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Investment Highlights

  • Liquor license
  • Full kitchen
  • Facade signage

Executive Summary

Price: Accepting Offers
5,892 SF of retail space available for sale and for lease. Includes full kitchen, bar, outdoor patio seating area. Street (metered) parking directly in front of restaurant. Potential for additional private surface lot use. Multiple different uses are possible: Co-working, coffee bar, entertainment venue, distillery, office, e-commerce fulfillment, virtual entertainment, and many more. Bring your ideas!

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Lease Option
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
17,551 SF
Building Class
C
Year Built/Renovated
1920/2017
Percent Leased
33%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.88
Lot Size
0.14 AC
Opportunity Zone
Yes
Zoning
DBD - Downtown Business District
Parking
100 Spaces (5.7 Spaces per 1,000 SF Leased)
Frontage
41’ on Saginaw St

Amenities

  • Restaurant
  • Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 5,892 SF
  • Retail
  • Outparcel
  • Now

•  5,892 SF of retail space available • Includes full kitchen, bar, outdoor patio seating area • Lease comes with use of the FF&E along with use of liquor license • Facade signage • Street (metered) parking directly in front of restaurant • Potential for additional private surface lot use • $15.00/SF plus utilities

Space Size Space Use Position Available
1st Floor 5,892 SF Retail Outparcel Now

1st Floor

Size
5,892 SF
Space Use
Retail
Position
Outparcel
Available
Now

1st Floor

Size 5,892 SF
Space Use Retail
Position Outparcel
Available Now

•  5,892 SF of retail space available • Includes full kitchen, bar, outdoor patio seating area • Lease comes with use of the FF&E along with use of liquor license • Facade signage • Street (metered) parking directly in front of restaurant • Potential for additional private surface lot use • $15.00/SF plus utilities

Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Nearby Major Retailers

Anytime Fitness
PNC Bank
Fifth Third Bank

Property Taxes

Property Taxes

Parcel Number
14-29-433-006
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$371,020
  • Listing ID: 28678845

  • Date on Market: 6/6/2023

  • Last Updated:

  • Address: 51 N Saginaw St, Pontiac, MI 48342

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