Property profile

223 Huron Ave Port Huron, MI 48060

OFF-MARKET
Retail space
Property ID
US43-4565395
4,918 SF 0.06 ac lot
Entity Owned 5-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional mixed-use building, located at 223 Huron Avenue in the heart of Port Huron, Michigan, presents a unique investment opportunity. Boasting 4,275 square feet, the property offers a blend of retail, office, and residential space, all within a vibrant downtown setting. The building underwent a complete renovation in 2010, utilizing high-quality materials, and further enhancements were made in 2021 with the addition of two luxurious, two-bedroom, one-bathroom lofts on the upper level. These lofts contribute to the strong rental income potential of this property. The building's prime location on Huron Avenue provides excellent street visibility and walkability to a variety of amenities, including restaurants, entertainment venues, and McMorran Plaza. Its proximity to the Black River and numerous marinas adds to its appeal. The meticulously maintained building offers a compelling combination of established income streams and significant upside potential. The asking price is $525,000, translating to $122.81 per square foot. This represents a rare chance to acquire a well-maintained, income-producing property in a thriving downtown area. The property's zip code is 48060, and it is situated in St. Clair County. This is an ideal investment for those seeking a diversified portfolio with strong rental income and significant potential for future growth.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Total area 4,918 SF
Lot 0.06 ac (2,614 SF)
Zoning code CBD
APN 74-06-298-0107-200
UPID US43-4565395

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
  • Photography Service (Bike/Boat/Book/etc) Store

Location

223 Huron Ave Port Huron, MI 48060-3968
Port Huron metro Census 625001 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$385k

Owner & transaction history

since 2020
Last sale
$410,000
4 recorded transactions
2020
$2,722
2008
$150,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CBD · Port Huron, MI
Zoning description

ose. § 52-382 Principal permitted uses. § 52-383 Permitted uses after special approval. § 52-384 Site plan review. § 52-385 Area, height, bulk and placement requirements. § 52-386 through § 52-410. (Reserved) DIVISION 9…

General category CIVIC_INSTITUTIONAL

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 223 Huron Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message