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Pontiac Commercial Building For Sale

179 EDISON St Pontiac, MI 48342

179 EDISON St, Pontiac, MI, 48342
$200,000
For Sale
Claim this Listing
$200,000

Vacant building with potential for residential, retail, office, warehouse.

Property Size4,900 SF
Lot Size0.23 Acres
Price / SF$40.82
AddedMar 11
Days on Market126
Last RefreshJul 2 at 2:05 pm

Property Features for 179 EDISON St

General Information

Standard status
Active
Size
4,900 SF
Lot size
0.23 Acres
Property subtype
Commercial

Building Details

Year Built
1927

Listing office eXp Realty

Listing date Mar 11, 2026

Source Elliman

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 eXp Realty


Investment Insights

Based on property information with market context.

This vacant building in Pontiac, MI, presents an opportunity for various uses, including residential, retail, office, warehouse, or mixed-use. Situated on a busy intersection with high visibility, the property offers a total of 4900 square feet of space across two floors. The first floor is divided into four sections and includes one restroom. The lower floor provides ample storage space. The building is in good condition and features a newer roof, HVAC system, electrical wiring, and plumbing. Zoned R-1, which is residential, the property could potentially be rezoned back to commercial. Buyer to verify all information.

Key Highlights

  • High visibility location on a busy intersection.
  • 4900 SF of space across two floors.
  • Versatile use options: residential, retail, office, warehouse, or mixed‑use.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $29.4k $6.00
− Vacancy −$6.9k −$1.41
EGI $22.5k $4.59
− OpEx −$5.6k −$1.15
NOI $16.9k $3.44
4,900 SF · lease $6.00/SF/yr · vacancy 23.50% · expense 25.00%

Alternative Uses

Best Use
Retail
$753.2K
$659.1K – $878.8K (±1% cap)
NOI $52,726 @ 7.0% cap · market cap 26.36%
Second Best
Mixed Use
$708.8K
$620.2K – $826.9K (±1% cap)
NOI $49,613 @ 7.0% cap · market cap 24.81%
Theoretical Best
Specialty Retail
$1.06M
$924.8K – $1.23M (±1% cap)
NOI $73,982 @ 7.0% cap · market cap 36.99%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office Units

Suggested Use

Real Estate Agency (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Parking Lot & Garage Bakery Dental Office (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Florist

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Mixed-use property - Vacant building with potential for residential, retail, office, warehouse.
Where is this mixed-use property located?
The property is located at 179 EDISON St Pontiac, MI.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: High visibility location on a busy intersection.; 4900 SF of space across two floors.; Versatile use options: residential, retail, office, warehouse, or mixed‑use.
Contact an agent
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