2-4 N. Saginaw St., Pontiac

Retail-Commercial for Sale
Also listed as Office
Catylist Listing ID: 20640343
Property Subtypes: Restaurant, Tavern/Bar/Nightclub
Building Size (RSF): 11,200 SF
Sale Price: $650,000
Unit Price: $58.04 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Last Updated: 11/17/2017

Overview / Comments

• Sale price: REDUCED to $535,000
• Mixed Use building in the heart of Downtown Pontiac.
• 1st Floor is 5,500 sq. ft. restaurant/lounge with liquor license, if needed.
• Offering spacious trendy/urban Office Spaces on 2nd Floor.
• Two (2) large apartments on 3rd Floor.
• Both apartments currently leased for investment income, as well as additional income from office tenants.
• Located on the NE corner of N. Saginaw and Pike St., with ample nearby parking.
• Two storefronts away from recently opened Slow's BBQ and the Flagstar Strand Theater for the Performing Arts.
• Newly renovated building, within walking distance to shops and restaurants.
• Great owner/user/investor opportunity.
• Multi-Million Dollar Streetscape renovation complete on Saginaw Street as part of a City Beautification Project.
• Several new businesses/tenants have located to Downtown Pontiac.

Additional Details

Nearest MSA: Flint
County: Oakland
Submarket/Township: Pontiac
Submarket Type: Redevelopment District
Tax ID/APN: 14-29-477-011 & 14-29-477-010
Property Located Between: Pike and Lawrence
Property Visibility: Excellent
Largest Nearby Street: Saginaw St.
Total Number of Buildings: 2
Number of Stories: 3
Year Built: 1880
Construction/Siding: Brick
Lot Frontage: 40 ft
Lot Depth: 140 ft

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,204 84,102 183,395
Median Age: 34.4 36.88 39.3
Households: 5,293 33,182 72,169
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