Property profile

1635 Pine Grove Ave Port Huron, MI 48060

FOR SALE
Grocery and convenience stores
Property ID
US43-4568501
1,260 SF 0.12 ac lot Built 1971
Entity Owned 9-yr Hold Free & Clear
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Property summary

AI-generated overview

This established convenience store, located at 1635 Pine Grove Ave in Port Huron, Michigan, presents a compelling owner-user investment opportunity. The 900-square-foot single-story building, constructed in 1971, sits on a 0.3-acre lot (7,405 square feet) and boasts a convenient drive-thru. The property is zoned C1 and includes 10 parking spaces. Currently operating at 100% occupancy, this single-unit retail space offers a proven track record of success. Its prime location at the intersection of Pine Grove, Whipple, and Poplar Streets ensures high visibility and accessibility. The asking price is $269,000. The property's APN is 74063650487000. This is a rare opportunity to acquire a thriving business in a desirable location. The property's long-standing success and convenient drive-thru make it an attractive investment for an owner-operator seeking a profitable venture.

Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1971
Total area 1,260 SF
Lot 0.12 ac (5,097 SF)
Zoning code C1
APN 74-06-365-0487-000
UPID US43-4568501

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Grocery & Convenience Store

Location

1635 Pine Grove Ave Port Huron, MI 48060
Port Huron metro Census 626001 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$485k

Owner & transaction history

since 2017
1 recorded transaction
2017
$51,200

Zoning & alternative use

C1 · Port Huron, MI
Zoning description

ted uses. § 52-348 Permitted uses after special approval. § 52-349 Required conditions. § 52-350 Site plan review. § 52-351 Area, height, bulk and placement requirements. § 52-352 through § 52-380. (Reserved) DIVISION 8…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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