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Free Trade Zone Warehouse 2 Industrial Properties Online Auction Sale Port Huron, MI
Matterport 3D Tours
INVESTMENT HIGHLIGHTS
- Seaway Terminal is a combined ±4.11-acre site with a 21,750-square-foot warehouse/ office and a 21,432-square-foot event space.
- Dock area is designed to accommodate all types of watercraft with power pedestals of 110 and 220 volts and 440 volts for large ships.
- Port can accommodate cruise boats, Great Lakes ships, and foreign freighters with 1,000 feet of deep-water port dockage.
- Only deep-water port in the area, this waterfront property overlooks the St. Clair River, which leads into Lake Huron, one of the Great Lakes.
- Upside potential to further the current relationship with the Coast Guard; there is no agreement on file, but annually paying $6,000 for docking.
- With flexible space and a strategic waterfront location, it is ideal for mixed-use, event space, industrial, or maritime purposes.
EXECUTIVE SUMMARY
Welcome to the waterfront Seaway Terminal at 2358 and 2380 Military Street in Port Huron, Michigan. The ±4.11-acre terminal property features a modern docking facility that handles various watercraft. The buildings were originally delivered in 1900 and renovated in 2003. There is a 21,750-square-foot warehouse with office space and a 21,432-square-foot event space. Stainless steel railings have been installed along the entire pier, which can be removed in sections to allow access to ships anywhere along the dock. While in port, both vessels may be viewed from the rooftop parking lot.
Today, the seaport terminal buildings are delivered vacant with docking revenue from the Coast Guard. There is upside potential for the Coast Guard to solidify a formal agreement of use and rental income. The unique waterfront property’s M-1 Light Industrial zoning caters to various operations, whether maritime or commercial.
Port Huron is known as the gateway to Michigan’s eastern coastline (or as locals say, the thumbcoast) and the maritime capital of the Great Lakes. The subject property is also within Michigan’s Port Huron SmartZone (Region 6). Michigan has organized the state into 20 economic SmartZones, which indicate technology clusters to promote resource collaboration between universities, governmental and community-based groups, research organizations, and industries. Port Huron’s SmartZone is operated by the Economic Development Alliance (EDA) of St. Clair County.
The Economic Development Alliance of St. Clair County (EDA) serves as the grantee for Foreign-Trade Zone (FTZ) 210, which offers customs advantages to businesses in the county. FTZs allow companies to defer, reduce, or eliminate customs duties on imported and exported goods, making businesses more competitive globally. To get specific information or apply for benefits, companies can contact the EDA of St. Clair County or the US Foreign-Trade Zones Board.
What the St. Clair County FTZ offers
- Customs advantages: Companies can benefit from duty elimination, deferral, or reduction on imported goods and components used in products for export.
- Strategic location: The zone is situated on the US/Canadian border, giving it a strategic advantage for international trade.
- Logistical options: The area provides robust logistical options for businesses.
How to get started
- Contact the EDA: The EDA of St. Clair County is the local grantee and can provide specific details on using the zone.
- Contact the FTZ Board: The US Foreign-Trade Zones Board oversees the FTZ program and has information on how to apply for FTZ sites or subzones under its jurisdiction. You can find application details on the International Trade Administration's FTZ website.
- Review regulations: The specific regulations for FTZs are in Title 15, Part 400 of the Code of Federal Regulations.
Key details:
- FTZ Number: 210
- Grantee: Economic Development Alliance of St. Clair County
- Approval Date: November 28, 1995
- Recent Activity: The grantee applied for a reorganization of the zone under the Alternative Site Framework (ASF) in 2021, according to the Federal Register.
Property tours are available by appointment only. Please contact the broker to schedule.
Today, the seaport terminal buildings are delivered vacant with docking revenue from the Coast Guard. There is upside potential for the Coast Guard to solidify a formal agreement of use and rental income. The unique waterfront property’s M-1 Light Industrial zoning caters to various operations, whether maritime or commercial.
Port Huron is known as the gateway to Michigan’s eastern coastline (or as locals say, the thumbcoast) and the maritime capital of the Great Lakes. The subject property is also within Michigan’s Port Huron SmartZone (Region 6). Michigan has organized the state into 20 economic SmartZones, which indicate technology clusters to promote resource collaboration between universities, governmental and community-based groups, research organizations, and industries. Port Huron’s SmartZone is operated by the Economic Development Alliance (EDA) of St. Clair County.
