Industrial Manufacturing Facility with
For Sale
$13,900,000
2555 20th St, Port Huron, MI 48060
144,785 SF industrial facility with cranes and ample power.
Property Size144,785 SF
Price / SF$96
Days on Market314
Property Features for 2555 20th St
General Information
Standard status
Active
Size
144,785 SF
Property subtype
Industrial
Building Details
Building Size
144,785 SF
Year Built
1980
Listing Agency:
Lee & Associates of Michigan
Listed By:
Giancarlo Pinterpe
(248) 561-5748
Source:
Lee-associates
Added: Nov 26, 2025
Changed: Oct 3
Last Checked: Oct 5 at 4:10PM
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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,030,073
Cap Rate
7.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$20,601,460
$20.6M
Cap Rate 7%
$14,715,329
$14.7M
Cap Rate 9%
$11,445,256
$11.4M
Market Conditions
NOI Build-Up for 144,785 SF
Gross rent
$1.30M $9.00/SF
− Vacancy
−$91.2K −$0.63/SF
EGI
$1.21M $8.37/SF
− OpEx
−$181.8K −$1.26/SF
NOI
$1.03M $7.11/SF
Area
St. Clair County, MI
Vacancy
7.00%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$20,601,460
Cap Rate 7%
$14,715,329
Cap Rate 9%
$11,445,256
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 authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
273
Businesses Nearby
Explore this area
Business Placement
Demographics for 48060, MI
39,775
Population
18,066
Households
2.2
Avg Household Size
39
Median Age
17%
College-Educated
89%
High-School Grad
20.7 sq mi
ZIP Area
1,921
Density / Sq Mi
$51,342
Median Household Income
$32,017
Median Earnings
$1,005
Median Rent
$152,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
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
