Medical Office Suite Adjacent
2609 Electric Avenue Unit A Port Huron, MI 48060
For Sale
$375,000
Medical office suite in excellent condition with waiting area, admin office, and multiple exam rooms, plus on-site parking.
Property Size5,780 SF
Price / SF$64.88
Days on Market332
Property Features for 2609 Electric Avenue Unit A
General Information
- Standard status
- Active
- Size
- 5,780 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1975
Listing Agency:
Lasco Real Estate Group
(810) 433-9556
Listed By:
Jennifer Lasco · License #6502402604
Source:
Xome
Added: Aug 27, 2025
Changed: Jul 23
Last Checked: Jul 24 at 5:59AM
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 Lasco Real Estate Group
Investment Insights
Based on property information with market context.
This well-maintained medical office suite offers approximately 5,780 square feet and is designed for an efficient, multi-doctor practice. The interior includes a large, welcoming waiting room, a spacious administrative office with built-in desks and filing systems, and numerous patient exam and appointment rooms to support a busy clinic schedule. Neutral decor is in excellent condition, providing a move-in ready environment.
The suite is positioned in the parking lot of Lake Huron Hospital, at 2609 Electric Avenue Unit A in Port Huron, MI 48060. Ample on-site parking is available for both staff and patients, supporting convenient access for everyday visits.
For practitioners seeking a ready-to-operate medical space with a practical exam-room layout, this suite combines dedicated patient-facing areas with established administrative support within an active healthcare setting.
The suite is positioned in the parking lot of Lake Huron Hospital, at 2609 Electric Avenue Unit A in Port Huron, MI 48060. Ample on-site parking is available for both staff and patients, supporting convenient access for everyday visits.
For practitioners seeking a ready-to-operate medical space with a practical exam-room layout, this suite combines dedicated patient-facing areas with established administrative support within an active healthcare setting.
Key Highlights
- 5,780 SF medical office built in 1975 with a layout designed for a multi‑doctor practice
- Includes a large waiting room, spacious administrative office with built‑in desks and filing systems
- Multiple patient exam and appointment rooms to support a busy medical practice
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 | $34.7k | $6.00 |
| − Vacancy | −$8.1k | −$1.41 |
| EGI | $26.5k | $4.59 |
| − OpEx | −$6.6k | −$1.15 |
| NOI | $19.9k | $3.44 |
5,780 SF · lease $6.00/SF/yr · vacancy 23.50% · expense 25.00%
Alternative Uses
Best Use
Healthcare Medical
$510.7K
$446.9K – $595.8K
NOI $35,748 @ 7.0% cap · market cap 9.53%
Second Best
Office B
$284.3K
$248.7K – $331.6K
NOI $19,898 @ 7.0% cap · market cap 5.31%
Theoretical Best
Multifamily LT 5
$4.35M
$3.80M – $5.07M
NOI $304,165 @ 7.0% cap · market cap 81.11%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Piazza Brian L ...
Physician
Tamer Hamdy Mahmoud
Ophthalmologist
Kimberly A. Drenser, M.D., ...
Ophthalmologist
Shilpin Mehta
Physician
Dr. Aaron Overly
Physician
FAQs
What type of property is this?
Medical center - Medical office suite in excellent condition with waiting area, admin office, and multiple exam rooms, plus on-site parking.
Where is this medical center located?
The property is located at 2609 Electric Avenue Unit A Port Huron, MI.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 5,780 SF medical office built in 1975 with a layout designed for a multi‑doctor practice; Includes a large waiting room, spacious administrative office with built‑in desks and filing systems; Multiple patient exam and appointment rooms to support a busy medical practice
