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Retail Storefront with Dry Cleaning Equipment
New
For Sale
$1,300,000

22645 Pontiac Trail, South Lyon, MI 48178

Commercial Sale, South Lyon, MI

Property Size4,394 SF
Lot Size0.72 Acres
Price / SF$295.86
Days on Market6

Property Features for 22645 Pontiac Trail

General Information

Property type Commercial Sale
Property subtype Other
Zoning description B-2
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1
Interior features Broadband
Elementary school district South Lyon
Middle school district South Lyon
High school district South Lyon
Directions Northwest corner of 9 Mile and Pontiac Trail.
Standard status Active
APN 21-30-476-009
Size 4,394 SF
Lot size 0.72 Acres

Additional Details

Currently Operating Yes

Taxes and HOA fees

Tax Year 2025
Tax Description T1N, R7E, SEC 30 PART OF SE 1/4 BEG AT PT DIST N 360 FT FROM SE SEC COR, TH N 150 FT, TH N 89-21-30 W 210 FT, TH S 150 F
Tax Annual Amount 14808
Legal Description T1N, R7E, SEC 30 PART OF SE 1/4 BEG AT PT DIST N 360 FT FROM SE SEC COR, TH N 150 FT, TH N 89-21-30 W 210 FT, TH S 150 F

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1985
Number of units 1
Building materials Brick, Metal Siding
Roof type Metal
Listing Agency: Remerica United Realty
Listed By: Christopher Bailey · License #6501374076
Added: Oct 30 Last Checked: Nov 4 at 12:06PM
MLS# 26057709

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The 4,394-square-foot retail storefront houses an operating dry cleaning business with on-site garment processing. Included equipment encompasses a green dry cleaning machine, presses, steamers, washers, dryers, and other daily-use machinery. The business also provides alterations, seamstress work, embroidery, and laser engraving. A drive-through window serves customer drop-offs and pickups, and the sale includes a delivery truck. The building was constructed in 1985 and has brick and metal siding, forced-air heat, and central air conditioning.

The property occupies a 0.72-acre site at 22645 Pontiac Trail in South Lyon. The delivery operation currently serves South Lyon and Lyon Township.

Key Highlights

  • 4,394‑square‑foot storefront on a 0.72‑acre site
  • On‑site dry cleaning equipment includes a green machine, presses, steamers, washers, and dryers
  • Drive‑through window for customer drop‑offs and pickups

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$47,281
Cap Rate
3.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$945,620 $945.6K
Cap Rate 7%
$675,443 $675.4K
Cap Rate 9%
$525,344 $525.3K
Market Conditions
NOI Build-Up for 4,394 SF
Gross rent
$73.8K $16.80/SF
− Vacancy
−$6.3K −$1.43/SF
EGI
$67.5K $15.37/SF
− OpEx
−$20.3K −$4.61/SF
NOI
$47.3K $10.76/SF
Area
Oakland County, MI
Vacancy
8.50%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$945,620
Cap Rate 7%
$675,443
Cap Rate 9%
$525,344

Alternative Uses

Best Use
Retail
$675.4K
$591.0K – $788.0K (±1% cap)
NOI $47,281 @ 7.0% cap · market cap 3.64%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$947.7K
$829.3K – $1.11M (±1% cap)
NOI $66,342 @ 7.0% cap · market cap 5.10%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store Building Supply Auto Parts Store Nail Salon

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

Location Intelligence

Trade Area within ½ mile

304
Businesses Nearby
176k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 43% Shops & Services 34% Groceries 15% Home Improvements & Furnishings 5%
Busch's Fresh Food Market Groceries
26,806 visits/mo 0.1 miles
Speedway Shops & Services
21,419 visits/mo 0.2 miles
McDonald's Dining
21,296 visits/mo 0.3 miles
Dollar Tree Shops & Services
17,296 visits/mo 0.4 miles
Culver's Dining
14,417 visits/mo 0.1 miles

Demographics for 48178, MI

36,858
Population
14,402
Households
2.6
Avg Household Size
42
Median Age
53%
College-Educated
98%
High-School Grad
48.0 sq mi
ZIP Area
768
Density / Sq Mi
$130,781
Median Household Income
$70,253
Median Earnings
$1,231
Median Rent
$392,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Storefront property - On-site garment processing is complemented by customer drive-through service and a delivery truck.
Where is this storefront property located?
The property is located at 22645 Pontiac Trail South Lyon, MI.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 4,394‑square‑foot storefront on a 0.72‑acre site; On‑site dry cleaning equipment includes a green machine, presses, steamers, washers, and dryers; Drive‑through window for customer drop‑offs and pickups
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