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Undisclosed 5,394 SF Retail Building Pontiac, MI 48342 $1,065,158 CAD ($197.47 CAD/SF)
Investment Highlights
- Established beer and wine market with loyal customer base included in the sale.
- High-visibility location on a major Pontiac thoroughfare with strong traffic counts.
- Sale includes existing butcher equipment and store fixtures for an efficient transition.
- Mixed-use layout featuring retail space and a second-floor apartment for added revenue flexibility.
- On-site parking for 15+ vehicles ensures easy customer access and convenience.
- Buyer opportunity to pursue liquor license eligibility to expand product offerings (verification required).
Executive Summary
Peoples Food Market presents a rare owner-user or investment opportunity with a well-established beer and wine market in Pontiac, Michigan. This mixed-use property sits on a prominent 0.51-acre parcel in a high-traffic corridor, ensuring strong visibility and consistent customer flow. The building spans 5,394 square feet and includes a second-floor apartment, offering additional income potential or live-work convenience.
Recent capital improvements add significant value: a new roof in 2022, a modern freezer system installed in 2023, and three new AC compressors in 2023 ensure operational reliability for years to come. The property includes 15+ on-site parking spaces and comes fully equipped with existing butcher and store equipment, minimizing startup costs for a new operator. Potential liquor license eligibility further enhances upside potential (buyer to verify).
The offering includes both the real estate and the operating business. Priced at $750,000 plus inventory (estimated at $150K–$200K), this property provides a compelling opportunity for entrepreneurs seeking a turnkey operation or investors looking for a mixed-use asset with strong fundamentals and value-add options.
Recent capital improvements add significant value: a new roof in 2022, a modern freezer system installed in 2023, and three new AC compressors in 2023 ensure operational reliability for years to come. The property includes 15+ on-site parking spaces and comes fully equipped with existing butcher and store equipment, minimizing startup costs for a new operator. Potential liquor license eligibility further enhances upside potential (buyer to verify).
The offering includes both the real estate and the operating business. Priced at $750,000 plus inventory (estimated at $150K–$200K), this property provides a compelling opportunity for entrepreneurs seeking a turnkey operation or investors looking for a mixed-use asset with strong fundamentals and value-add options.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Convenience Store
Building Size
5,394 SF
Year Built
1941
Price
$1,065,158 CAD
Price Per SF
$197.47 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.24
Lot Size
0.51 AC
Zoning
Commercial - Commercial Zoning
Parking
24 Spaces (4.45 Spaces per 1,000 SF Leased)
Frontage
90’ on Auburn Avenue
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 14-34-103-022 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $205,135 CAD |
Property Taxes
Parcel Number
14-34-103-022
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$205,135 CAD
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