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Medical Office Near Lake Huron

2609 Electric Ave A Port Huron, MI 48060

2609 Electric Ave A, Port Huron, MI, 48060
$350,000
For Sale
Claim this Listing
$350,000

Well-maintained medical office space adjacent to Lake Huron Hospital.

Property Size5,780 SF
Lot Size0.37 Acres
Price / SF$60.55
AddedMar 11
Days on Market128
Last RefreshJul 15 at 1:29 pm

Property Features for 2609 Electric Ave A

General Information

Standard status
Active
Size
5,780 SF
Lot size
0.37 Acres
Property subtype
Commercial

Building Details

Year Built
1975

Listing office Lasco Real Estate Group

Listing date Mar 11, 2026

Source Elliman

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 Lasco Real Estate Group


Investment Insights

Based on property information with market context.

This 5780 square foot medical office is located in the parking lot of Lake Huron Hospital. The space is suited for a multi-doctor practice and features a large waiting room and an administrative office with built-in desks and filing systems. There are numerous patient exam and appointment rooms. The interior features neutral decor and is in excellent condition. Ample on-site parking is available for staff and patients. The property offers visibility, easy access, and a referral base. It is a turnkey solution for expanding or establishing a practice in a medical community.

Key Highlights

  • Prime location adjacent to Lake Huron Hospital, offering outstanding visibility and easy access.
  • Move‑in ready 5780 sqft. medical office, well‑maintained and designed for efficiency.
  • Ideally suited for a multi‑doctor practice with numerous patient exam and appointment rooms.

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 $34.7k $6.00
− Vacancy −$8.1k −$1.41
EGI $26.5k $4.59
− OpEx −$6.6k −$1.15
NOI $19.9k $3.44
5,780 SF · lease $6.00/SF/yr · vacancy 23.50% · expense 25.00%

Alternative Uses

Best Use
Healthcare Medical
$510.7K
$446.9K – $595.8K (±1% cap)
NOI $35,748 @ 7.0% cap · market cap 10.21%
Second Best
Office B
$284.3K
$248.7K – $331.6K (±1% cap)
NOI $19,898 @ 7.0% cap · market cap 5.69%
Theoretical Best
Multifamily LT 5
$4.35M
$3.80M – $5.07M (±1% cap)
NOI $304,165 @ 7.0% cap · market cap 86.90%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Piazza Brian L ... Physician Tamer Hamdy Mahmoud Ophthalmologist Kimberly A. Drenser, M.D., ... Ophthalmologist Shilpin Mehta Physician Dr. Aaron Overly Physician

Suggested Use

Law Firm Real Estate Agency Restaurant Spa & Massage Center Nail Salon Hair Salon Parking Lot & Garage Kitchen & Bath Showroom Auto Parts Store Gym & Fitness Center

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

FAQs

What type of property is this?
Medical Office Space - Well-maintained medical office space adjacent to Lake Huron Hospital.
Where is this medical office space located?
The property is located at 2609 Electric Ave A Port Huron, MI.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Prime location adjacent to Lake Huron Hospital, offering outstanding visibility and easy access.; Move‑in ready 5780 sqft. medical office, well‑maintained and designed for efficiency.; Ideally suited for a multi‑doctor practice with numerous patient exam and appointment rooms.
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