Remarks

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.

Details

MLS#: 20240064214
Price: $149,900

Style: Real Estate Only
Sq Ft: 2616
Year Built: 1967

County: Oakland
Subdivision: AUBURN GARDENS NO 2
Lot Size: 0.24
Tax Fee: 2333.0

School District: Pontiac