Standalone Office Building with Street
S 554 S Telegraph Road Unit SourceFi Pontiac, MI 48341
S 554 S Telegraph Road Unit SourceFi, Pontiac, MI, 48341
$250,000
For Sale
$250,000
Built in 1920, this standalone office building offers flexible interior space and strong street presence on S Telegraph Road.
Property Size4,058 SF
Lot Size0.27 Acres
Price / SF$61.61
Days on Market178
Property Features for S 554 S Telegraph Road Unit SourceFi
General Information
- Standard status
- Active
- Size
- 4,058 SF
- Lot size
- 0.27 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 19
Listing Agency
EXP Realty Birmingham
(248) 935-2754
Listed by
Paul Mychalowych · License #6506042081
(248) 935-2754
Source
Xome
Added: Jan 21 Checked: Jul 18 at 2:14 am
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 EXP Realty Birmingham
Investment Insights
Based on property information with market context.
This standalone commercial office building was built in 1920 and offers flexible interior space for office, professional services, medical practices, administrative headquarters, or owner-user occupancy, subject to buyer verification of permitted uses and zoning. The property sits on a 0.27-acre lot and is approximately 4,058 square feet.
Located in Pontiac’s Lakes Area with strong street presence on S Telegraph Road, the building is positioned along a major corridor connecting the city’s commercial nodes. The listing notes easy access to major arterials, local amenities, city services, and surrounding retail/employment hubs, with convenience for both staff and clients.
Interested buyers are encouraged to verify all property details, including zoning, utilities, measurements, and highest and best use. The property also notes ample on-site parking potential.
Located in Pontiac’s Lakes Area with strong street presence on S Telegraph Road, the building is positioned along a major corridor connecting the city’s commercial nodes. The listing notes easy access to major arterials, local amenities, city services, and surrounding retail/employment hubs, with convenience for both staff and clients.
Interested buyers are encouraged to verify all property details, including zoning, utilities, measurements, and highest and best use. The property also notes ample on-site parking potential.
Key Highlights
- Standalone commercial office building in Pontiac’s Lakes Area with street frontage on S Telegraph Road
- ~4,058 sq ft building with flexible interior space for office, professional services, medical, or administrative use (buyer to verify permitted uses/zoning)
- Built in 1920 with solid construction
Local Financial Insights For Office B
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 | $24.3k | $6.00 |
| − Vacancy | −$5.7k | −$1.41 |
| EGI | $18.6k | $4.59 |
| − OpEx | −$4.7k | −$1.15 |
| NOI | $14.0k | $3.44 |
4,058 SF · lease $6.00/SF/yr · vacancy 23.50% · expense 25.00%
Alternative Uses
Best Use
Healthcare Medical
$784.5K
$686.4K – $915.2K
NOI $54,914 @ 7.0% cap · market cap 21.97%
Second Best
Office B
$199.6K
$174.6K – $232.8K
NOI $13,970 @ 7.0% cap · market cap 5.59%
Theoretical Best
Specialty Retail
$875.3K
$765.9K – $1.02M
NOI $61,269 @ 7.0% cap · market cap 24.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
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FAQs
What type of property is this?
Office building - Built in 1920, this standalone office building offers flexible interior space and strong street presence on S Telegraph Road.
Where is this office building located?
The property is located at S 554 S Telegraph Road Unit SourceFi Pontiac, MI.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Standalone commercial office building in Pontiac’s Lakes Area with street frontage on S Telegraph Road; ~4,058 sq ft building with flexible interior space for office, professional services, medical, or administrative use (buyer to verify permitted uses/zoning); Built in 1920 with solid construction
