Industrial Manufacturing Facility with
2555 20th St Port Huron, MI 48060
2555 20th St, Port Huron, MI, 48060
$13,900,000
For Sale
$13,900,000
144,785 SF industrial facility with cranes and ample power.
Property Size144,785 SF
Price / SF$96
Days on Market237
Property Features for 2555 20th St
General Information
- Standard status
- Active
- Size
- 144,785 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1980
Listing agency
Lee & Associates of Michigan
(248) 561-5748
Listed by
Giancarlo Pinterpe
(248) 561-5748
Source
Lee-associates
Added: Nov 26, 2025 Updated: Jul 6 at 10:39AM Checked: Jul 21 at 5:38AM
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 Lee & Associates of Michigan
Investment Insights
Based on property information with market context.
This 144,785 square foot industrial manufacturing facility includes 30,000 square feet of office space. The building features four 12x14 foot overhead doors and one internal dock for loading and maneuvering. It is equipped with three 20-ton bridge cranes with 5-ton auxiliary hoists, as well as fourteen 2-ton jib cranes for material handling. Bus duct power distribution is installed throughout the shop floor, providing electrical capacity. Each bay has utility access, including compressed air, water, and electrical connections. Located east of I-94, this property presents a possible sale/leaseback opportunity.
Key Highlights
- 144,785 SF Industrial Manufacturing Facility with 30,000 SF of Office Space
- Benefit from three 20‑ton bridge cranes with 5‑ton auxiliary hoists
- Bus duct power distribution throughout shop
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 | $1.30M | $9.00 |
| − Vacancy | −$91.2k | −$0.63 |
| EGI | $1.21M | $8.37 |
| − OpEx | −$181.8k | −$1.26 |
| NOI | $1.03M | $7.11 |
144,785 SF · lease $9.00/SF/yr · vacancy 7.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$14.72M
$12.88M – $17.17M
NOI $1,030,073 @ 7.0% cap · market cap 7.41%
Second Best
Industrial
$12.12M
$10.60M – $14.14M
NOI $848,295 @ 7.0% cap · market cap 6.10%
Theoretical Best
Multifamily LT 5
$108.84M
$95.24M – $126.99M
NOI $7,619,115 @ 7.0% cap · market cap 54.81%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
RE AUTOMATED
Industrial Manufacturer
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FAQs
What type of property is this?
Manufacturing property - 144,785 SF industrial facility with cranes and ample power.
Where is this manufacturing property located?
The property is located at 2555 20th St Port Huron, MI.
What is the asking price?
The asking price for this property is $13,900,000.
What are key features of this property?
This property features: 144,785 SF Industrial Manufacturing Facility with 30,000 SF of Office Space; Benefit from **three 20‑ton bridge cranes with 5‑ton auxiliary hoists**; Bus duct power distribution throughout shop
