1612 Lapeer Ave Port Huron, MI 48060-4150

Property Details for 1612 Lapeer Ave

Year built

1955

Lot size

0.46 lot acres

Property size

1,355 SF

Zone code

C1

Property type

Retail space

APN

74-06-009-2001-007

APU

74060092001007

Description

This exceptional 1,355 square foot commercial building, located at 1612 Lapeer Avenue in Port Huron, Michigan, presents a unique investment opportunity. Currently operating as an auto shop, this Class C property offers a sale-leaseback option, providing a seamless transition for the new owner. The building, constructed in 1955 and extensively renovated in 2023, boasts a prime location on a major artery into Port Huron, with easy access to expressways. Recent upgrades include a new roof, siding, and gutters (2021), expanded parking for 16 vehicles, new vinyl flooring and soffit ceilings in the main office and bathroom, and a redesigned layout featuring two larger rooms. Further enhancements include a new garage door, a six-camera security system, and fully insulated walls in the main office. The property is zoned for commercial use and sits on a 1-story building. The asking price is $199,000, resulting in a price per square foot of $146.86. The seller, Red Ridge Auto LLC, is offering a two-year leaseback to the new owner, minimizing disruption and maximizing potential returns. The property's APN is 74060092001007. This is an ideal opportunity for an investor seeking a turnkey operation with significant upside potential.