MLS # 20261031702 (Realcomp)

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 has 2 apartments. Unit 1 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.
Source: SparkMLS
Currently offered at $349,000.
Annual property taxes run approximately $14,008 ($1,167/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
Source: Public Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Austin Yatooma
Sky Property Group LLC
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
45 N Saginaw Street, Pontiac, MI 48342
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Municipality
Pontiac
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County
Oakland County
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