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    FOR SALE
    Commercial real estate

    161 State St, Pontiac, MI 48341

    18,699 SF Built 1950
    Property ID
    US43-0025011
    Property summary
    AI-generated overview

    This exceptional 18,699-square-foot retail storefront, located at 161 State Street in Pontiac, Michigan, presents a unique opportunity for a single-tenant occupant. Situated on a generous 1.22-acre lot, this property boasts significant visibility and accessibility. Built in 1950, the building is zoned BI and offers ample space for a variety of retail uses. The entire space is currently vacant, providing immediate occupancy for a prospective tenant. The property's address is 161 State St, Pontiac, MI 48341, and its location within Oakland County offers convenient access to major transportation routes and a thriving local market. The property's parcel number (APN) is 14-29-309-034. This substantial space is ideal for businesses seeking a prominent location with high visibility and ample room for expansion or diverse operations. The building's size and location make it a compelling option for retailers looking to establish a strong presence in the Pontiac area. The property is ready for immediate lease and offers a blank canvas for a new business venture. Interested parties are encouraged to inquire further to explore the possibilities this exceptional retail space offers.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1950
    Total area 18,699 SF
    UPID US43-0025011
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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