349 E PIKE Street Active Save Request In-Person Tour Request Virtual Tour
Pontiac,MI 48342 2826
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 2,616 sqft
Price per Sqft $57
Subdivision Mi
MLS Listing ID 60335514
Annual Tax Amount $2,333
Lot Size 10,454 Sqft
Acres 0.24
Lot Dimensions 119 x 90
Property Description
Here’s an exciting investment opportunity in the heart of Pontiac, Michigan! This 2,616 sq ft commercial property is currently leased on a month-to-month basis by a local ministry, providing immediate rental income. Current tenant does wish to remain should the new owner be interested. The property itself is a blank canvas with many of the larger updates. Including the Parking Lot has been repaved, Exterior Lighting, Recently painted ext and NEW Central Air. New Rubber roof & many updates inside including Plumbing & Electrical. Perfect for transformation into a restaurant, retail space, or office space. Located in an area highlighted on the future planning and zoning map as potential multi-family development, this property offers a unique chance to generate income now while planning for a high-return development later. Plus, an adjacent lot is available for an additional price, adding even more possibilities for expansion or future projects. Don’t miss out on this prime opportunity to invest in Pontiac’s future! DO NOT APPROACH TENANT UNDER ANY CIRCUMSTANCES Parcels Included are ID: 1428411007 & 1428411006 Must show pre approval or proof of funds prior to showing.
Location
State MI
County Oakland
Area Pontiac (63142)
Zoning Multi-Family,Commercial
Exterior
Waterfront No
Roof Type Rubber
Building
Foundation Slab
Water Public Water
Structure Type Block
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional