2609 Electric Avenue Port Huron, MI 48060
COMMERCIAL - Port Huron, MI
Property Features for 2609 Electric Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bathroom 1
- Interior features
- Broadband
- Standard status
- Active
- APN
- 06-922-0001-000
- Size
- 5,400 SF
- Lot size
- 0.37 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- UNIT A C.A.R. MEDICAL BUILDING CONDOMINIUM, ST CLAIR COUNTY CONDOMINIUM SUBDIVISION PLAN NO 92 REC LIBER 1252 PAGES 896
- Tax Annual Amount
- 11375
Utilities
- Utilities
- Cable Available
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1975
- Floors in Building
- 1
- Number of units
- 1
- Building materials
- Stucco, Brick
- Roof type
- Composition
Listing agent Jennifer Lasco License #6502402604 (248) 840-6059
Listing office Lasco Real Estate Group 101 N Adelaide, Fenton, MI (810) 433-9556
Listing date Sep 11, 2025
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Investment Insights
Based on property information with market context.
The property is positioned in the parking lot of Lake Huron Hospital and directly adjacent to the hospital campus. Ample on-site parking is available for both staff and patients, supporting convenient arrival and day-to-day operations for appointment-based care.
For healthcare providers seeking an established office configuration, the room mix supports both patient intake and ongoing clinical scheduling. The combination of waiting space, administrative support, and multiple exam rooms is well-suited to practices that require room turnover through the day and a layout that can accommodate several clinicians operating from the same facility. The setting beside a major medical center also provides straightforward access for patients who are already visiting the hospital.
Key Highlights
- 5,780 SF medical office built in 1975 with stucco and brick exterior
- Large waiting room plus administrative office with built‑in desks and filing systems
- Numerous patient exam and appointment rooms for a multi‑doctor practice
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $32.4k | $6.00 |
| − Vacancy | −$7.6k | −$1.41 |
| EGI | $24.8k | $4.59 |
| − OpEx | −$6.2k | −$1.15 |
| NOI | $18.6k | $3.44 |
