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45 N Saginaw St
Pontiac, MI 48342
Office Property For Sale


Investment Highlights
- Permits retail, office, mixed-use, restaurants, and service businesses
- ±2,450 SF first-floor commercial space with high ceilings (ideal for retail, showroom, or office)
- Located in a growing downtown corridor with long-term upside
- Value-add mixed-use opportunity with strong upside potential
- ±2,450 SF Second-floor apartment leased at $850/month
- Blank-slate commercial space for repositioning
Executive Summary
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 2,450 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 reinvestment
Value-add mixed-use opportunity with strong upside potential
Property 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 expansion
First floor fully gutted—ready for custom buildout
Income Component:
Second-floor apartment leased at $850/month
Provides immediate cash flow and offsets holding costs
Zoning & Flexibility:
BI – Business Intensive zoning
Permits retail, office, mixed-use, restaurants, and service businesses
Investment Appeal:
Blank-slate commercial space for repositioning
Multiple income streams
Located in a growing downtown corridor with long-term upside
Highlights:
Located in Downtown Pontiac, a revitalizing Oakland County market with ongoing reinvestment
Value-add mixed-use opportunity with strong upside potential
Property 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 expansion
First floor fully gutted—ready for custom buildout
Income Component:
Second-floor apartment leased at $850/month
Provides immediate cash flow and offsets holding costs
Zoning & Flexibility:
BI – Business Intensive zoning
Permits retail, office, mixed-use, restaurants, and service businesses
Investment Appeal:
Blank-slate commercial space for repositioning
Multiple income streams
Located in a growing downtown corridor with long-term upside
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
4,900 SF
Building Class
C
Year Built
1920
Price
$349,000
Price Per SF
$71.22
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,450 SF
Slab To Slab
9’
Building FAR
1.87
Lot Size
0.06 AC
Opportunity Zone
Yes
Zoning
BI - Business & Intensive
Parking
5 Spaces (1.02 Spaces per 1,000 SF Leased)
Amenities
- Signage
Property Taxes
| Parcel Number | 14-29-433-009 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $127,720 |
Property Taxes
Parcel Number
14-29-433-009
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$127,720
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