Cavis Grill 401 Quay St

401 Quay St , Port Huron, Michigan, 48060 | 1,950 sq.f | $ 329,000

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About This Restaurant

Investment Highlights

Heart of downtown Port Huron Last building in the entertainment district to get renovated Tens of millions spent on building renovations nearby View of the river Across the street from the river

Executive Summary

Prime, Value-add Investment opportunity to own the last remaining premier location in historic downtown Port Huron. This standalone diner has been closed since Covid. Formerly the Cavis Grill, 401 Quay Street is a 1,950 square foot diner that sat 75 patrons. Across the street from the Port Huron Yacht Club, Wrigley Center (a new 36-condo mixed-use development), the Vintage Tavern and a completely renovated mixed-use building on the river, 401 Quay is positioned perfectly for someone to make it their own. This area has been part of revitalization project in excess of tens of millions. The property is located on the corner of Michigan and Quay, you can be right in the heart of the Entertainment District!There are 11 parking spaces attached to the building, with the option of turning it into additional outdoor seating. The blueprints for the present owner showcased a two-story indoor/outdoor seating around on the Michigan Avenue side. Renovations are needed before opening. Phase 1 and 2 Environmentals have been completed on the site. Also, the Selling Agent owns the building. This is an exciting location that stands out in St Clair County. With views of the Black River, Canada, the Yacht Club and more, grab the last blue chip property downtown today!Land contract terms considered.

Property Details

  • Sale Type    Investment or Owner User
  • Sale Condition    Redevelopment Project
  • Property Type    Retail
  • Property Subtype    Restaurant Restaurant General Retail Bar General Retail Freestanding General Retail Storefront Restaurant
  • Building Size    1,950
  • Year Built/Renovated    1930/1959
  • Price    329,000
  • Price Per SF    169
  • Tenancy    Single
  • Building Height    1 Story
  • Building FAR    0.37
  • Land Acres    0.12 AC
  • Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

  • Corner Lot
  • Restaurant
  • Signage

Nearby Amenities & Transportation

Retail Huntington National Bank
Retail Wings Of Port Huron
Retail Curves
Retail The YMCA
Retail CrossFit
Retail Wild Wing
Retail Scotiabank
Retail CIBC
Retail freshii
Retail RBC Royal Bank

Property Taxes

Parcel Number 06-298-0079-000 Improvements Assessment $0
Land Assessment $0 Total Assessment $90,500
Date Created: 2024-07-16 04:16:18 Last Updated: 2024-07-16 04:16:18
Address: 401 Quay St , Port Huron, Michigan, 48060