Spacious Retail/Office Space in
For Sale
Contact for pricing
108 N Saginaw St, Pontiac, MI
7,039 SF retail/office space with finished lower level.
Property Size15,478 SF
Lot Size0.19 Acres
Price / SF$54.92
Days on Market329
Property Features for 108 N Saginaw St
General Information
Standard status
Active
Size
15,478 SF
Lot size
0.19 Acres
Property subtype
RETAIL
Listing Agency:
SVN-Cohn Commercial Properties
(248) 851-5000
Listed By:
Harry Cohn · License #07986251
(248) 818-0010
Source:
Moodyscre
Added: Nov 10, 2025
Changed: Sep 5
Last Checked: Oct 5 at 7:40PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN-Cohn Commercial Properties
Investment Insights
Based on property information with market context.
The property offers 7,039 square feet on the first floor, complemented by 7,739 square feet of finished lower-level space, providing adaptable layout possibilities suitable for various purposes. Originally designed and constructed by the Taubman Companies, the building features 71 feet of frontage on Saginaw Street. Rear parking enhances convenience for both employees and customers. This presents an ideal opportunity for a retail or office user seeking a prominent location in the heart of Pontiac. The total property size is 15,478 square feet.
Key Highlights
- Substantial space: 7,039 SF on the first floor plus 7,739 SF finished lower level.
- Prime location in the heart of Pontiac.
- 71' of frontage on Saginaw.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,283
Cap Rate
6.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,065,660
$1.1M
Cap Rate 7%
$761,186
$761.2K
Cap Rate 9%
$592,033
$592.0K
Market Conditions
NOI Build-Up for 15,478 SF
Gross rent
$92.9K $6.00/SF
− Vacancy
−$21.8K −$1.41/SF
EGI
$71.0K $4.59/SF
− OpEx
−$17.8K −$1.15/SF
NOI
$53.3K $3.44/SF
Area
Oakland County, MI
Vacancy
23.50%
Lease Rate
$6.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,065,660
Cap Rate 7%
$761,186
Cap Rate 9%
$592,033
Alternative Uses
Best Use
Retail
$2.38M
$2.08M – $2.78M
NOI $166,549 @ 7.0% cap · market cap 19.59%
Second Best
Office B
$761.2K
$666.0K – $888.1K
NOI $53,283 @ 7.0% cap · market cap 6.27%
Theoretical Best
Specialty Retail
$3.34M
$2.92M – $3.89M
NOI $233,693 @ 7.0% cap · market cap 27.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,268
Businesses Nearby
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Retail space - 7,039 SF retail/office space with finished lower level.
Where is this retail space located?
The property is located at 108 N Saginaw St Pontiac, MI.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Substantial space: **7,039 SF on the first floor plus 7,739 SF finished lower level.**; Prime location in the heart of Pontiac.; 71' of frontage on Saginaw.
