49 Saginaw St Pontiac, MI 48342-2153
Property profile & analytics
49 Saginaw St Pontiac, MI 48342-2153
- Bars & Pubs
- 4,397 SF
- 0.07 lot acres
Property ID
US43-1527670
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Street Gang Entertainment / Recording Studio
Property Details for 49 Saginaw St
- Year built
- 1922
- Lot size
- 0.07 lot acres
- Property size
- 4,397 SF
- Zone code
- BI
- Property type
- Bars & Pubs
- Property subtype
- Pubs
- APN
- 64-14-29-433-016
- APU
- 641429433016
Description
This exceptional 7,700 square foot restaurant, located at 49 N Saginaw St in Pontiac, Michigan's vibrant Indian Hill District, presents a unique investment opportunity. Built in 1886 and renovated in 2012, this single-tenant property boasts a prime downtown location with convenient on and off-street parking. The building features a tastefully preserved historic interior. The main floor encompasses 2,950 square feet, including a full-service mahogany bar, a fully equipped kitchen, restrooms, and seating for at least 80 patrons. The second floor offers an additional 1,800 square feet with a service bar, restrooms, an elevated stage, a sound/light booth, and seating for 50 or more. A 2,950 square foot lower level provides office space, a liquor locker, a walk-in keg cooler, mechanical systems, and ample storage. The total capacity exceeds 150 patrons. The property sits on a 0.07-acre lot and is zoned for Downtown Business District use, offering flexibility for various commercial ventures. The current lease is a NNN lease with 100% occupancy. The asking price is $499,900, translating to $64.94 per square foot. The potential for residential conversion of the second floor adds further investment appeal. APN: 14-29-433-016.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Pontiac
- County
- Oakland
- State
- Michigan
- Longitude
- -83.2929
- Latitude
- 42.6382
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,691
$0.00
$0.00
$72,580
-
$0.00
$0.00
$145,160
