1 N Saginaw St.

Retail-Commercial for Sale
Also listed as Office
Catylist Listing ID: 30132102
Property Subtypes: Restaurant, Street Retail, Tavern/Bar/Nightclub
Building Size (RSF): 12,200 SF
Gross Building Area: See Agent
Sale Price: $1,400,000
Unit Price: $114.75 PSF
Property Use Type: Net Leased Investment (NNN), Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/7/2018

Overview / Comments

• $350,000 renovation
• 1865 built, 2017 remodel
• 12,200 square feet total within 3 stories
• Potential for 2nd floor elevator access
• 1st floor bar/restaurant storefronts
• Key gateway to Downtown Pontiac
• Adjacent to 2 new breweries and across from Flagstar Strand Theater for the Performing Arts

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Oakland
Submarket/Township: Pontiac
Tax ID/APN: 14-29-476-025
Zoning: BI
Property Located Between: Pike & Lawrence
Side of Street: West
Road Type: Paved
Property Visibility: Good
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 3
Property Condition: Good
Year Built: 1865
Year Renovated: 2017
Total Parking Spaces: 10
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,062 84,639 182,328
Median Age: 34.59 36.6 39.39
Households: 5,243 33,325 71,671


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