17 S. Saginaw in Downtown Pontiac

Office for Sale
Also listed as Special Purpose
Catylist Listing ID: 30128298
Property Subtypes: Medical, Office Building
Building Size (RSF): 22,400 SF
Gross Building Area: See Agent
Gross Land Area: 0.25 Acres
Sale Price: $1,322,000
Unit Price: $59.02 PSF
Property Use Type: Vacant/Owner-User
Building Name: 17 S. Saginaw in Downtown Pontiac
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/18/2017

Overview / Comments

• Sale Price: $1,322,000 / 22,400 sq. ft. = $59.02/sq. ft.
• Existing building was most recently master leased to Oakland Community College.
• Owner/user currently on 2 floor. Owner/user can remain in building as tenant or vacate if total building interest
• Building consists of 3 floors plus an improved lower level.
• Each floor plate is 5,600 square feet (LL approximates 4,800 usable sq. ft.).
• Currently there are elevators to all floors plus a freight elevator; the building is fully handicap compliant and contains general lunch areas.

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Oakland
Submarket/Township: Pontiac
Tax ID/APN: 14-29-480-005
Zoning: DOWNTOWN BUSINESS DISTRICT
Property Located Between: Waters St. and E. Pike
Road Type: Paved
Property Visibility: Excellent
Total Number of Buildings: 1
Number of Stories: 3
Typical SF / Floor: 5,600 SF
Year Built: 1920
Year Renovated: 2010

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,914 84,102 187,130
Median Age: 34.43 36.88 39.64
Households: 5,553 33,182 73,667

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