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Property profile & analytics

1951 Water St Port Huron, MI 48060-2538

  • Bars
  • 3,345 SF
  • 0.71 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US43-4515675
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Captain Skrip's Office Bar and Grill / Bar
  • The Office Lounge & Grill / Bar

Property Details for 1951 Water St

Year built
1930
Lot size
0.71 lot acres
Property size
3,345 SF
Zone code
B-3
Property type
Bars
Property subtype
Pubs
APN
74-28-762-0005-000
APU
74287620005000

Description

This exceptional investment opportunity encompasses a thriving, well-established bar and grill in Port Huron, Michigan, strategically located near I-94, five hotels, a marina, and a campground, ensuring a consistent flow of customers. The 2,880 square foot restaurant, built in 1930, sits on a 0.857-acre lot (APN 74-28-762-0005-000) and is zoned B-3. The property includes two buildings: the main bar featuring two pool tables and a karaoke system, and a permitted Tiki bar on a patio with space for bands, DJs, and private events, overlooking a fenced yard ideal for games. A newly paved parking lot accommodates 56 vehicles. Recent upgrades include two new Clover point-of-sale systems (2023), a five-ton Carrier air conditioning unit (2020), and a remodeled kitchen and bathroom in the adjacent single-family home (2019). This 1,224 square foot, three-bedroom, one-bathroom home, with a 1.5-car garage and fenced yard, offers additional income potential as a rental. All furnishings, liquor licenses, and permits are included in the $900,000 asking price. This turnkey operation presents a unique opportunity for a restaurant entrepreneur to capitalize on an existing successful business and expand its potential. The property is located in Port Huron Township.


Value Estimations

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  • CAP approach

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Location Insight

  • Map
  • Local Demand
City
Port Huron
County
St. Clair
State
Michigan
Longitude
-82.4467
Latitude
42.9883
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
$6,652
$0.00
$0.00
$161,700
-
$0.00
$0.00
$323,400
More about this property
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