Freestanding Retail
For Sale
$300,000
1175 Baldwin Ave, Pontiac, MI 48340
Clean, well-maintained commercial building with a flexible layout, on-site parking, and C-1 zoning along Baldwin Avenue.
Property Size1,465 SF
Price / SF$204.78
Days on Market55
Property Features for 1175 Baldwin Ave
General Information
Standard status
Active
Size
1,465 SF
Property subtype
Retail - Street Retail
Zoning
C-1
Building Details
Building Size
1,465 SF
Year Built
1950
Units
1
Listing Agency:
NAI Farbman
Listed By:
Jacob Brown · License #6501461436
(248) 351-6331
Source:
Commercialcafe
Added: Aug 22
Changed: Oct 15
Last Checked: Oct 14 at 8:33PM
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 NAI Farbman
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Investment Insights
Based on property information with market context.
This freestanding retail building contains 1,465 square feet and was built in 1950. The property is described as clean and well-maintained, with a functional interior layout that can support retail, office, service, or other commercial uses. C-1 zoning adds flexibility for commercial occupancy, while on-site parking serves customers and employees.
Positioned along Baldwin Avenue in Pontiac, the building benefits from direct frontage on a major local thoroughfare. The site provides access to surrounding neighborhoods, businesses, major employers, and regional roadways. Its standalone configuration and practical layout offer a straightforward setting for a range of commercial operations.
Positioned along Baldwin Avenue in Pontiac, the building benefits from direct frontage on a major local thoroughfare. The site provides access to surrounding neighborhoods, businesses, major employers, and regional roadways. Its standalone configuration and practical layout offer a straightforward setting for a range of commercial operations.
Key Highlights
- 1,465‑square‑foot freestanding retail building
- Built in 1950 and described as clean and well‑maintained
- C‑1 zoning supports flexible commercial use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,764
Cap Rate
5.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$315,280
$315.3K
Cap Rate 7%
$225,200
$225.2K
Cap Rate 9%
$175,156
$175.2K
Market Conditions
NOI Build-Up for 1,465 SF
Gross rent
$24.6K $16.80/SF
− Vacancy
−$2.1K −$1.43/SF
EGI
$22.5K $15.37/SF
− OpEx
−$6.8K −$4.61/SF
NOI
$15.8K $10.76/SF
Area
Oakland County, MI
Vacancy
8.50%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$315,280
Cap Rate 7%
$225,200
Cap Rate 9%
$175,156
Alternative Uses
Best Use
Retail
$225.2K
$197.1K – $262.7K
NOI $15,764 @ 7.0% cap · market cap 5.25%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$316.0K
$276.5K – $368.7K
NOI $22,119 @ 7.0% cap · market cap 7.37%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
248
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 48340, MI
26,039
Population
12,154
Households
2.1
Avg Household Size
33
Median Age
15%
College-Educated
82%
High-School Grad
7.7 sq mi
ZIP Area
3,382
Density / Sq Mi
$46,474
Median Household Income
$32,954
Median Earnings
$1,096
Median Rent
$105,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Storefront property - Clean, well-maintained commercial building with a flexible layout, on-site parking, and C-1 zoning along Baldwin Avenue.
Where is this storefront property located?
The property is located at 1175 Baldwin Ave Pontiac, MI.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 1,465‑square‑foot freestanding retail building; Built in 1950 and described as clean and well‑maintained; C‑1 zoning supports flexible commercial use
