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Mixed-Use Development Opportunity 1 S Glenwood Ave

260,586 SF 100% Leased Retail Building Pontiac, MI 48342 £8,813,260 (£34/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.

Property Facts

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
£8,813,260
Price Per SF
£34
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.23
Land Acres
26.49 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
Multi - Commercial and Light Industrial
Parking
54 Spaces
Frontage
281 ft on S Glenwood Ave

Amenities

  • Signage
  • Air Conditioning
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PROPERTY TAXES

Parcel Number 14-21-383-012 Improvements Assessment £0
Land Assessment £0 Total Assessment £899,072

PROPERTY TAXES

Parcel Number
14-21-383-012
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£899,072
(248) 226-1610

  • Listing ID: 28836007

  • Date on Market: 23/06/2023

  • Last Updated:

  • Address: 1 S Glenwood Ave, Pontiac, MI 48342

The Retail Property at 1 S Glenwood Ave, Pontiac, MI 48342 is currently available For Sale. Contact Jonna Group for more information.

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© 2024 CoStar Group

Mixed-Use Development Opportunity | 1 S Glenwood Ave
(248) 226-1610 x

Mixed-Use Development Opportunity | 1 S Glenwood Ave

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Simon Jonna

(248) 226-1610

(248) 226-1610

Raymond Jonna

(248) 226-1611

(248) 226-1611

Tony Fayne

(248) 226-1608

(248) 226-1608

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