The Economic Development Alliance of St. Clair County (EDA) serves as the grantee for Foreign-Trade Zone (FTZ) 210, which offers customs advantages to businesses in the county. FTZs allow companies to defer, reduce, or eliminate customs duties on imported and exported goods, making businesses more competitive globally. To get specific information or apply for benefits, companies can contact the EDA of St. Clair County or the US Foreign-Trade Zones Board.
What the St. Clair County FTZ offers
- Customs advantages: Companies can benefit from duty elimination, deferral, or reduction on imported goods and components used in products for export.
- Strategic location: The zone is situated on the US/Canadian border, giving it a strategic advantage for international trade.
- Logistical options: The area provides robust logistical options for businesses.
How to get started
- Contact the EDA: The EDA of St. Clair County is the local grantee and can provide specific details on using the zone.
- Contact the FTZ Board: The US Foreign-Trade Zones Board oversees the FTZ program and has information on how to apply for FTZ sites or subzones under its jurisdiction. You can find application details on the International Trade Administration's FTZ website.
- Review regulations: The specific regulations for FTZs are in Title 15, Part 400 of the Code of Federal Regulations.
Key details:
- FTZ Number: 210
- Grantee: Economic Development Alliance of St. Clair County
- Approval Date: November 28, 1995
- Recent Activity: The grantee applied for a reorganization of the zone under the Alternative Site Framework (ASF) in 2021, according to the Federal Register.
Property tours are available by appointment only. Please contact the broker to schedule.
MATTERPORT 3D TOURS
2358 Military St | 3D Tour of Office/ Warehouse Space
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DATA ROOM Click Here to Access
- Operating and Financials
- Purchase Agreement
- Third Party Reports
- Title and Insurance
MARKET ANALYTICS Click Here to Access
PROPERTY FACTS
| Sale Condition | Auction Sale | Number of Properties | 2 |
| Type of Ownership | Fee Simple | Total Building Size | 43,182 SF |
| Sale Type | Investment | Total Land Area | 4.11 AC |
| Status | Active |
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Total Building Size | 43,182 SF |
| Total Land Area | 4.11 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT |
|---|---|---|---|
|
Seaway Terminal
2380 Military St, Port Huron, MI 48060 |
Industrial | 21,750 SF | 1900 |
|
Seaway Terminal
2358 Military St, Port Huron, MI 48060 |
Industrial | 21,432 SF | 1990 |
SALE ADVISOR
SALE ADVISOR
Korissa Kramer, Partner
Korissa is an experienced business professional with a Bachelor of Business Administration (BBA) with a focus in Marketing from Western Michigan University, Haworth College of Business. She began her real estate career in 2011, obtaining her broker’s license in 2014. She earned the designation of Certified Commercial Investment Member (CCIM) in 2019, making her the only CCIM in St. Clair County. Hiring a CCIM means unmatched credibility and access to an inclusive, global community.
Korissa is a member of several professional organizations including CRE Pros (Commercial Real Estate Pros) and the Commercial Property Information Exchange (CPIX). She also holds several board positions throughout St. Clair County.
In her position as an Associate Broker, Korissa focuses her efforts throughout southeastern Michigan. Her experience, creative strength and proactive approach allows her to assist clients in finding the right fit for their real estate needs. She brings a wealth of knowledge of the local market and community. She is passionate and results driven in the commercial real estate industry; skilled in sales, leasing, contract negotiation, market research, acquisitions/dispositions valuation and consulting.
Korissa is a member of several professional organizations including CRE Pros (Commercial Real Estate Pros) and the Commercial Property Information Exchange (CPIX). She also holds several board positions throughout St. Clair County.
In her position as an Associate Broker, Korissa focuses her efforts throughout southeastern Michigan. Her experience, creative strength and proactive approach allows her to assist clients in finding the right fit for their real estate needs. She brings a wealth of knowledge of the local market and community. She is passionate and results driven in the commercial real estate industry; skilled in sales, leasing, contract negotiation, market research, acquisitions/dispositions valuation and consulting.
ABOUT THE AUCTION TECHNOLOGY
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOURS
PHOTOS
STREET VIEW
STREET
MAP
3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000 USD
Maximum Transaction Fee
$300,000 USD
Example Calculation
Winning Bid Amount
$5,000,000 USD
Transaction Fee
$150,000 USD (3%)
Total Purchase Price
$5,150,000 USD
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Free Trade Zone Warehouse
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