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Grocery and Convenience Store with Apartments
For Sale
Contact for pricing
Pending

118 Baldwin Ave, Pontiac, MI 48342

Operating market combines retail sales, check cashing services, and apartment units.

Property Size3,200 SF
Days on Market141

Property Features for 118 Baldwin Ave

General Information

Standard status Pending
Size 3,200 SF
Property subtype Retail

Additional Details

Business Included Yes
Liquor License Yes

Building Details

Buildings 1
Listing Agency: Garmo Real Estate Services
Listed By: Tommy Garmo · License #MI 6​5​0​1​4​4​1​9​5​4
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 3:54AM

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 Garmo Real Estate Services

Investment Insights

Based on property information with market context.

This fee-simple property includes an approximately 3,200 SF grocery and convenience store along with three apartment units. Two residences are positioned above the retail space, while a third is situated alongside the building. The store offers liquor, beer, wine, tobacco, lottery products, groceries, and check cashing services. All FF&E, business goodwill, and the apartment units are included in the offering; inventory is excluded.

Located at 118 Baldwin Ave in Pontiac, Michigan, the property includes an Oakland County Liquor License and the underlying building and land. The market opened in the 1960s and has remained under family ownership since 1979.

Key Highlights

  • Approximately 3,200 SF grocery and convenience store
  • Three apartment units: two above the store and one beside it
  • Retail offerings include liquor, beer, wine, tobacco, lottery products, and groceries

Property Analytics

Current Use

Baldwin Market Grocery & Convenience Store

Suggested Use

Top Pick Real Estate Agency Dental Office Hair Salon Spa & Massage Center HVAC Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

471
Businesses Nearby
Under-served
Demand for This Use

Demographics for 48342, MI

18,685
Population
7,559
Households
2.5
Avg Household Size
33
Median Age
10%
College-Educated
76%
High-School Grad
5.2 sq mi
ZIP Area
3,593
Density / Sq Mi
$33,750
Median Household Income
$29,970
Median Earnings
$851
Median Rent
$90,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Operating market combines retail sales, check cashing services, and apartment units.
Where is this grocery and convenience store located?
The property is located at 118 Baldwin Ave Pontiac, MI.
What are key features of this property?
This property features: Approximately 3,200 SF grocery and convenience store; Three apartment units: two above the store and one beside it; Retail offerings include liquor, beer, wine, tobacco, lottery products, and groceries
More about this property
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