Hospital-Area Medical Office
A-2609 Electric Ave Port Huron, MI 48060
A-2609 Electric Ave, Port Huron, MI, 48060
$375,000
For Sale
$375,000
Well-maintained medical office with multiple exam and appointment rooms plus dedicated waiting and administrative space.
Property Size5,780 SF
Price / SF$64.88
Days on Market314
Property Features for A-2609 Electric Ave
General Information
- Standard status
- Active
- Size
- 5,780 SF
Listing agency
Lasco Real Estate Group
(248) 840-6059
Listed by
Jennifer Lasco · License #6502402604
(248) 840-6059
Source
Exprealty
Added: Sep 11, 2025 Updated: Jul 21 at 5:30AM Checked: Jul 21 at 5:30AM
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 Lasco Real Estate Group
Investment Insights
Based on property information with market context.
This well-maintained medical office totals 5,780 square feet and is positioned within the parking lot of Lake Huron Hospital. The interior includes a large, welcoming waiting room, a spacious administrative office with built-in desks and filing systems, and numerous patient exam and appointment rooms to support a multi-doctor practice.
The building is designed for day-to-day patient flow, with neutral décor in excellent condition and ready-to-occupy space. Ample on-site parking is provided for both staff and patients, and the office benefits from being adjacent to the hospital for straightforward access and visibility.
Available for sale, the property is presented as a turnkey option for an established or expanding medical practice.
The building is designed for day-to-day patient flow, with neutral décor in excellent condition and ready-to-occupy space. Ample on-site parking is provided for both staff and patients, and the office benefits from being adjacent to the hospital for straightforward access and visibility.
Available for sale, the property is presented as a turnkey option for an established or expanding medical practice.
Key Highlights
- Well‑maintained 5,780 SF medical office positioned in the parking lot of Lake Huron Hospital
- Multiple patient exam and appointment rooms to support a multi‑doctor practice
- Large waiting room plus a spacious administrative office with built‑in desks and filing systems
Local Financial Insights For Office B
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 | $34.7k | $6.00 |
| − Vacancy | −$8.1k | −$1.41 |
| EGI | $26.5k | $4.59 |
| − OpEx | −$6.6k | −$1.15 |
| NOI | $19.9k | $3.44 |
5,780 SF · lease $6.00/SF/yr · vacancy 23.50% · expense 25.00%
Alternative Uses
Best Use
Healthcare Medical
$510.7K
$446.9K – $595.8K
NOI $35,748 @ 7.0% cap · market cap 9.53%
Second Best
Office B
$284.3K
$248.7K – $331.6K
NOI $19,898 @ 7.0% cap · market cap 5.31%
Theoretical Best
Multifamily LT 5
$4.35M
$3.80M – $5.07M
NOI $304,165 @ 7.0% cap · market cap 81.11%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Medical Office Space
Similar For Sale Nearby
FAQs
What type of property is this?
Medical Office Space - Well-maintained medical office with multiple exam and appointment rooms plus dedicated waiting and administrative space.
Where is this medical office space located?
The property is located at A-2609 Electric Ave Port Huron, MI.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Well‑maintained 5,780 SF medical office positioned in the parking lot of Lake Huron Hospital; Multiple patient exam and appointment rooms to support a multi‑doctor practice; Large waiting room plus a spacious administrative office with built‑in desks and filing systems
