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 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 ââ¬â 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 ââ¬â 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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FeaturesGeneralPossession At Close
Water Public Water
Status Active Active
Year Built 19
Subdivision Original Plat-Pontiac MI
County Oakland
Class COM/IND/BUS OPP
Type Commercial/Industrial
Ownership Private
Municipality Pontiac
Zoning Mixed Use Professional Office Commercial Residential
Sale/Rent For Sale
Status Detail 0
Area Pontiac (63142)
Primary City Pontiac
Directions Located right off Saginaw & Huron in Downtown Pontiac
City Pontiac
Financial Terms Cash Conventional
Legal Description T3N R10E SEC 29 ORIGINAL PLAT LOT 88 N 18 1/4 FT OF S 36 1/2 FT
DOM 6
Postal Code 48342
Price Per Sq Ft Total AG 71.22
Public Remarks 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
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ExteriorExterior Brick
Lot Size Area 0.06
Lot Dimensions irregular
Roads Class A Paved Street
Waterfront Y/N No
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* Excluded FeaturesList ByAustin YatoomaListing Agent
Sky Property Group LlcBroker
austin.yatooma@outlook.comEmail
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.
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/5/2026 | $349,000 | | Listed Price |