Property summary
This exceptional investment opportunity presents a 16,000 square foot, single-unit nightclub located at 25 S Saginaw St, Pontiac, MI 48342. Currently operating under a gross lease, the established nightclub tenant generates a substantial net operating income (NOI) of $48,000, resulting in an attractive 8.00% capitalization rate. The property boasts a 2020 renovation and offers significant value-add potential. The second floor, currently vacant, presents a prime opportunity for conversion into… residential units, capitalizing on the growing demand for housing in Pontiac's revitalizing downtown area. This versatile property benefits from its prime location in a high-traffic area, offering both immediate income and long-term growth potential. The asking price is $600,000. The property's strong cash flow, coupled with the potential for residential development, makes this an ideal investment for those seeking both immediate return and future appreciation. The existing nightclub tenant provides a stable income stream, minimizing risk and maximizing your return on investment. This is a rare chance to acquire a property with both established income and significant upside potential in a thriving Michigan market.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 18 properties nearbyComparable nearby
Similar Nearby for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 22,192 SF
- Lot area
- 0.26 ac
- Year built
- 1920
- Stories
- 1
- APN
- 64-14-29-476-015
- Zoning
- BI
- Assessed value · 2024
- $239,050
- Annual tax · 2023
- $12,566
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Owner Contacts
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- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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