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1065 N Perry St

4,100 SF 100% Leased Retail Building Pontiac, MI 48340 £1,201,449 (£293/SF)

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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

Year Built/Renovated

1965/2014

Price

£1,201,449

Price Per SF

£293

Percent Leased

100%

Tenancy

Multiple

Number of Floors

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 ft on Perry St