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    Mixed-Use Rental Building with Apartment Title is generated by Realmo AI

    30 N Ridge Street, Port Sanilac, MI 48469

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    New
    Pending
    $169,000

    COMMERCIAL - Port Sanilac, MI

    Property size:
    1,800 SF
    Lot size:
    0.19 Acres
    Added:
    Jun 20, 2026
    Days on Market:
    5
    Last Refresh:
    Jun 24 at 6:06 am

    Property Features for 30 N Ridge Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Rooms
    Basement
    Standard status
    Pending
    APN
    212-270-000-001-00
    Size
    1,800 SF
    Lot size
    0.19 Acres

    Utilities

    Cooling system
    Central Air
    Water source
    Public

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    Listing Contact
    Penny Schwarzentraub

    Listing agent Penny Schwarzentraub License #6502112481

    Listing office Town & Country Realty-Lexington 5543 Main St, MI

    Listing date Jun 20, 2026

    MLS# 50212349

    Copyright © 2026 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Commercial building with 2 business rentals and an apartment
    • Public water
    • Central air cooling
    • Basement

    Overview

    This mixed-use rental building includes two business rental spaces and an apartment. The property provides on-site housing alongside commercial income potential, making it a useful fit for owners looking for a combined residential and business setup in a single structure. Total building size is listed at 1,800 square feet, with a lot size of 0.19 acres.

    The building is located just north of a traffic light in Port Sanilac, Michigan, placing it within the village area. The property address is 30 N Ridge Street, Port Sanilac, MI 48469, in Sanilac County.

    For buyers, this configuration may appeal to investors seeking a property that can support both commercial tenants and an apartment under one roof. For operators, the presence of dedicated business rental space alongside a residential unit can help diversify day-to-day leasing within the same asset. Prospective tenants and brokers should review the unit layout and lease terms directly with the seller, as no further details about the individual spaces are provided in the listing information.

    Local Financial Insights For Apartment 5plus

    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 $17.3k $9.60
    − Vacancy −$1.4k −$0.77
    EGI $15.9k $8.83
    − OpEx −$7.2k −$3.97
    NOI $8.7k $4.86
    1,800 SF · lease $9.60/SF/yr · vacancy 8.00% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $124.9K
    $109.3K – $145.7K (±1% cap)
    NOI $8,744 @ 7.0% cap · market cap 5.17%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $382.3K
    $334.5K – $446.0K (±1% cap)
    NOI $26,760 @ 7.0% cap · market cap 15.83%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Schillinger Insurance Agency ... Insurance Agency Team Sunrise Real Estate Agency

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Port Sanilac
    County
    Sanilac
    State
    Michigan
    Longitude
    -82.542009
    Latitude
    43.431591

    FAQs

    What type of property is this?
    Residential income property - Mixed-use building offering two business rentals plus an apartment in the village core.
    Where is this residential income property located?
    The property is located at 30 N Ridge Street Port Sanilac, MI.
    What is the asking price?
    The asking price for this property is $169,000.
    What are key features of this property?
    This property features: Commercial building with 2 business rentals and an apartment; Public water; Central air cooling
    More about this property
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