Pontiac Office Building on
554 S Telegraph Rd, Pontiac, MI 48341
Commercial office building in Pontiac's Lakes Area on Telegraph Road.
Type:Commercial
Property size:
4,058 SFLot size:
0.27 AcresPrice / SF:
$61/SF- Added:
- Apr 24, 2026
- Days on Market:
- 29
- Last Refresh:
- Apr 24 at 5:55 pm
Property Features for 554 S Telegraph Rd
General Information
- Standard status
- Active
- Size
- 4,058 SF
- Lot size
- 0.27 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1920
Listing agent Paul Mychalowych License #6506042081 (248) 686-0024
Listing office EXP Realty Birmingham (248) 686-0024
Listing date Apr 24, 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 Birmingham
HighLights
- High‑visibility location on S Telegraph Road in Pontiac's Lakes Area.
- Generous ~4,058 sq ft building on a 0.27‑acre lot.
- Flexible interior space suitable for various uses (office, professional services, medical, etc.).
- Ample on‑site parking potential.
- Strong potential for business branding and exposure.
- Close proximity to city services, public transit, and retail/employment hubs.
Overview
This commercial office building is located in Pontiac’s Lakes Area, offering a strong street presence on S Telegraph Road, a key corridor connecting the city’s commercial nodes. Constructed in 1920, the building provides flexible interior space well-suited for office, professional services, medical practices, administrative headquarters, or owner-user occupancy. The building has a total area of approximately 4,058 square feet and is situated on a 0.27-acre lot. The property offers significant square footage and ample on-site parking potential. Its location provides attractive exposure for business branding. The property is ideal for a business seeking a standalone location with easy access to major arterials, local amenities, and nearby commercial traffic. The location offers close proximity to city services, public transit routes, and surrounding retail and employment hubs, enhancing convenience for staff and clients. The bike score is 43, indicating it is somewhat bikeable, and the walk score is 51, indicating it is somewhat walkable.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$155.2K
NOI $13,970 @ 9.00% cap · cautious / downside scenario
Moderate
$199.6K
NOI $13,970 @ 7.00% cap · market / base-case scenario
Aggressive
$279.4K
NOI $13,970 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $24.3k | $6.00 |
| − Vacancy | −$5.7k | −$1.41 |
| EGI | $18.6k | $4.59 |
| − OpEx | −$4.7k | −$1.15 |
| NOI | $14.0k | $3.44 |
4,058 SF · lease $6.00/SF/yr · vacancy 23.50% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$199.6K
$174.6K – $232.8K
NOI $13,970 @ 7.0% cap · market cap 5.59%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$875.3K
$765.9K – $1.02M
NOI $61,269 @ 7.0% cap · market cap 24.51%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Office buildings
Location Insight
- Map
- Local Demand
- City
- Pontiac
- County
- Oakland
- State
- Michigan
- Longitude
- -83.32201
- Latitude
- 42.6204574
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Commercial office building in Pontiac's Lakes Area on Telegraph Road.
Where is this office building located?
The property is located at 554 S Telegraph Rd Pontiac, MI.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: High‑visibility location on S Telegraph Road in Pontiac's Lakes Area.; Generous ~4,058 sq ft building on a 0.27‑acre lot.; Flexible interior space suitable for various uses (office, professional services, medical, etc.).
