Commercial Office Building Near
933 Pine Grove Ave Port Huron, MI 48060
For Sale
$700,000
6,865 SF commercial office building in downtown Port Huron.
Property Size6,865 SF
Price / SF$101.97
Days on Market498
Property Features for 933 Pine Grove Ave
General Information
Standard status
Active
Size
6,865 SF
Property subtype
Office, Healthcare
Building Details
Year Built
1980
Listing Agency:
Kramer Commercial Realty
(810) 531-4090
Listed By:
Korissa Kramer · License #6502386241
(810) 531-4090
Source:
Cpix.resimplifi
Added: Mar 19, 2025
Changed: Jul 10
Last Checked: Jul 29 at 3:34AM
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 Kramer Commercial Realty
Investment Insights
Based on property information with market context.
This 6,865 square foot commercial office building is located near downtown Port Huron, two blocks from McLaren Hospital. The property features solid brick construction and is fully sprinklered. An expansive full basement provides additional space and ample storage. The building includes a generator. The versatile space is suitable for a variety of commercial office ventures. The property offers great visibility, making it ideal for attracting clients or customers.
Key Highlights
- Prime location near downtown Port Huron and McLaren Hospital.
- 6,865 square foot building suitable for a variety of commercial uses.
- Solid brick construction with timeless appeal.
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 | $41.2k | $6.00 |
| − Vacancy | −$9.7k | −$1.41 |
| EGI | $31.5k | $4.59 |
| − OpEx | −$7.9k | −$1.15 |
| NOI | $23.6k | $3.44 |
6,865 SF · lease $6.00/SF/yr · vacancy 23.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$337.6K
$295.4K – $393.9K
NOI $23,633 @ 7.0% cap · market cap 3.38%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$5.16M
$4.52M – $6.02M
NOI $361,261 @ 7.0% cap · market cap 51.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - 6,865 SF commercial office building in downtown Port Huron.
Where is this office building located?
The property is located at 933 Pine Grove Ave Port Huron, MI.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Prime location near downtown Port Huron and McLaren Hospital.; **6,865 square foot building suitable for a variety of commercial uses.**; Solid brick construction with timeless appeal.
