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Flex Space with Overhead Door Access

35942 Jefferson Avenue Harrison Twp, MI 48045

Claim this Listing
New
For Sale
$700,000

COMMERCIAL - Harrison Twp, MI

Property size:
9,375 SF
Lot size:
0.22 Acres
Price / SF:
$74/SF
Added:
Jul 10, 2026
Days on Market:
2
Last Refresh:
Jul 11 at 11:06 pm

Property Features for 35942 Jefferson Avenue

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
APN
17-12-30-328-005
Size
9,375 SF
Lot size
0.22 Acres

Utilities

Water source
Public

Building Details

Year built
1954

Listing agent Francis Ulicny License #6501459697

Listing office Realty Executives Home Towne Chesterfield 49940 Gratiot, Port Huron, MI

Listing date Jul 10, 2026

MLS# 50214496

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.


Investment Insights

Based on property information with market context.

For sale is a versatile flex space property totaling approximately 9,375 square feet, offering a functional layout with overhead door access. The building is positioned for a range of commercial uses, with specific suitability and permitted uses subject to municipal approval.

Located at 35942 Jefferson Avenue in Harrison Township, the property sits within the Village (V-1A) District and is described as being in the waterfront business district near Lake St. Clair, marinas, and the surrounding marine service corridor. The listing notes convenient regional access to I-94, M-59, and Metro Detroit.

Buyer and buyer’s agent are advised to independently verify all information, including zoning, permitted uses, dimensions, square footage, and intended use with Harrison Township.

Key Highlights

  • Built in 1954 commercial property with public water service
  • Approximately 9,375 SF of flexible commercial space for a variety of permitted uses (subject to municipal approval)
  • Located on heavily traveled Jefferson Avenue with prominent frontage for business exposure

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 $76.5k $8.16
− Vacancy −$4.3k −$0.46
EGI $72.2k $7.70
− OpEx −$10.8k −$1.16
NOI $61.4k $6.55
9,375 SF · lease $8.16/SF/yr · vacancy 5.60% · expense 15.00%

Alternative Uses

Best Use
Flex RnD
$1.52M
$1.33M – $1.77M (±1% cap)
NOI $106,479 @ 7.0% cap · market cap 15.21%
Second Best
Warehouse
$876.9K
$767.3K – $1.02M (±1% cap)
NOI $61,384 @ 7.0% cap · market cap 8.77%
Theoretical Best
Specialty Retail
$1.76M
$1.54M – $2.05M (±1% cap)
NOI $122,861 @ 7.0% cap · market cap 17.55%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Kent Sail Co Textile Manufacturer

Suggested Use

Real Estate Agency Dental Office Electrical Service Kitchen & Bath Showroom Parking Lot & Garage Bakery Auto Parts Store Skin Care Clinic (Bike/Boat/Book/etc) Store Big Box & Wholesale Store

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

FAQs

What type of property is this?
Flex space - Versatile flex commercial building with overhead door access and prominent frontage along Jefferson Avenue in Harrison Township.
Where is this flex space located?
The property is located at 35942 Jefferson Avenue Harrison Twp, MI.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Built in 1954 commercial property with public water service; Approximately 9,375 SF of flexible commercial space for a variety of permitted uses (subject to municipal approval); Located on heavily traveled Jefferson Avenue with prominent frontage for business exposure
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