Mixed-Use Building in Downtown
For Sale
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21 N Saginaw St, Pontiac, MI 48342
Multi-family mixed-use building in up-and-coming Downtown Pontiac.
Property Size7,500 SF
Price / SF$96.67
Days on Market748
Property Features for 21 N Saginaw St
General Information
Standard status
Active
Size
7,500 SF
Class
C
Property subtype
Multifamily
Investment Type
Stabilized
Net Operating Income
$54,985
Building Details
Year Built
1920
Year Renovated
2018
Buildings
1
Stories
3
Units
5
Listing Agency:
Pike Street Properties
Listed By:
Loren Guzik · License #481-012651
Source:
Crexi
Added: Jul 26, 2024
Changed: Aug 8
Last Checked: Aug 11 at 6:38PM
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 Pike Street Properties
Investment Insights
Based on property information with market context.
This is an investment opportunity to own a multi-family mixed-use building located in Downtown Pontiac. The building features a new roof and new windows on the facade. The units have been remodeled. The second floor contains a full-floor unit. The building is fully rented with solid demand. It is located across from the Strand Theatre and minutes from the upcoming Oakland HQ, which is across from the 100-unit redevelopment of the Oakland Town Center. The property size is 7500 square feet.
Key Highlights
- Fully rented building in up‑and‑coming Downtown Pontiac
- Live in an owner's unit for free while renting out the rest of the building
- Recent upgrades include a complete roof tear‑off and new facade windows
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,206
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Multi-family mixed-use building in up-and-coming Downtown Pontiac.
Where is this multifamily property located?
The property is located at 21 N Saginaw St Pontiac, MI.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Fully rented building in up‑and‑coming Downtown Pontiac; Live in an owner's unit for free while renting out the rest of the building; Recent upgrades include a complete roof tear‑off and new facade windows
