Split Office Building with
Fruitport, MI 49415 Fruitport, MI 49415
Fruitport, MI, 49415
$389,900
For Sale
$389,900
COMMERCIAL - Fruitport, MI
Property Size3,104 SF
Lot Size0.67 Acres
Price / SF$125.61
Days on Market120
Property Features
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2
- Interior features
- Broadband
- Standard status
- Active
- Size
- 3,104 SF
- Lot size
- 0.67 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- VILLAGE OF FRUITPORT SEC 36 T9N R16W BLK 13 LOT 2
- Tax Annual Amount
- 4128
Utilities
- Utilities
- Cable Available
- Sewer type
- Septic Tank
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1940
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- Vinyl Siding
- Roof type
- Composition
Listing agency
Tucker Benner Realty LLC
(231) 246-8720
Listed by
Marilyn K Tucker · License #6502422604
(231) 730-8781
Added: Mar 25 Updated: Jun 23 at 9:41AM Checked: Jul 22 at 11:06AM
MLS# 26012397
Copyright © 2026 Michigan Regional Information Center, LLC. 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.
This commercial office building was built in 1962 and totals approximately 1,800 square feet, currently divided into two separate units. Each side includes a restroom, and both units have front reception space, with additional reception in one suite. One suite is configured with several smaller office spaces, while the other provides more open space plus a separate private office. The office spaces have separate central air for each suite. There is ample parking behind the building.
The property sits on busy main street in the Village of Fruitport. The parcel is approximately 0.67 acres, and the listing notes easy access to the expressway and shopping, along with public services. The Village of Fruitport indicates the property may be allowed to split into two separate parcels.
In addition to the office building, there is a separate 1,000-square-foot single-family home built in 1940 at 293 N 3rd Ave. The home includes 3 bedrooms and 1 bathroom and was rented until recently. Together, the commercial building’s two-suite layout and the separate residence may support a range of business or ownership uses, subject to applicable approvals and permitting.
The property sits on busy main street in the Village of Fruitport. The parcel is approximately 0.67 acres, and the listing notes easy access to the expressway and shopping, along with public services. The Village of Fruitport indicates the property may be allowed to split into two separate parcels.
In addition to the office building, there is a separate 1,000-square-foot single-family home built in 1940 at 293 N 3rd Ave. The home includes 3 bedrooms and 1 bathroom and was rented until recently. Together, the commercial building’s two-suite layout and the separate residence may support a range of business or ownership uses, subject to applicable approvals and permitting.
Key Highlights
- Commercial building with two separate units on a busy main street.
- Potential to split the property into two separate parcels (subject to Village of Fruitport approval).
- Includes a separate 1,000 sq ft, 3‑bedroom, 1‑bath home that can be used as a rental or residence.
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 | $52.9k | $17.04 |
| − Vacancy | −$7.3k | −$2.35 |
| EGI | $45.6k | $14.69 |
| − OpEx | −$11.4k | −$3.67 |
| NOI | $34.2k | $11.02 |
3,104 SF · lease $17.04/SF/yr · vacancy 13.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$488.5K
$427.4K – $569.9K
NOI $34,195 @ 7.0% cap · market cap 8.77%
Second Best
Apartment 5plus
$384.0K
$336.0K – $448.0K
NOI $26,881 @ 7.0% cap · market cap 6.89%
Theoretical Best
Hotel Hospitality
$29.15M
$25.51M – $34.01M
NOI $2,040,484 @ 7.0% cap · market cap 523.34%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - A 1962 office building split into two suites with separate restrooms, central air, and ample rear parking.
Where is this office units located?
The property is located at Fruitport, MI.
What is the asking price?
The asking price for this property is $389,900.
What are key features of this property?
This property features: Commercial building with two separate units on a busy main street.; Potential to split the property into two separate parcels (subject to Village of Fruitport approval).; Includes a separate **1,000 sq ft, 3‑bedroom, 1‑bath home** that can be used as a rental or residence.
