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$ 349,000
Est. payment | /mo
4,900 SqFt
$ 349,000
Est. payment | /mo
4,900 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,900 sqft
Price per Sqft $71
Municipality Pontiac
Subdivision Pontiac
MLS Listing ID 20261031702
Year Built 1920
Annual Tax Amount $14,008
Lot Size 2,613 Sqft
Acres 0.06
Lot Dimensions irregular
Source Realcomp
Property Description
Positioned in the core of Downtown Pontiac, this mixed-use asset presents a strong value-add opportunity in one of Oakland County's steadily revitalizing markets, benefiting from ongoing public and private reinvestment and increasing business activity. The property features approximately 2,450 square feet of first-floor commercial space with high ceilings—ideal for retail, showroom, or office use—along with a full 2,450 square foot basement for storage or future expansion. The first floor has been fully gutted, offering a blank slate for repositioning and lease-up. A 2,400 square foot upper-level apartment is currently leased at $850/month, providing immediate income and helping offset holding costs during redevelopment. Zoned BI – Business Intensive, the property allows for a wide range of uses including retail, office, mixed-use residential, restaurants, and service businesses—maximizing flexibility and long-term upside. A well-located, income-producing asset with clear potential for value creation in a resurging downtown corridor.Highlights:Located in Downtown Pontiac, a revitalizing Oakland County market with ongoing reinvestmentValue-add mixed-use opportunity with strong upside potentialProperty Overview:±2,450 SF first-floor commercial space with high ceilings (ideal for retail, showroom, or office)±2,450 SF full basement for storage or future expansionFirst floor fully gutted—ready for custom buildoutIncome Component:±2,450 SF Second-floor apartment leased at $850/monthProvides immediate cash flow and offsets holding costsZoning & Flexibility:BI – Business Intensive zoningPermits retail, office, mixed-use, restaurants, and service businessesInvestment Appeal:Blank-slate commercial space for repositioningMultiple income streamsLocated in a growing downtown corridor with long-term upside
Location
State MI
County Oakland
Zoning Commercial,Multiple,Offic
Direction Located right off Saginaw & Huron in Downtown Pontiac
Rooms
Basement Basement
Exterior
View Y/N No
Building
Water Public
Structure Type Brick
Schools
School District Pontiac
Others
Tax ID 1429433009
Listed by Sky Property Group LLC
Nearby Locations
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