1951 Water St, Port Huron, MI 48060-2538
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.
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Captain Skrip's Office Bar and Grill Bar & Pub
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The Office Lounge & Grill Bar & Pub
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B-3 · Port Huron, MIPort Huron. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.