Pontiac Office Building on
554 S Telegraph Rd Pontiac, MI 48341
For Sale
$250,000
Commercial office building in Pontiac's Lakes Area on Telegraph Road.
Property Size4,058 SF
Lot Size0.27 Acres
Price / SF$61.61
Days on Market95
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 Agency:
EXP Realty Birmingham
(248) 686-0024
Listed By:
Paul Mychalowych · License #6506042081
(248) 686-0024
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 27 at 3:39AM
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
Investment Insights
Based on property information with market context.
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.
Key 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.).
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 | $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 Uses
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.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
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.).
