Live-Work Property with Commercial
For Sale
$350,000
7300 Pontiac Trail, South Lyon, MI 48178
Commercial Sale, South Lyon, MI
Property Size6,138 SF
Lot Size1.16 Acres
Price / SF$57.02
Days on Market353
Property Features for 7300 Pontiac Trail
General Information
Property type
Commercial Sale
Property subtype
Office
Bathrooms
1
Full bathrooms
1
Rooms
Basement, Bathroom 1
Interior features
Broadband
Elementary school district
South Lyon
Middle school district
South Lyon
High school district
South Lyon
Directions
Plymouth Road to Dixboro to Pontiac Trail
Subdivision
Ann Arbor/Washtenaw - A
Standard status
Active
APN
A-01-17-300-012
Size
6,138 SF
Lot size
1.16 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
SM 17-10A (007 008 009) COM SW COR OF SEC, TH E 33 FT TO POB, TH N 99 FT, TH W 33 FT, TH N 74.5 FT, TH E 439.89 FTA TH
Tax Annual Amount
4250
Legal Description
SM 17-10A (007 008 009) COM SW COR OF SEC, TH E 33 FT TO POB, TH N 99 FT, TH W 33 FT, TH N 74.5 FT, TH E 439.89 FTA TH
Utilities
Utilities
Cable Available
Sewer type
Septic Tank
Heating system
Forced Air
Cooling system
Window Unit(s)
Water source
Well
Building Details
Year built
1840
Number of units
1
Building materials
Aluminum Siding, Vinyl Siding
Listing Agency:
Key Realty One LLC
(734) 273-9083
Listed By:
Diane Russell · License #6501380771
(734) 972-1299
Added: Oct 18, 2025
Changed: Sep 12
Last Checked: Oct 5 at 11:06PM
MLS# 25053789
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.
Investment Insights
Based on property information with market context.
This live-work property combines a 4,638-square-foot commercial building with a separate 1,500-square-foot, two-bedroom, two-bath home. The improvements occupy a 1.16-acre parcel and are offered in as-is, where-is condition. Construction includes aluminum and vinyl siding, with forced-air heating and window-unit cooling. The property also includes a basement and broadband availability.
Located near downtown South Lyon and major highways, the site includes well water and a septic tank. Cable service is available. The combination of commercial and residential improvements provides both uses in one location, subject to applicable requirements.
Located near downtown South Lyon and major highways, the site includes well water and a septic tank. Cable service is available. The combination of commercial and residential improvements provides both uses in one location, subject to applicable requirements.
Key Highlights
- 4,638‑square‑foot commercial building
- Separate 1,500‑square‑foot home with 2 bedrooms and 2 baths
- 1.16‑acre parcel with commercial and residential improvements
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,130
Cap Rate
6.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$422,600
$422.6K
Cap Rate 7%
$301,857
$301.9K
Cap Rate 9%
$234,778
$234.8K
Market Conditions
NOI Build-Up for 6,138 SF
Gross rent
$36.8K $6.00/SF
− Vacancy
−$8.7K −$1.41/SF
EGI
$28.2K $4.59/SF
− OpEx
−$7.0K −$1.15/SF
NOI
$21.1K $3.44/SF
Area
Oakland County, MI
Vacancy
23.50%
Lease Rate
$6.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$422,600
Cap Rate 7%
$301,857
Cap Rate 9%
$234,778
Alternative Uses
Best Use
Mixed Use
$887.8K
$776.8K – $1.04M
NOI $62,147 @ 7.0% cap · market cap 17.76%
Second Best
Office B
$301.9K
$264.1K – $352.2K
NOI $21,130 @ 7.0% cap · market cap 6.04%
Theoretical Best
Specialty Retail
$1.32M
$1.16M – $1.54M
NOI $92,674 @ 7.0% cap · market cap 26.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
8
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Live-work space - Combines a commercial building with a two-bedroom home on one parcel.
Where is this live-work space located?
The property is located at 7300 Pontiac Trail South Lyon, MI.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 4,638‑square‑foot commercial building; Separate 1,500‑square‑foot home with 2 bedrooms and 2 baths; 1.16‑acre parcel with commercial and residential improvements
