Storefront Building with Leased
2110 Stone St Port Huron, MI 48060
For Sale
$399,000
Highly visible storefront building with flexible interior space, plus an adjacent fully leased duplex generating rental income.
Property Size1,968 SF
Price / SF$202.74
Days on Market53
Property Features for 2110 Stone St
General Information
Standard status
Active
Size
1,968 SF
Property subtype
Multifamily, Office
Listing Agency:
Kramer Commercial Realty
(810) 531-4090
Listed By:
Korissa Kramer · License #6502386241
(810) 531-4090
Source:
Cpix.resimplifi
Added: Jun 5
Changed: Jul 10
Last Checked: Jul 26 at 3:04AM
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.
2110-2112 Stone Street includes approximately 1,968 square feet of commercial space paired with an adjacent duplex that is currently occupied. The commercial portion is designed around a highly visible storefront with expansive display windows and updated exterior finishes. Interior space is described as having flexible floor plans, supporting a range of commercial uses such as retail, office, professional services, creative studio, showroom, and specialty or contractor-oriented operations.
The property’s street-facing storefront provides prominent presentation for a business seeking customer visibility. In addition, the nearby duplex tenancy is presented as providing immediate rental income of $2,350 per month, which may help offset operating expenses and debt service.
For buyers considering a mixed-use owner-operator or income-oriented setup, this configuration offers both operational space and a separate leased residential component. The storefront and display windows support businesses that benefit from walk-in or retail-style exposure, while the flexible floor plans may accommodate office, services, creative, showroom, and other specialty commercial needs within the commercial building.
The property’s street-facing storefront provides prominent presentation for a business seeking customer visibility. In addition, the nearby duplex tenancy is presented as providing immediate rental income of $2,350 per month, which may help offset operating expenses and debt service.
For buyers considering a mixed-use owner-operator or income-oriented setup, this configuration offers both operational space and a separate leased residential component. The storefront and display windows support businesses that benefit from walk-in or retail-style exposure, while the flexible floor plans may accommodate office, services, creative, showroom, and other specialty commercial needs within the commercial building.
Key Highlights
- Commercial building offers approximately 1,968 SF of flexible interior space for a variety of commercial uses
- Highly visible storefront with expansive display windows
- Updated exterior finishes
Financial Insights For Retail
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 | $37.3k | $18.96 |
| − Vacancy | −$970 | −$0.49 |
| EGI | $36.3k | $18.47 |
| − OpEx | −$10.9k | −$5.54 |
| NOI | $25.4k | $12.93 |
1,968 SF · lease $18.96/SF/yr · vacancy 2.60% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.48M
$1.29M – $1.73M
NOI $103,563 @ 7.0% cap · market cap 25.96%
Second Best
Apartment 5plus
$1.36M
$1.19M – $1.59M
NOI $95,359 @ 7.0% cap · market cap 23.90%
Theoretical Best
—
—
same as Best Use
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?
Duplex - Highly visible storefront building with flexible interior space, plus an adjacent fully leased duplex generating rental income.
Where is this duplex located?
The property is located at 2110 Stone St Port Huron, MI.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Commercial building offers approximately 1,968 SF of flexible interior space for a variety of commercial uses; Highly visible storefront with expansive display windows; Updated exterior finishes
