45 N Saginaw Street
Pontiac, MI, 48342 $ 349,000
Bedrooms-- Baths-- Sq 4,900 Monthly Estimate*
$ 2,149
for $349,000. This 4,900 square foot building was built in 1920 on a lot size of 0.06.
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 2,400 square foot upper-level apartment 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. Highlights: Located in Downtown Pontiac, a revitalizing Oakland County market with ongoing reinvestment Value-add mixed-use opportunity with strong upside potential Property Overview: ±2,450 SF first-floor commercial space with high ceilings (ideal for retail, showroom, or office) ±2,450 SF full basement for storage or future expansion First floor fully gutted—ready for custom buildout Income Component: ±2,450 SF Second-floor apartment leased at $850/month Provides immediate cash flow and offsets holding costs Zoning & Flexibility: BI – Business Intensive zoning Permits retail, office, mixed-use, restaurants, and service businesses Investment Appeal: Blank-slate commercial space for repositioning Multiple income streams Located in a growing downtown corridor with long-term upside
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FeaturesGeneralSewer PublicSewer
Possession AtClose
Garage Spaces 0.0
Construction Materials Brick
Year Built 1920
Property Subtype RealEstateOnly
Current Use MixedUse Residential Retail
Business Type Commercial Mixed ProfessionalOffice Retail
County Oakland
Net Operating Income 0.0
Operating Expense 0.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Subdivision Name ORIGINAL PLAT-PONTIAC
Garage Y/N N
Status Active
Directions Located right off Saginaw & Huron in Downtown Pontiac
City PontiacCity_Oakland
Senior Community Y/N N
High School District Pontiac
Zoning Description Commercial Multiple Office Residential
MLS Area Area02142Pontiac
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 14008.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type MultipleOccupantTypes
Tax Assessed Value 127150
Expected Active Date 2026-05-05
Legal Description T3N R10E SEC 29 ORIGINAL PLAT LOT 88 N 18 1/4 FT OF S 36 1/2 FT
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ExteriorWater Source Public
Foundation Details Basement Poured
Spa N
Building Area Total 4900.0
Lot Dimensions irregular
Lot Size Acres 0.06
Waterfront Y/N N
Road Frontage Type ClassA Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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InteriorBasement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Above Grade Finished Area 4900.0
Above Grade Finished Area Unit Type SquareFeet
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* Excluded FeaturesList ByAustin YatoomaListing Agent
Sky Property Group LlcBroker
Affordability Calculator
- Monthly Principal & Interest
- $2,149
- Monthly Property Taxes
- $1,167
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Pontiac, MI
Average List Price $770,576
Percent of Sale Price 121%
About Pontiac, MI 59,088 Population
-11% Since 2002
$ 30,516 Median Income
35.44 Median Age
29% Households with Children
Trends Information provided by ATTOM Data Solutions.
848877 Elementary School
847985 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/5/2026 | $349,000 | | Listed Price |