Remarks

Seize this rare opportunity to own a well-established business in a prime location! This package includes a thriving party store, and multiple rental properties, making it a versatile investment. Development and Gas station plans have been approved! So much potential!!

Beer & Wine & Hot Foods store: A staple in the community for decades, this liquor store has a loyal customer base and is positioned for continued success.

Rental Properties:
- Tri-plex: Three studio apartments that provide steady rental income.
- Two Single-Family Homes: Each home adds to the overall rental revenue.
- Storage Building with Studio Apartment: Additional studio apartment enhances the rental portfolio.

Current rental rates are strong, with potential for increased revenue based on standard market rents in the area.

Future Development Potential:
An approved development plan is in place to remove the existing homes and build a gas station, offering excellent growth and diversification opportunities. Additionally, there is an option to purchase the neighboring auto shop, further expanding the business possibilities. Auto shop will be needed to build gas station.

Prime Location:
The property is ideally situated near great complementary businesses, fire stations, schools, and parks. This strategic location ensures a steady stream of customers and tenants, enhancing the overall appeal and potential of the investment.

Don’t miss out on this exceptional investment opportunity combining a beer & wine & hot foods store, diverse rental properties, and significant future development potential. Contact us today to learn more and schedule a viewing.

Details

MLS#: 20240060942
Price: $990,000

Style: Business And Real Estate
Sq Ft: 2184
Year Built: 1973

County: St. Clair
Subdivision: WHITE PLAT
Lot Size: 0.16
Tax Fee: 4455.0

School District: Port Huron