Auto Repair Corner
2569 Lapeer Ave Port Huron, MI 48060
For Sale
$210,000
Corner property suited for an auto repair or detail shop with a newly installed Duralast roof and skylights.
Property Size2,204 SF
Price / SF$95.28
Days on Market348
Property Features for 2569 Lapeer Ave
General Information
- Standard status
- Active
- Size
- 2,204 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1968
Listing Agency:
Kramer Commercial Realty
(810) 434-8560
Listed By:
Gerry Kramer
(810) 434-8560
Source:
Cpix.resimplifi
Added: Aug 11, 2025
Changed: Jul 23
Last Checked: Jul 23 at 9:38AM
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 Kramer Commercial Realty
Investment Insights
Based on property information with market context.
This auto-focused corner property is well suited for an auto repair or detail shop. The building includes a newly installed Duralast roof and skylights, providing updated overhead roofing and natural light through the skylight openings.
The listing notes good visibility for the location, supported by its corner setting.
The seller is offering the property for sale. Owner/Broker represented.
The listing notes good visibility for the location, supported by its corner setting.
The seller is offering the property for sale. Owner/Broker represented.
Key Highlights
- Corner property suited for an auto repair or detail shop
- Year built: 1968
- New Duralast roof installed
Financial Insights For Industrial
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 | $19.8k | $9.00 |
| − Vacancy | −$1.4k | −$0.63 |
| EGI | $18.4k | $8.37 |
| − OpEx | −$5.5k | −$2.51 |
| NOI | $12.9k | $5.86 |
2,204 SF · lease $9.00/SF/yr · vacancy 7.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$407.0K
$356.1K – $474.9K
NOI $28,491 @ 7.0% cap · market cap 13.57%
Second Best
Industrial
$184.5K
$161.4K – $215.2K
NOI $12,913 @ 7.0% cap · market cap 6.15%
Theoretical Best
Multifamily LT 5
$1.66M
$1.45M – $1.93M
NOI $115,983 @ 7.0% cap · market cap 55.23%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Peak Performance
Auto Repair Shop
Similar Off Market Nearby
- Hendersons Auto Care — 1504 24th St, Port Huron, MI 48060
- Mph Auto & Truck Repair, Llc — 1577 24th St, Port Huron, MI 48060
- Tow-N-Go Solutions — 3350 Griswold Rd, Port Huron, MI 48060
- Lee's Auto & Truck Repair — 2403 Griswold St, Port Huron, MI 48060
- South Port Pennzoil — 1510 24th St, Port Huron, MI 48060
FAQs
What type of property is this?
Auto shop - Corner property suited for an auto repair or detail shop with a newly installed Duralast roof and skylights.
Where is this auto shop located?
The property is located at 2569 Lapeer Ave Port Huron, MI.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: Corner property suited for an auto repair or detail shop; Year built: 1968; New Duralast roof installed
