45 N Saginaw Street Pontiac MI 48342 MLS #20261031702

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