8 - 12 N Saginaw St, Pontiac, MI 48342

NAI Farbman is pleased to present a rare investment opportunity: the acquisition of the Flagstar Strand Theatre, a fully operational entertainment venue located in the heart of Downtown Pontiac, Michigan.

This offering comes at a pivotal moment for Pontiac’s resurgence. The removal of the Phoenix Center, the reopening of Saginaw Street—restoring the historic street grid—and the relocation of hundreds of Oakland County employees just blocks away are accelerating revitalization efforts.

In addition to the theatre itself, the property includes a fully built-out restaurant space with an active tenant, generating rental income and drawing foot traffic to the venue. Inside the theatre, Charlene’s bar offers a charming and functional amenity for patrons and eventgoers, enhancing the hospitality and event experience.

Strategically positioned in the center of Oakland County, the Flagstar Strand Theatre is a legacy asset with strong cultural significance and growing regional appeal. As downtown redevelopment gains momentum, this venue is well-positioned for enhanced value through programming, partnerships, and long-term growth.

This is a unique opportunity to acquire and operate a premier performing arts destination—with built-in food and beverage infrastructure—in a market poised for transformation. 

The rich history speaks for itself and the opportunity to own/operate one of the premier venues in Oakland  County is a once in a lifetime opportunity.