Edison Plaza - Port Huron

Retail-Commercial for Sale
Catylist Listing ID: 30753734
Property Subtypes: Mixed Use, Retail-Pad
Building Size (RSF): 22,804 SF
Gross Building Area: See Agent
Gross Land Area: 0.93 SF
Sale Price: $2,000,000
Unit Price: $87.70 PSF
Property Use Type: Net Leased Investment (NNN)
Building Name: Edison Plaza
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/29/2022

Overview / Comments

Attractive L-shaped retail plaza Property consists of 1604 through 1660 Stone Street and is a one-story, multi-tenant professional center consisting of the following well-established tenants: McLaren Port Huron Hospital, Port Huron Ophthalmology, Wright & Filippis, Hungry Howies and Nesco Resource, Lot dimensions are +/-375 x +/-202, see attached Survey. NOI $183,000.00. The Center is 100% occupied with long-term Tenants in place.

Attachments & Media

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Saint Clair
Taxing Authority: City of Port Huron
Tax ID/APN: 06-368-0002-000, 0003, 0004 and 0005
Retail Clientele: General, Family, Business
Property Located Between: Stone St & Whipple St
Property Visibility: Excellent
Largest Nearby Street: Pine Grove Ave
Highway Access: I-69, I-94
Airports: St. Clair County International Airport
Site Description: Located along the southeast corner of Stone Street and Whipple Street
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Excellent
Year Built: 1961
Year Renovated: 2021
Roof Type: Flat
Construction/Siding: Block, Brick
Parking Type: Surface
Parking Description: Asphalt
Heat Type: Natural Gas
Air Conditioning: Package Unit
Internet Access: Cable
Zoning Description: CBD - Central Business District
Lot Frontage: 375
Lot Depth: 202
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,981 38,985 56,400
Median Age: 33.75 37.93 38.76
Households: 3,574 15,625 22,454


Photograph of Listing Agent

Winfield L. Cooper, III

Cooper Commercial CPIX Member
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