400 HURON STREET HURON, OHIO 44839 CLICK HERE TO TOUR HARBOR NORTH WWW.CBREHARBORNORTH.COM
OFFERING OVERVIEW Income producing and development opportunity, which includes a 1,500 SF marina store with offices and 1,200 SF waterfront apartment with 3 bedrooms/2 baths Also included on the property is a 15,950 SF storage facility, 1,250 SF fiberglass shop, and 1,012 SF tool shed (these facilities are used for cradle storage, trailer storage and winter storage accommodations - sprinklered) Marina includes 90 boat slips and 573 of water frontage Deep water marina: 23 Huron River and 6-8 in Marina The facility includes boat brokerage, a sailing school, pump-outs, 112 rack storage, one crane, charter service, house rental, and shower facility Harbor North is located directly off Route 6 and 1.6 miles from Route 2. Due to the excellent location on the north side of the Route 6 bridge, which allows for larger boats over 40 and sailboats - that can easily be docked Easily accessible to Cedar Point Amusement Park and Marina, Kelley s Island, Put-In-Bay, Great Lakes Marine Museum, Pele Island and Canadian Shoreline, on-water restaurants/lounges, Lake Erie Islands and local wineries, and Sawmill Creek Resort. Sale price - $1,299,000 2
DEMOGRAPHIC OVERVIEW $80,504 AVERAGE HH INCOME 13,142 POPULATION $222,652 AVERAGE HOUSING VALUE 16,693 EMPLOYEES 5,598 HOUSEHOLDS 48.1 MEDIAN AGE 12,500 VPD TRAFFIC COUNT ROUTE 6 3
CEDAR POINT PROPERTY LOCATION ROUTE 6 4
WHY HURON? The City of Huron is dedicated to its businesses and wants to help them grow and succeed. Website: http://www.cityofhuron.org/economic-development/why-huron ENTERPRISE ZONE PROGRAM The City of Huron offers assistance in the planning, development and financing of appropriate commercial, retail and industrial projects and related activities throughout the city. The Enterprise Zone Program is available on a county-wide basis, is a program in which the level of tax abatement is negotiated between public and private entities. The amount of tax relief depends upon the economic impact the proposed project would bring to the area. The program focuses upon either the expansion of existing businesses or the start up of a new business. Considerable emphasis is placed upon job retention and/or creation. GOVERNMENT SUPPORT Local development has been carefully guided by Huron s administration. A zoning program has been implemented, and groups such as the Huron Economic Development Committee and Chamber of Commerce have supported the reservation of industrial tracts. In addition, the creation of the Huron Joint Port Authority has helped to ensure that the local harbor facilities can be developed to there maximum potential. The Port Authority continues working to create additional uses of the harbor in an effort to stimulate waterborne commerce in the community. They have recently completed a Port Master Plan that will server as both a guideline and a marketing tool for future port development. PUBLIC UTILITY The City of Huron offers electricity as a municipal utility to its businesses, allowing them to cut down on overhead costs. ERIE COUNTY ECONOMIC DEVELOPMENT CORPORATION The Erie County Economic Development Corporation (ECEDC) is a 501 (C)(3) private non-profit established in 1987 by forward thinking Erie County citizens to act as the lead economic development organization for Erie County, Ohio. Website: http://www.eriecountyedc.org/ 5
HURON TOURISM Located on the south shore of Lake Erie, Huron lies midway between Cleveland and Toledo on State Route 6 and State Route 2 in the heart of Ohio s Lake Erie vacationland. The City of Huron is quickly becoming one of the premier tourist destinations in Northeast Ohio. 10 million trips are made to Lake Erie each year 3.5 million people go to Cedar Point every year Huron is located 30 miles from Kelleys Island Put in Bay, a highly popular tourist destination, is one hour from Huron The Erie County tourism industry was $1.6 billion in 2015 Lake Erie is a year-round destination 88% of visitors said they are likely to return HURON NEWS Mucci Farms, a Canadian-based, high-tech agricultural company, plans to establish its first United States headquarters in Huron. The company is expected to invest about $100 million to build greenhouses, which will grow produce, such as peppers,and be eventually sold to retailers, such as Kroger and Walmart. Website: http://www.sanduskyregister.com/story/201608260031org/ 6
400 HURON STREET HURON, OHIO 44839 CLICK HERE TO TOUR HARBOR NORTH WWW.CBREHARBORNORTH.COM 7
FOR MORE INFORMATION CONTACT 400 HURON STREET HURON, OHIO 44839 MIKE PETRIGAN, SIOR First Vice President +1 216 363 6435 mike.petrigan@cbre.com CBRE, INC. 950 Main Avenue Suite 200 Cleveland, Ohio 44113 2018 CBRE, Inc. The information contained in this document has been obtained from sources believed reliable. While CBRE, Inc. does not doubt its accuracy, CBRE, Inc. has not verified it and makes no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited. Licensed Real Estate Broker.