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1 N Saginaw Street 1 N Saginaw St 12,200 SF 64% Leased Office Building Pontiac, MI 48342 $1,400,000 ($114.75/SF)

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INVESTMENT HIGHLIGHTS

  • Potential liquor license available
  • Huron St & Saginaw St see over 42,000 vehicles per day
  • Average household income within 5 miles is $81,010

EXECUTIVE SUMMARY

Historic District/opportunity zone/ potential tax benefits. Elevator access to all floors. Individual private loft offices are available. Bar/restaurant storefront spaces available. Adjacent to 2 new breweries and across from Flagstar Strand Theatre for the Performing Arts. At the Corner of “Main & Main” in Downtown Pontiac.

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Lease Option
Property Type
Office
Building Size
12,200 SF
Building Class
B
Year Built/Renovated
1865/2017
Price
$1,400,000
Price Per SF
$114.75
Percent Leased
64%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
4,066 SF
Building FAR
2.00
Lot Size
0.14 AC
Opportunity Zone
Yes
Zoning
BI - Business Intensive
Parking
10 Spaces (0.82 Spaces per 1,000 SF Leased)

ABOUT 1 N SAGINAW ST , PONTIAC, MI 48342

• $350,000 renovation in 2017 • Historic District/opportunity zone/ potential tax benefits • 12,200 square feet total within 3 stories • 3,455 square feet available • Elevator access to all floors •12,200 square feet total within 3 stories • Individual private loft offices available • Two bar/restaurant storefront spaces available • Adjacent to 2 new breweries and across from Flagstar Strand Theatre for the Performing Arts • At the Corner of “Main & Main” in Downtown Pontiac

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Allstar Private Investigations
  • -
  • -
  • -
  • -
  • Coyote Club
  • -
  • -
  • -
  • -
  • Fed Brothers Construction
  • -
  • -
  • -
  • -
  • Ovshinsky Technologies Llc
  • -
  • -
  • -
  • -
  • Right Direction Development Llc
  • -
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Allstar Private Investigations - - - -
Coyote Club - - - -
Fed Brothers Construction - - - -
Ovshinsky Technologies Llc - - - -
Right Direction Development Llc - - - -

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • Ground
  • 3,639 SF
  • Retail
  • Partial Build-Out
  • 90 Days
  • 1st Floor
  • 3,998 SF
  • Office
  • Partial Build-Out
  • Now

• $350,000 renovation • 1865 built, 12,200 sf, 3 story • Potential for 2nd floor elevator access • Individual private loft offices available • 2 bar/restaurant storefront spaces available • Key gateway to downtown

  • 2nd Fl-Ste 202
  • 250 SF
  • Office
  • -
  • 60 Days
  • 2nd Fl-Ste 203
  • 175 SF
  • Office
  • -
  • 60 Days
  • 2nd Fl-Ste 204
  • 152 SF
  • Office
  • Partial Build-Out
  • 30 Days

• $350,000 renovation • 1865 built, 12,200 sf, 3 story • Potential for 2nd floor elevator access • Individual private loft offices available • 2 bar/restaurant storefront spaces available • Key gateway to downtown

  • 2nd Fl-Ste 205
  • 135 SF
  • Office
  • Partial Build-Out
  • Now

$450/month. • $350,000 renovation • 1865 built, 12,200 sf, 3 story • Potential for 2nd floor elevator access • Individual private loft offices available • 2 bar/restaurant storefront spaces available • Key gateway to downtown

  • 2nd Fl-Ste 206
  • 150 SF
  • Office
  • -
  • 90 Days
  • 2nd Fl-Ste 207
  • 300 SF
  • Office
  • Partial Build-Out
  • Now

$450/month. • $350,000 renovation • 1865 built, 12,200 sf, 3 story • Potential for 2nd floor elevator access • Individual private loft offices available • 2 bar/restaurant storefront spaces available • Key gateway to downtown

  • 2nd Fl-Ste 210
  • 250 SF
  • Office
  • -
  • 90 Days
Space Size Space Use Condition Available
Ground 3,639 SF Retail Partial Build-Out 90 Days
1st Floor 3,998 SF Office Partial Build-Out Now
2nd Fl-Ste 202 250 SF Office - 60 Days
2nd Fl-Ste 203 175 SF Office - 60 Days
2nd Fl-Ste 204 152 SF Office Partial Build-Out 30 Days
2nd Fl-Ste 205 135 SF Office Partial Build-Out Now
2nd Fl-Ste 206 150 SF Office - 90 Days
2nd Fl-Ste 207 300 SF Office Partial Build-Out Now
2nd Fl-Ste 210 250 SF Office - 90 Days

Ground

Size
3,639 SF
Space Use
Retail
Condition
Partial Build-Out
Available
90 Days

1st Floor

Size
3,998 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

2nd Fl-Ste 202

Size
250 SF
Space Use
Office
Condition
-
Available
60 Days

2nd Fl-Ste 203

Size
175 SF
Space Use
Office
Condition
-
Available
60 Days

2nd Fl-Ste 204

Size
152 SF
Space Use
Office
Condition
Partial Build-Out
Available
30 Days

2nd Fl-Ste 205

Size
135 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

2nd Fl-Ste 206

Size
150 SF
Space Use
Office
Condition
-
Available
90 Days

2nd Fl-Ste 207

Size
300 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

2nd Fl-Ste 210

Size
250 SF
Space Use
Office
Condition
-
Available
90 Days

1st Floor

Size 3,998 SF
Space Use Office
Condition Partial Build-Out
Available Now

• $350,000 renovation • 1865 built, 12,200 sf, 3 story • Potential for 2nd floor elevator access • Individual private loft offices available • 2 bar/restaurant storefront spaces available • Key gateway to downtown

2nd Fl-Ste 204

Size 152 SF
Space Use Office
Condition Partial Build-Out
Available 30 Days

• $350,000 renovation • 1865 built, 12,200 sf, 3 story • Potential for 2nd floor elevator access • Individual private loft offices available • 2 bar/restaurant storefront spaces available • Key gateway to downtown

2nd Fl-Ste 205

Size 135 SF
Space Use Office
Condition Partial Build-Out
Available Now

$450/month. • $350,000 renovation • 1865 built, 12,200 sf, 3 story • Potential for 2nd floor elevator access • Individual private loft offices available • 2 bar/restaurant storefront spaces available • Key gateway to downtown

2nd Fl-Ste 207

Size 300 SF
Space Use Office
Condition Partial Build-Out
Available Now

$450/month. • $350,000 renovation • 1865 built, 12,200 sf, 3 story • Potential for 2nd floor elevator access • Individual private loft offices available • 2 bar/restaurant storefront spaces available • Key gateway to downtown

Walk Score®
Very Walkable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
14-29-476-042
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$296,770
  • Listing ID: 7759852

  • Date on Market: 6/21/2017

  • Last Updated:

  • Address: 1 N Saginaw St, Pontiac, MI 48342

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