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Investment Highlights

  • Fully renovated building with new mechanicals, fixtures, and paved parking lot.
  • Includes adjacent vacant land, creating a combined 3.26-acre development opportunity.
  • C-1 Local Business Zoning allows for diverse commercial and mixed-use applications.
  • Located in a high-traffic area with strong visibility and convenient access.

Executive Summary

An opportunity to own a newly down to the studs renovated building with freshly paved parking lot and 3.26 acres in a high traffic area in Pontiac. This building is ready to go with all new fixtures and mechanicals. The versatile C-1 Local Business Zoning allows for Mixed Use, Office, Pet Boarding, Retail Sales, Showroom, Assisted Living, School, and many more. Special Use allows for Multi-Family Apartments, Townhouses, Auto Service, Medical Clinic, Pawn Shop, Alcohol Retail Sales. Deed restriction will not allow for use as a restaurant. The opportunity with this property is endless as multiple structures can be built on the vacant lot. Both properties are included in the sale - Building (1421226019) and Vacant Land (1421226014).

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,100 SF
Building Class
C
Year Built/Renovated
1965/2014
Price
$1,654,727 CAD
Price Per SF
$403.59 CAD
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
0.56 AC
Zoning
C-1 Local Business - Zoning allows for Mixed Use, Office, Pet Boarding, Retail Sales, Showroom, Assisted Living, School, and many more. Special Use allows for Multi-Family
Parking
22 Spaces (5.37 Spaces per 1,000 SF Leased)
Frontage
120’ on Perry St

Amenities

  • Signage
  • Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Nearby Major Retailers

Checkers
Flagstar
PNC Bank

Property Taxes

Property Taxes

Parcel Number
14-21-226-019
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$86,208 CAD
  • Listing ID: 22900833

  • Date on Market: 2021-05-03

  • Last Updated:

  • Address: 1065 N Perry St, Pontiac, MI 48340

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