Turnkey Corner Retail/Office
2409 Voorheis Street Pontiac, MI 48341
2409 Voorheis Street, Pontiac, MI, 48341
$200,000
For Sale
$200,000
Freestanding, 1,000 SF corner building with renovated interiors, rooftop HVAC, and 12 surface parking spaces.
Property Size1,000 SF
Lot Size0.17 Acres
Price / SF$200
Days on Market92
Property Features for 2409 Voorheis Street
General Information
- Standard status
- Active
- Size
- 1,000 SF
- Lot size
- 0.17 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1945
Listing agency
Keller Williams Paint Creek
(248) 244-0705
Listed by
Joseph Delia · License #6501372650
(248) 244-0705
Source
Homesforsaleinmich
Added: Apr 22 Updated: Jul 21 at 6:39PM Checked: Jul 21 at 6:39PM
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 Keller Williams Paint Creek
Investment Insights
Based on property information with market context.
2409 Voorheis Street is a fully renovated, free-standing commercial building designed for immediate occupancy. The property includes brand new interior paint, recessed lighting, and a rubber roof installed in 2009. A five-ton rooftop HVAC system is in strong working order. The building has IT and communications infrastructure, including a phone system, PA/music system, wireless key fob entry, a wired camera system, and a Nest thermostat. A private outdoor patio features Trex decking and a vinyl privacy fence, and the building is fully handicap accessible with an accessible approach, doors, and entrance.
The building sits on a high-visibility corner between M-59 and Telegraph Road in Waterford Township, providing direct access to 12 surface parking spaces. Reinforced concrete/block construction and a 16-foot building height support a durable, low-maintenance profile.
C-1 zoning allows retail, professional office, service, medical, or studio use. Former salon plumbing remains in place, helping reduce one major build-out cost for a new operator. Multiple on-site signage locations are available. Real estate only; vacant possession.
The building sits on a high-visibility corner between M-59 and Telegraph Road in Waterford Township, providing direct access to 12 surface parking spaces. Reinforced concrete/block construction and a 16-foot building height support a durable, low-maintenance profile.
C-1 zoning allows retail, professional office, service, medical, or studio use. Former salon plumbing remains in place, helping reduce one major build-out cost for a new operator. Multiple on-site signage locations are available. Real estate only; vacant possession.
Key Highlights
- 100% handicapped accessible with accessible approach, doors, and entrance for easy customer access
- 1,000 SF freestanding commercial building with private outdoor patio and Trex decking plus vinyl privacy fence
- Fully renovated with brand new paint, recessed lighting, and rubber roof (2009) in excellent condition
Local Financial Insights For Retail
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 | $16.8k | $16.80 |
| − Vacancy | −$1.4k | −$1.43 |
| EGI | $15.4k | $15.37 |
| − OpEx | −$4.6k | −$4.61 |
| NOI | $10.8k | $10.76 |
1,000 SF · lease $16.80/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$153.7K
$134.5K – $179.3K
NOI $10,760 @ 7.0% cap · market cap 5.38%
Second Best
Office B
$49.2K
$43.0K – $57.4K
NOI $3,443 @ 7.0% cap · market cap 1.72%
Theoretical Best
Specialty Retail
$215.7K
$188.7K – $251.6K
NOI $15,098 @ 7.0% cap · market cap 7.55%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Pulse Design Studio, ...
Advertising Agency
Go Gutters LLC
Construction Company
Similar For Sale Nearby
FAQs
What type of property is this?
Creative space - Freestanding, 1,000 SF corner building with renovated interiors, rooftop HVAC, and 12 surface parking spaces.
Where is this creative space located?
The property is located at 2409 Voorheis Street Pontiac, MI.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: 100% handicapped accessible with accessible approach, doors, and entrance for easy customer access; 1,000 SF freestanding commercial building with private outdoor patio and Trex decking plus vinyl privacy fence; Fully renovated with brand new paint, recessed lighting, and rubber roof (2009) in excellent condition
