Flex Space with Overhead Door
35942 Jefferson Avenue Harrison Twp, MI 48045
35942 Jefferson Avenue, Harrison Twp, MI, 48045
$700,000
For Sale
$700,000
COMMERCIAL - Harrison Twp, MI
Property Size9,375 SF
Lot Size0.22 Acres
Price / SF$74.67
Days on Market12
Property Features for 35942 Jefferson Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 17-12-30-328-005
- Size
- 9,375 SF
- Lot size
- 0.22 Acres
Utilities
- Water source
- Public
Building Details
- Year built
- 1954
Listing Agency
Realty Executives Home Towne Chesterfield
(586) 949-8300
49940 Gratiot, Port Huron, MI
Listed by
Francis Ulicny · License #6501459697
(810) 335-5590
Added: Jul 10 Checked: Jul 21 at 12:06 am
MLS# 50214496
Copyright © 2026 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
For sale is a versatile flex space property totaling approximately 9,375 square feet, offering a functional layout with overhead door access. The building is positioned for a range of commercial uses, with specific suitability and permitted uses subject to municipal approval.
Located at 35942 Jefferson Avenue in Harrison Township, the property sits within the Village (V-1A) District and is described as being in the waterfront business district near Lake St. Clair, marinas, and the surrounding marine service corridor. The listing notes convenient regional access to I-94, M-59, and Metro Detroit.
Buyer and buyer’s agent are advised to independently verify all information, including zoning, permitted uses, dimensions, square footage, and intended use with Harrison Township.
Located at 35942 Jefferson Avenue in Harrison Township, the property sits within the Village (V-1A) District and is described as being in the waterfront business district near Lake St. Clair, marinas, and the surrounding marine service corridor. The listing notes convenient regional access to I-94, M-59, and Metro Detroit.
Buyer and buyer’s agent are advised to independently verify all information, including zoning, permitted uses, dimensions, square footage, and intended use with Harrison Township.
Key Highlights
- Built in 1954 commercial property with public water service
- Approximately 9,375 SF of flexible commercial space for a variety of permitted uses (subject to municipal approval)
- Located on heavily traveled Jefferson Avenue with prominent frontage for business exposure
Local Financial Insights For Warehouse
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 | $76.5k | $8.16 |
| − Vacancy | −$4.3k | −$0.46 |
| EGI | $72.2k | $7.70 |
| − OpEx | −$10.8k | −$1.16 |
| NOI | $61.4k | $6.55 |
9,375 SF · lease $8.16/SF/yr · vacancy 5.60% · expense 15.00%
Alternative Uses
Best Use
Flex RnD
$1.52M
$1.33M – $1.77M
NOI $106,479 @ 7.0% cap · market cap 15.21%
Second Best
Warehouse
$876.9K
$767.3K – $1.02M
NOI $61,384 @ 7.0% cap · market cap 8.77%
Theoretical Best
Specialty Retail
$1.76M
$1.54M – $2.05M
NOI $122,861 @ 7.0% cap · market cap 17.55%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Kent Sail Co
Textile Manufacturer
FAQs
What type of property is this?
Flex space - Versatile flex commercial building with overhead door access and prominent frontage along Jefferson Avenue in Harrison Township.
Where is this flex space located?
The property is located at 35942 Jefferson Avenue Harrison Twp, MI.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Built in 1954 commercial property with public water service; Approximately 9,375 SF of flexible commercial space for a variety of permitted uses (subject to municipal approval); Located on heavily traveled Jefferson Avenue with prominent frontage for business exposure
