' vacant lot.
    • Asphalt parking lot.
    • Prime CBD location.
    • St. Clair River proximity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Port Huron
    County
    St. Clair
    State
    Michigan
    Longitude
    -82.423618057205
    Latitude
    42.981310270994

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    FAQs

    What type of property is this?
    Land - Prime CBD lot, 0.29 acres, parking potential.
    Where is this land located?
    The property is located at 400 Michigan St Port Huron, MI.
    What is the asking price?
    The asking price for this property is $250,900.
    What are key features of this property?
    This property features: 64' x 200' vacant lot.; Asphalt parking lot.; Prime CBD location.
    (248) 663-0506
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    Port Huron, MI 48060
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    400 Michigan St Port Huron, MI 48060
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