410 Huron Ave Port Huron, MI 48060-3825
- Bars
- 5,450 SF
- 0.06 lot acres
Current Use by Public Records
- Brass Rail Bar of Port Huron / Cocktail Bar
- Brass Rail Bar / Cocktail Bar
Property Details for 410 Huron Ave
- Lot size
- 0.06 lot acres
- Property size
- 5,450 SF
- Zone code
- CBD
- Property type
- Bars
- APN
- 74-06-298-0068-000
- APU
- 74062980068000
Description
This exceptional investment opportunity presents the chance to acquire the renowned Brass Rail, a beloved Port Huron establishment since the 1930s. This sale includes the business, liquor license, and three parcels totaling 7,550 square feet. The main attraction is the three-story building at 410 Huron Avenue, housing the bar and restaurant on the ground floor. Upstairs, a recently updated two-bedroom, one-bathroom apartment offers additional income potential, complete with new appliances. The third floor presents significant development opportunities, allowing for expansion or the creation of additional rental units. Further enhancing this offering is the inclusion of 412 Huron Avenue, a single-story commercial building of approximately 2,100 square feet, including a basement. This property boasts a prime location in the heart of downtown Port Huron, Michigan (St. Clair County), at 410-412 Huron Avenue, zip code 48060, with the APN 74062980068000. Built in 1930, this mixed-use property offers a unique blend of established business and significant upside potential. The sale represents a rare chance to own a piece of Port Huron history and capitalize on a thriving downtown location. This is a single-tenancy property with significant historical value and strong potential for future growth. The property's three stories provide ample space for various uses, from expanding the existing business to creating additional rental income streams. Don't miss this chance to own a piece of Port Huron's vibrant past and secure a promising future.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $605,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $455,000
- 6.5%
- $550,000
- 7%
- $550,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $490,000
- Geo Method
- $460,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $400,000
- Retail
- $450,000
- Mixed-Use
- $395,000
- Hospitality
- $405,000
- Educational
- $510,000
- Residential Income
- $490,000
- Energy
- $420,000
- Income-Based Land
- $450,000
- Food Service
- $540,000
Location Insight
- Map
- Local Demand
- City
- Port Huron
- County
- St. Clair
- State
- Michigan
- Longitude
- -82.4239
- Latitude
- 42.979
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
