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Property profile & analytics
FOR SALE
Office Units

17 W Lawrence St Pontiac, MI 48342

10,000 SF Built 1920
Property ID
US43-Q007958
Property summary
AI-generated overview

Elegant and Efficient Mixed-Use Building at 17 W Lawrence St, Pontiac, MI This fully renovated building at 17 W Lawrence Street offers an exceptional blend of modern amenities and historical charm in the heart of Pontiac, MI. The property underwent a complete gut rehab. Rental upside and the ability to convert two more spaces into 1bed or studio apartments. Key features include: New Electrical and Upgraded Plumbing: All electrical systems have been replaced, and most plumbing is brand new, providing peace of mind for years to come. Efficient Insulation & Heating: Sound-attenuating, fire-rated insulation ensures a quiet, secure environment. The building is heated by a fully serviced and upgraded boiler system, with efficient indoor/outdoor thermostats to maximize energy savings. State-of-the-Art Security: The property is equipped with a full security camera system inside and out, along with a newly installed audible fire alarm system for enhanced safety. Comfortable Living Spaces: All units feature central air conditioning, and reworked, operable windows maintain both aesthetics and function without the need for replacement. Innovative Property Management: A new Butterfly video intercom system allows tenants to manage door access through their phones, with logged door activity providing valuable insights for seamless property management. This mixed-use property includes: 5 Residential Apartments: Four 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit. Can add two more residential units for added upside. Private Offices & Studios: Three single-tenant private offices or studios (approx. 250 sqft each) on the second floor. Larger Commercial Studios: Two spacious commercial studios on the first floor (approx. 800 sqft each). These two studios space could easily be converted to apartments for additional upside. Retail Unit: A sizable 3,500 sqft retail space, perfect for a flagship business. Current leased for a 3 year term. Basement Artist Studios: Three artist studios in the basement, offering creative spaces for tenants or outside rentals. This building offers a rare combination of historic character, modern amenities, and diverse rental opportunities, making it a prime investment in Pontiac’s growing market.

Property profile
Verified
Property type Office Units
Year built 1920
Total area 10,000 SF
UPID US43-Q007958
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
Current use
Occupant on record · Public records
  • West Alley Resort
  • The Pontiac Tribune Newspaper & Magazine Television Studio
  • Magnetic Recording Recording Studio
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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