161 Pingree Ave Pontiac, MI 48342-1174
This exceptional commercial property at 161 Pingree Avenue in Pontiac, Michigan, presents a fantastic business opportunity. Priced at $135,000, this 0.11-acre lot offers a flexible space ideal for a variety of uses. Imagine transforming this building into your dream salon, a convenient neighborhood store, a thriving daycare center, or a unique event space. The layout allows for ample room to create an office, storage area, kitchen, and laundry facilities, catering to diverse business needs. Recent upgrades significantly enhance the property's value and functionality. A brand new roof provides lasting protection, while a newly paved black asphalt driveway and rear parking lot ensure convenient access for customers and employees. The building also benefits from a newer furnace, ensuring efficient and cost-effective heating. A full bathroom adds to the convenience, and a large basement offers additional storage or expansion potential. This property's prime location and adaptable interior make it an attractive investment for entrepreneurs seeking a versatile and well-maintained commercial space. The combination of recent improvements and the potential for diverse uses makes this a truly compelling opportunity in the vibrant Pontiac market. Don't miss out on this chance to establish your business in a well-positioned and updated building.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
AI · Pontiac, MIPontiac. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.