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Live-Work Commercial Building

1026 State Street Port Huron, MI 48060

1026 State Street, Port Huron, MI, 48060
$229,900
For Sale
$229,900

Versatile B1-zoned building with main-level office space and an attached heated/cooled garage-shop area with tall ceilings.

Property Size2,320 SF
Price / SF$99.09
Days on Market286

Property Features for 1026 State Street

General Information

Standard status
Active
Size
2,320 SF
Property subtype
Commercial

Building Details

Year Built
1950
Listing Agency Pilot Property Group - Residential LLC
Listed by Anthony U Rubino · License #6502425251
Source Sabudarealty
Added: Oct 9, 2025 Updated: Jul 20 at 4:32 am Checked: Jul 20 at 4:32 am

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pilot Property Group - Residential LLC


Investment Insights

Based on property information with market context.

This B1-zoned commercial property at 1026 State Street offers a live-work configuration with multiple functional areas. The main level includes office space with tall ceilings and a private bathroom. An attached heated/cooled garage/shop area provides an additional workspace with a 14-foot ceiling, along with a brand new, insulated 9x10 garage door featuring a WiFi-enabled opener.

Upstairs, there is a fully renovated one-bedroom loft-style apartment, including brand new Whirlpool appliances, making the building suitable for live-work use or generating additional rental income. The property has updated interiors and is described as having excellent visibility.

Overall, the building combines office-ready space with an expanded shop/garage component and a complete residential unit above, supporting flexible uses for the right buyer.

Key Highlights

  • B1‑zoned versatile commercial building at 1026 State Street in Port Huron (year built 1950)
  • 2,320 SF building with main‑level office space featuring tall ceilings and a private bathroom
  • Attached heated/cooled garage/shop area with a 14‑foot ceiling

Local Financial Insights For Mixed Use

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 $27.8k $12.00
− Vacancy −$2.2k −$0.96
EGI $25.6k $11.04
− OpEx −$9.6k −$4.14
NOI $16.0k $6.90
2,320 SF · lease $12.00/SF/yr · vacancy 8.00% · expense 37.50%

Alternative Uses

Best Use
Flex RnD
$401.5K
$351.3K – $468.4K (±1% cap)
NOI $28,105 @ 7.0% cap · market cap 12.22%
Second Best
Mixed Use
$228.7K
$200.1K – $266.8K (±1% cap)
NOI $16,008 @ 7.0% cap · market cap 6.96%
Theoretical Best
Multifamily LT 5
$1.74M
$1.53M – $2.03M (±1% cap)
NOI $122,087 @ 7.0% cap · market cap 53.10%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Black Law PLLC Law Firm Oak Desk Planning Advertising Agency

Suggested Use

Real Estate Agency Restaurant Law Firm Big Box & Wholesale Store HVAC Service Skin Care Clinic Auto Repair Shop Auto Parts Store Nail Salon Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Live-work space - Versatile B1-zoned building with main-level office space and an attached heated/cooled garage-shop area with tall ceilings.
Where is this live-work space located?
The property is located at 1026 State Street Port Huron, MI.
What is the asking price?
The asking price for this property is $229,900.
What are key features of this property?
This property features: B1‑zoned versatile commercial building at 1026 State Street in Port Huron (year built 1950); 2,320 SF building with main‑level office space featuring tall ceilings and a private bathroom; Attached heated/cooled garage/shop area with a 14‑foot ceiling
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