Live/Work Building with Loft
1026 State Street Port Huron, MI 48060
1026 State Street, Port Huron, MI, 48060
$229,900
For Sale
$229,900
COMMERCIAL - Port Huron, MI
Property Size2,320 SF
Lot Size0.08 Acres
Price / SF$99.09
Days on Market284
Property Features for 1026 State Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 06-571-0001-000
- Size
- 2,320 SF
- Lot size
- 0.08 Acres
Utilities
- Heating system
- Forced Air
- Water source
- Public
Building Details
- Year built
- 1950
- Roof type
- Metal
Listing Agency
Pilot Property Group - Residential LLC
(586) 254-0900
38600 Van Dyke Ste 325, Shelby Twp, MI
Listed by
Anthony Rubino · License #6502425251
(586) 873-5419
Added: Oct 9, 2025 Checked: Jul 19 at 4:06 pm
MLS# 50190969
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.
1026 State Street offers a distinctive B1-zoned live/work configuration with a versatile layout. The approximately 2,320-square-foot building includes main-level office space with tall ceilings and a private bathroom. An attached heated/cooled garage/shop area provides additional workspace, featuring a 14-foot ceiling. Also included is a brand-new, insulated 9x10 garage door with a WiFi-enabled opener.
The second level is a fully renovated one-bedroom loft-style apartment. The unit includes a brand-new set of Whirlpool appliances, making it move-in ready as either part of a live/work plan or as a separate rental opportunity.
Designed for owners who want to combine business operations with personal use or rental income, this property supports multiple day-to-day needs under one roof. The combination of office functionality, a substantial heated/cooled work area, and an upstairs residence gives tenants, professionals, and investors a flexible option in a mixed-use setting. With updated interiors and straightforward on-site access to the garage/shop area, the building is well suited for a small office user, a service operator, or an owner-occupant seeking an integrated workspace and living space.
The second level is a fully renovated one-bedroom loft-style apartment. The unit includes a brand-new set of Whirlpool appliances, making it move-in ready as either part of a live/work plan or as a separate rental opportunity.
Designed for owners who want to combine business operations with personal use or rental income, this property supports multiple day-to-day needs under one roof. The combination of office functionality, a substantial heated/cooled work area, and an upstairs residence gives tenants, professionals, and investors a flexible option in a mixed-use setting. With updated interiors and straightforward on-site access to the garage/shop area, the building is well suited for a small office user, a service operator, or an owner-occupant seeking an integrated workspace and living space.
Key Highlights
- 2,320 SF B1‑zoned commercial building in Port Huron, formerly a law office
- Main‑level office with tall ceilings and a private bathroom
- Attached heated/cooled garage/shop 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
NOI $28,105 @ 7.0% cap · market cap 12.22%
Second Best
Mixed Use
$228.7K
$200.1K – $266.8K
NOI $16,008 @ 7.0% cap · market cap 6.96%
Theoretical Best
Multifamily LT 5
$1.74M
$1.53M – $2.03M
NOI $122,087 @ 7.0% cap · market cap 53.10%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Black Law PLLC
Law Firm
Oak Desk Planning
Consultant
Similar For Sale Nearby
FAQs
What type of property is this?
Live-work space - B1-zoned building combining a main-level office and an attached heated/cooled shop with a renovated one-bedroom loft above.
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: 2,320 SF B1‑zoned commercial building in Port Huron, formerly a law office; Main‑level office with tall ceilings and a private bathroom; Attached heated/cooled garage/shop with a 14‑foot ceiling
