161 State St, Pontiac, MI 48341
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.