Medical Office Near
For Sale
$350,000
2609 Electric Avenue, Port Huron, MI 48060
Commercial Sale, Port Huron, MI
Property Size5,400 SF
Lot Size0.37 Acres
Price / SF$64.81
Days on Market391
Property Features for 2609 Electric Avenue
General Information
Property type
Commercial Sale
Property subtype
Office
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Interior features
Broadband
Subdivision
Car Medical BLDG Condo
Elementary school district
Port Huron
Middle school district
Port Huron
High school district
Port Huron
Directions
Please Enter Address in Navigational Tools Available. once inside the building, follow the entry hallway, make first left turn and you are at the office door.
Standard status
Active
APN
06-922-0001-000
Size
5,400 SF
Lot size
0.37 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
UNIT A C.A.R. MEDICAL BUILDING CONDOMINIUM, ST CLAIR COUNTY CONDOMINIUM SUBDIVISION PLAN NO 92 REC LIBER 1252 PAGES 896
Tax Annual Amount
11375
Legal Description
UNIT A C.A.R. MEDICAL BUILDING CONDOMINIUM, ST CLAIR COUNTY CONDOMINIUM SUBDIVISION PLAN NO 92 REC LIBER 1252 PAGES 896
Utilities
Utilities
Cable Available
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1975
Floors in Building
1
Number of units
1
Building materials
Stucco, Brick
Roof type
Composition
Listing Agency:
Lasco Real Estate Group
(810) 433-9556
Listed By:
Jennifer Lasco · License #6502402604
(248) 840-6059
Added: Sep 11, 2025
Changed: Sep 7
Last Checked: Oct 6 at 1:06AM
MLS# 25046678
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This medical office property occupies 0.37 acres and includes a substantial clinical layout with a reception and waiting area, administrative office, built-in desks, filing systems, and multiple exam or appointment rooms. Two bathrooms support daily operations, while neutral interior finishes provide a broadly adaptable setting for medical use. The building was constructed in 1975 and features stucco and brick construction, forced-air heating, central air conditioning, a composition roof, broadband, and cable availability.
The property is positioned in the parking lot of Lake Huron Hospital in Port Huron, providing direct proximity to the hospital campus. On-site parking serves staff and patients, and the location offers access to an established medical setting. The configuration is suited to a multi-doctor practice or other clinical office users.
The property is positioned in the parking lot of Lake Huron Hospital in Port Huron, providing direct proximity to the hospital campus. On-site parking serves staff and patients, and the location offers access to an established medical setting. The configuration is suited to a multi-doctor practice or other clinical office users.
Key Highlights
- 0.37‑acre medical office property positioned in the parking lot of Lake Huron Hospital
- Multiple exam and appointment rooms with a dedicated waiting area
- Administrative office includes built‑in desks and filing systems
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,590
Cap Rate
5.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$371,800
$371.8K
Cap Rate 7%
$265,571
$265.6K
Cap Rate 9%
$206,556
$206.6K
Market Conditions
NOI Build-Up for 5,400 SF
Gross rent
$32.4K $6.00/SF
− Vacancy
−$7.6K −$1.41/SF
EGI
$24.8K $4.59/SF
− OpEx
−$6.2K −$1.15/SF
NOI
$18.6K $3.44/SF
Area
St. Clair County, MI
Vacancy
23.50%
Lease Rate
$6.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$371,800
Cap Rate 7%
$265,571
Cap Rate 9%
$206,556
Alternative Uses
Best Use
Healthcare Medical
$477.1K
$417.5K – $556.6K
NOI $33,398 @ 7.0% cap · market cap 9.54%
Second Best
Office B
$265.6K
$232.4K – $309.8K
NOI $18,590 @ 7.0% cap · market cap 5.31%
Theoretical Best
Multifamily LT 5
$4.06M
$3.55M – $4.74M
NOI $284,168 @ 7.0% cap · market cap 81.19%
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
426
Businesses Nearby
Under-served
Demand for This Use
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
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Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Configured with patient rooms, administrative space, and on-site parking.
Where is this medical office space located?
The property is located at 2609 Electric Avenue 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: 0.37‑acre medical office property positioned in the parking lot of Lake Huron Hospital; Multiple exam and appointment rooms with a dedicated waiting area; Administrative office includes built‑in desks and filing systems
