933 Pine Grove Ave, Port Huron, MI 48060
6,865 SF commercial office building in downtown Port Huron.
- 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
Listing agent Korissa Kramer License #6502386241 (810) 531-4090
Listing office Kramer Commercial Realty (810) 531-4090
Listing date Mar 19, 2025
Source Cpix.resimplifi
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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
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Port Huron
- County
- St. Clair
- State
- Michigan
- Longitude
- -82.425354
- Latitude
- 42.983347