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Mixed-Use Development Opportunity 1 S Glenwood Ave 260,586 SF 100% Leased Retail Building Pontiac, MI 48342 $1,946,378 CAD ($7.47 CAD/SF)
Investment Highlights
- MULTIPLE ZONING AVAILABILITY SUCH AS COMMERCIAL AND LIGHT INDUSTRIAL
- CONSISTS OF 2 PARCELS BUT IT CAN BE DIVIDED INTO 3
- 260,586 +/- SF BUILDINGs SITUATED ON 26.49 ACRES OF LAND
- CLOSE PROXIMITY TO TELEGRAPH, WOODWARD AVENUE, M-59 AND I-75
Executive Summary
This prime development opportunity offers multiple zoning availabilities, including commercial and light industrial, making it a versatile option for various business ventures.
Reduced price and motivated seller.
Reduced price and motivated seller.
Property Facts Under Contract
Sale Type
Investment
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Freestanding
Building Size
260,586 SF
Building Class
C
Construction Status
Proposed
Price
$1,946,378 CAD
Price Per SF
$7.47 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
26.49 AC
Opportunity Zone
Yes
Zoning
Multi - Commercial and Light Industrial
Parking
54 Spaces (0.21 Spaces per 1,000 SF Leased)
Frontage
281’ on S Glenwood Ave
Amenities
- Signage
- Air Conditioning
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 14-21-383-012 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,036,635 CAD |
Property Taxes
Parcel Number
14-21-383-012
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,036,635 CAD
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Mixed-Use Development Opportunity | 1 S Glenwood Ave
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