Light Industrial Buildings with Overhead
3319 Dove Street Port Huron, MI 48060
3319 Dove Street, Port Huron, MI, 48060
$1,300,000
For Sale
$1,300,000
COMMERCIAL - Port Huron, MI
Property Size14,900 SF
Lot Size0.37 Acres
Price / SF$87.25
Days on Market84
Property Features for 3319 Dove Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- 28-840-0005-002
- Size
- 14,900 SF
- Lot size
- 0.37 Acres
Utilities
- Heating system
- Forced Air
- Water source
- Public
Building Details
- Year built
- 2004
- Roof type
- Shingle
Listing Agency
Pilot Property Group - Residential LLC
(586) 254-0900
38600 Van Dyke Ste 325, Shelby Twp, MI
Listed by
Anthony Rubino · License #6502425251
(586) 873-5419
Added: Apr 27 Checked: Jul 19 at 4:06 pm
MLS# 50205508
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Investment Insights
Based on property information with market context.
The property consists of four industrial buildings totaling approximately 14,900 square feet, including three buildings of approximately 3,600 square feet and one building of approximately 4,100 square feet. Each building features 16-foot ceiling heights, large overhead doors, heating, and ample on-site parking. The site also includes approximately 0.75 acres of undeveloped land behind the buildings, which may support future expansion or outdoor storage needs.
The property is zoned I-L (Light Industrial). It is described as providing convenient access to the Blue Water Bridge international border crossing to Canada, as well as I-94 and I-69.
Currently, the property is 75% occupied, with two tenants on new three-year lease agreements. The remaining unit(s) provide space that may be available for additional tenanting depending on lease status. With overhead door access, heated interiors, and parking, the configuration can fit a range of industrial or contractor users seeking multiple buildings on one light industrial site.
The property is zoned I-L (Light Industrial). It is described as providing convenient access to the Blue Water Bridge international border crossing to Canada, as well as I-94 and I-69.
Currently, the property is 75% occupied, with two tenants on new three-year lease agreements. The remaining unit(s) provide space that may be available for additional tenanting depending on lease status. With overhead door access, heated interiors, and parking, the configuration can fit a range of industrial or contractor users seeking multiple buildings on one light industrial site.
Key Highlights
- Four industrial buildings totaling approx. 14,900 SF: three buildings ~3,600 SF and one ~4,100 SF
- 16‑foot ceiling heights and large overhead doors in each building, supported by forced‑air heat
- Zoned I‑L (Light Industrial) and includes approx. 0.75 acres of undeveloped land behind the buildings
Local Financial Insights For Warehouse
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 | $134.1k | $9.00 |
| − Vacancy | −$9.4k | −$0.63 |
| EGI | $124.7k | $8.37 |
| − OpEx | −$18.7k | −$1.26 |
| NOI | $106.0k | $7.11 |
14,900 SF · lease $9.00/SF/yr · vacancy 7.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.51M
$1.33M – $1.77M
NOI $106,006 @ 7.0% cap · market cap 8.15%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$11.20M
$9.80M – $13.07M
NOI $784,092 @ 7.0% cap · market cap 60.31%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Warehouse - Four 16-foot ceiling industrial buildings with heating and ample parking, suited for contractor and light industrial uses.
Where is this warehouse located?
The property is located at 3319 Dove Street Port Huron, MI.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Four industrial buildings totaling approx. 14,900 SF: three buildings ~3,600 SF and one ~4,100 SF; 16‑foot ceiling heights and large overhead doors in each building, supported by forced‑air heat; Zoned I‑L (Light Industrial) and includes approx. 0.75 acres of undeveloped land behind the buildings