Dry Cleaning Storefront with
22645 Pontiac Trl, South Lyon, MI 48178
For Sale
$1,300,000
An operating dry cleaning business includes on-site processing equipment, garment services, and a delivery truck.
Property Size4,394 SF
Price / SF$295.86
Days on Market11
Property Features for 22645 Pontiac Trl
General Information
Standard status
Size
Additional Details
Business Included
Currently Operating
Taxes and HOA fees
Annual Taxes
Amenities
drive-thru drop-off and pick-up window
Listing Agency:
Remerica United Realty
(248) 344-1800
Listed By:
Christopher Bailey · License #6501374076
(734) 751-6638
Source:
Exprealty
Added: Oct 30
Changed: Nov 8
Last Checked: Nov 8 at 6:06PM
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 Remerica United Realty
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Investment Insights
Based on property information with market context.
Located at 22645 Pontiac Trl in South Lyon, Parkside Cleaners is an operating dry cleaning business in a 4,394-square-foot storefront. The sale includes on-site equipment such as a green dry cleaning machine, commercial presses, steamers, washers, and dryers. A drive-through window serves customer drop-offs and pickups.
The business also provides alterations and seamstress services, embroidery, and laser engraving. A delivery truck used for service in South Lyon and Lyon Township is included. Dry cleaning is performed on site, and the business serves customers in the surrounding communities.
The business also provides alterations and seamstress services, embroidery, and laser engraving. A delivery truck used for service in South Lyon and Lyon Township is included. Dry cleaning is performed on site, and the business serves customers in the surrounding communities.
Key Highlights
- 4,394‑square‑foot storefront in South Lyon
- Drive‑through window for customer drop‑offs and pickups
- On‑site green dry cleaning machine, commercial presses, steamers, washers, and dryers
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
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
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
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
304
Businesses Nearby
176k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
$392,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Storefront properties in Oakland County, MI
Properties on Market for Storefront properties in Oakland County
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Storefront property - An operating dry cleaning business includes on-site processing equipment, garment services, and a delivery truck.
Where is this storefront property located?
The property is located at 22645 Pontiac Trl 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 in South Lyon; Drive‑through window for customer drop‑offs and pickups; On‑site green dry cleaning machine, commercial presses, steamers, washers, and dryers
