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4655 24th Ave
Fort Gratiot, MI 48059
Goodyear · Retail Property For Sale


Investment Highlights
- Scheduled Rent Increases
- Minimal Management Responsibilities
- Recession Resistant Investment
- Corporate Lease
- Strategic Retail Location
- Strong Traffic Counts
Executive Summary
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a Goodyear located at 4655 24th Avenue (MI Route 25) in Port Huron, Michigan (the “Property”). Goodyear has occupied this location since 1996 and recently exercised a renewal option, demonstrating their commitment to the site and the market. Goodyear has 5+ years remaining on their lease with one (1), 5-year renewal option. The lease features an attractive 10% rent increase at the start of the remaining renewal option.
Goodyear is strategically positioned along 24th Avenue (OH Route 25), the area’s primary commercial and commuter corridor, where the Property benefits from excellent frontage, visibility, and prominent signage. Goodyear is a pad site to a shopping center anchored by Burlington and Hobby Lobby, and is located between Birchwood Mall, anchored by Target, and Walmart Supercenter. This concentration of national and local retailers and restaurants generates consistent consumer traffic throughout the immediate trade area. The Property is also easily accessible from surrounding residential neighborhoods and area schools, providing a built-in and reliable customer base. Located approximately 4.5 miles from Downtown Port Huron, the Blue Water Bridge to Canada, and nearby interstates 69 and 94, the site benefits from strong regional and cross-border connectivity.
Port Huron is located approximately 60 miles northeast of Detroit and serves as the primary commercial and cultural hub for Michigan’s Blue Water region. The city’s position along major transportation corridors and international trade routes further supports consistent traffic and long-term regional demand.
Goodyear is strategically positioned along 24th Avenue (OH Route 25), the area’s primary commercial and commuter corridor, where the Property benefits from excellent frontage, visibility, and prominent signage. Goodyear is a pad site to a shopping center anchored by Burlington and Hobby Lobby, and is located between Birchwood Mall, anchored by Target, and Walmart Supercenter. This concentration of national and local retailers and restaurants generates consistent consumer traffic throughout the immediate trade area. The Property is also easily accessible from surrounding residential neighborhoods and area schools, providing a built-in and reliable customer base. Located approximately 4.5 miles from Downtown Port Huron, the Blue Water Bridge to Canada, and nearby interstates 69 and 94, the site benefits from strong regional and cross-border connectivity.
Port Huron is located approximately 60 miles northeast of Detroit and serves as the primary commercial and cultural hub for Michigan’s Blue Water region. The city’s position along major transportation corridors and international trade routes further supports consistent traffic and long-term regional demand.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
5,200 SF
Building Class
C
Year Built
1996
Price
$1,658,390 CAD
Price Per SF
$318.92 CAD
Cap Rate
6.75%
NOI
$111,950 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.80 AC
Zoning
C-2
Frontage
185’ on 24th Ave
Amenities
- Pylon Sign
Property Taxes
| Parcel Number | 20-016-3010-500 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $532,352 CAD |
Property Taxes
Parcel Number
20-016-3010-500
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$532,352 CAD
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