C-1 Zoned Commercial
606 W Huron St Pontiac, MI 48341
606 W Huron St, Pontiac, MI, 48341
$600,000
Pending
For Sale
$600,000
Pending
Approximately 4,800 sq ft commercial building with gated parking lot and direct access to Waterford and M-59 east.
Property Size4,800 SF
Days on Market36
Property Features for 606 W Huron St
General Information
- Standard status
- Pending
- Size
- 4,800 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1940
Listing agency
Brookstone
(248) 249-4999
Listed by
James J Toma · License #6502406438
(248) 249-4999
Source
Elliman
Added: Jun 16 Updated: Jul 20 at 6:18PM Checked: Jul 21 at 6:47AM
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 Brookstone
Investment Insights
Based on property information with market context.
Located at 606 W Huron St in Pontiac, this commercial building is zoned C-1 and offered for sale (also available for lease per the listing). The property is roughly 4,800 sq. ft. and includes a private gated parking lot attached to the west and behind the building. The listing also notes a substantial power supply.
The remarks describe direct access to Waterford and M-59 east. The listing presents the building as a redevelopment opportunity and specifically references possible future uses such as restaurant, office, medical, retail, entertainment, social lounge, and logistics/shipping, subject to approvals.
The listing also states that 606 W Huron can be sold together as a package deal with 600 W Huron.
The remarks describe direct access to Waterford and M-59 east. The listing presents the building as a redevelopment opportunity and specifically references possible future uses such as restaurant, office, medical, retail, entertainment, social lounge, and logistics/shipping, subject to approvals.
The listing also states that 606 W Huron can be sold together as a package deal with 600 W Huron.
Key Highlights
- Approximately 4,800 sq ft commercial building zoned C‑1
- Private gated parking lot attached just west and behind the building
- Direct access to Waterford and M‑59 East
Local Financial Insights For Flex RnD
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 | $86.4k | $18.00 |
| − Vacancy | −$10.0k | −$2.09 |
| EGI | $76.4k | $15.91 |
| − OpEx | −$26.7k | −$5.57 |
| NOI | $49.6k | $10.34 |
4,800 SF · lease $18.00/SF/yr · vacancy 11.60% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$709.2K
$620.6K – $827.4K
NOI $49,645 @ 7.0% cap · market cap 8.27%
Second Best
Industrial
$339.7K
$297.3K – $396.4K
NOI $23,782 @ 7.0% cap · market cap 3.96%
Theoretical Best
Specialty Retail
$1.04M
$905.9K – $1.21M
NOI $72,472 @ 7.0% cap · market cap 12.08%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- S & S Catering — 700 W Huron St, Pontiac, MI 48341
- Riley's Catering — 110 Oneida St, Pontiac, MI 48341
- Unique Food Management — 248 S Telegraph Rd, Pontiac, MI 48341
- Riley's Catering — 262 S Telegraph Rd, Pontiac, MI 48341
FAQs
What type of property is this?
Flex space - Approximately 4,800 sq ft commercial building with gated parking lot and direct access to Waterford and M-59 east.
Where is this flex space located?
The property is located at 606 W Huron St Pontiac, MI.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Approximately 4,800 sq ft commercial building zoned C‑1; Private gated parking lot attached just west and behind the building; Direct access to Waterford and M‑59 East
