2001 Water St Port Huron, MI 48060-2540

Property Details for 2001 Water St

Year built

1920

Lot size

1.09 lot acres

Property size

4,920 SF

Zone code

B-3

Property type

Specialty properties

APN

74-28-762-0007-000

APU

74287620007000

Description

This exceptional turnkey business opportunity in Port Huron, Michigan, includes a 4,920 square foot warehouse on a 0.56-acre lot at 2001 Water Street, zip code 48060. Built in 1920, the property boasts a 1,000 square foot showroom with a bathroom, and a 3,100 square foot garage/shop featuring a cement floor. A full basement and a one-bedroom apartment (currently unrented, offering potential rental income) are also included. The business, all equipment (including a 2012 F450 Dually truck and a 1999 Holestar 4200 hydraulic trailer), and over 50 boat stands and blocks are part of the sale. The property's prime location between Bridge Harbor Marina and two boat launches contributes to its strong financial performance. Averaging $300,000 in annual income over the past three years ($60,000 from winter storage and $240,000 from service calls and maintenance), this presents a lucrative investment. The asking price is $825,000, with the seller open to a land contract with a $250,000 down payment at 5% interest, with terms negotiable. This is a rare opportunity to acquire a thriving, established business with significant income potential and valuable assets.