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    Commercial Office Building Near Downtown Title is generated by Realmo AI

    933 Pine Grove Ave, Port Huron, MI 48060

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    For Sale
    $700,000

    6,865 SF commercial office building in downtown Port Huron.

    Type:Office, Healthcare
    Property size:
    6,865 SF
    Price / SF:
    $101/SF
    Added:
    Mar 19, 2025
    Days on Market:
    451
    Last Refresh:
    Apr 3 at 5:41 am

    Property Features for 933 Pine Grove Ave

    General Information

    Standard status
    Active
    Size
    6,865 SF
    Property subtype
    Office, Healthcare

    Building Details

    Year Built
    1980

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    Listing Contact
    Korissa Kramer
    Korissa Kramer

    Listing agent Korissa Kramer License #6502386241

    Listing office Kramer Commercial Realty

    Listing date Mar 19, 2025

    Source Cpix.resimplifi

    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 Kramer Commercial Realty

    HighLights

    • Prime location near downtown Port Huron and McLaren Hospital.
    • 6,865 square foot building suitable for a variety of commercial uses.
    • Solid brick construction with timeless appeal.
    • Expansive full basement for additional space and storage.
    • Fully sprinklered for safety.
    • Generator included.

    Overview

    This 6,865 square foot commercial office building is located near downtown Port Huron, two blocks from McLaren Hospital. The property features solid brick construction and is fully sprinklered. An expansive full basement provides additional space and ample storage. The building includes a generator. The versatile space is suitable for a variety of commercial office ventures. The property offers great visibility, making it ideal for attracting clients or customers.

    Local Financial Insights For Healthcare Medical

    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 $82.4k $12.00
    − Vacancy −$11.6k −$1.69
    EGI $70.8k $10.31
    − OpEx −$28.3k −$4.12
    NOI $42.5k $6.18
    6,865 SF · lease $12.00/SF/yr · vacancy 14.10% · expense 40.00%

    Alternative Uses

    Best Use
    Healthcare Medical
    $606.6K
    $530.7K – $707.7K (±1% cap)
    NOI $42,459 @ 7.0% cap · market cap 6.07%
    Second Best
    Office B
    $337.6K
    $295.4K – $393.9K (±1% cap)
    NOI $23,633 @ 7.0% cap · market cap 3.38%
    Theoretical Best
    Multifamily LT 5
    $5.16M
    $4.52M – $6.02M (±1% cap)
    NOI $361,261 @ 7.0% cap · market cap 51.61%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    TimeTrakGO (Bike/Boat/Book/etc) Store TimeTrak Systems, Inc. (Bike/Boat/Book/etc) Store

    Suggested Use

    Restaurant Law Firm Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Port Huron
    County
    St. Clair
    State
    Michigan
    Longitude
    -82.425354
    Latitude
    42.983347

    FAQs

    What type of property is this?
    Office building - 6,865 SF commercial office building in downtown Port Huron.
    Where is this office building located?
    The property is located at 933 Pine Grove Ave Port Huron, 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: Prime location near downtown Port Huron and McLaren Hospital.; **6,865 square foot building suitable for a variety of commercial uses.**; Solid brick construction with timeless appeal.
    More about this property
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