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The Office Bar 1951 Water St

2,880 SF Retail Building Port Huron, MI 48060 £710,100 (£247/SF)

Executive Summary

Welcome to Captain Skrip's Office Bar, a well-established business located right off I-94, in Port Huron. This veteran owned bar and grill is located within a half mile of 5 hotels, a marina and campground. This local hangout has a rich history dating back several decades. It is well suited for a restaurant-oriented entrepreneur. There is never a shortage of out-of-town visitors looking for food and entertainment. The bar profits will allow the time needed to build the kitchen of your dreams. The current owners just installed two new Clover point of sale computer systems. The state-of-the-art system streamlines operations, ensuring smooth transactions and efficient service, while also providing valuable insights to optimize business performance. A new Five Ton Carrier air conditioning unit was installed in 2020, to ensure the comfort of all the guests. This patriotic themed property includes the main bar inside, and an additional liquor license permitted Tiki bar on the patio. The sale includes all the furnishings, to include the two pool tables and the karaoke system inside. There is never a shortage of entertainment potential here. You can simultaneously offer a completely different experience on the patio. This space has been used to host bands, DJ’s, comedy shows and private parties. The patio overlooks a fenced in yard fitted for horseshoe and cornhole leagues or tournaments. The newly paved and seal coated parking lot has room for 56 vehicles. Also included in this sale is the single-family home located next door. The 1,224 sqft home offers 3 bedrooms and 1 bath. The kitchen and bathroom were both remodeled in 2019. The property includes a one and a half car garage with a fenced in yard. The property can be used as a rental to boost your monthly profits. Both properties are located within the Port Huron township zone. These properties and all liquor licensing and permits are conveyed in this sale.

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual Annual Per SF
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,880 SF
Building Class
C
Year Built
1930
Price
£710,100
Price Per SF
£247
Tenancy
Single
Number of Floors
1
Building FAR
0.09
Land Acres
0.71 AC
Zoning
B-3
Parking
55 Spaces
Frontage
123 ft on Water Street

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
28-762-0005-000
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£127,581
  • Listing ID: 33392718

  • Date on Market: 03/10/2024

  • Last Updated:

  • Address: 1951 Water St, Port Huron, MI 48060

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