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Financial
Distress signals
Property profile

18 W Pike St Pontiac, MI 48342

FOR SALE
Turn key restaurants
View Listing
Property ID
US43-1733161
10,704 SF 0.14 ac lot Built 1900
Last sale May 2002
Entity Owned Owner of record is a legal entity (LLC / corporation). 24-yr Hold Held for 24 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This freestanding former restaurant/nightclub building comprises 10,700 square feet and is located in Downtown Pontiac’s entertainment district. The structure includes a 6,000-square-foot first floor and a 4,700-square-foot second floor, each configured with commercial kitchen space. A basement level is provided and is suitable for office use and/or storage. The property is equipped with a liquor license classification of Class “C” (included with the building) and offers pylon signage. On-site…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$11k
Tax billed · 2023
Assessed value · 2024$404k
Effective rate2.73%

Value estimate

· Oct 2026
$280k
$252k – $308k
Submarket $/SF estimate$1.06M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$173/SF
County average, outlier-cleaned · 126 recorded sales of this use type
Observed band · Q1–Q3$99 – $238

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
BI
JurisdictionOAKLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency13.3
Dental Office12.9
Bakery9.9

Location

18 W Pike St Pontiac, MI 48342
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
51616 Woodward, Pontiac, MI 48342-5016 $300,000 Jul 2025 4,766 SF
369 Cesar E Chavez, Pontiac, MI 48342-1044 $450,000 Apr 2025 4,048 SF
25 Saginaw, Pontiac, MI 48342-2111 $875,000 Mar 2025 22,192 SF
263 Auburn, Pontiac, MI 48342-3012 $650,000 Feb 2022 13,384 SF
115 Saginaw, Pontiac, MI 48342-2113 $300,000 Mar 2021 4,250 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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