349 E PIKE Street Active Save Request In-Person Tour Request Virtual Tour
Pontiac,MI 48342
Key Details
Property Type Commercial
Sub Type Real Estate Only
Listing Status Active
Purchase Type For Sale
Square Footage 2,616 sqft
Price per Sqft $57
Subdivision Auburn Gardens No 2
MLS Listing ID 20240064214
Originating Board Realcomp II Ltd
Year Built 1967
Annual Tax Amount $2,333
Lot Size 10,454 Sqft
Acres 0.24
Lot Dimensions 119 x 90
Property Description
Here’s an exciting investment opportunity in the heart of Pontiac, Michigan! This 2,616 sq ft commercial property is currently leased on a month-to-month basis by a local ministry, providing immediate rental income. Current tenant does wish to remain should the new owner be interested. The property itself is a blank canvas with many of the larger updates. Including the Parking Lot has been repaved, Exterior Lighting, Recently painted ext and NEW Central Air. New Rubber roof & many updates inside including Plumbing & Electrical. Perfect for transformation into a restaurant, retail space, or office space. Located in an area highlighted on the future planning and zoning map as potential multi-family development, this property offers a unique chance to generate income now while planning for a high-return development later. Plus, an adjacent lot is available for an additional price, adding even more possibilities for expansion or future projects. Don’t miss out on this prime opportunity to invest in Pontiac’s future! DO NOT APPROACH TENANT UNDER ANY CIRCUMSTANCES Parcels Included are ID: 1428411007 & 1428411006 Must show pre approval or proof of funds prior to showing.
Location
State MI
County Oakland
Area Pontiac
Zoning Commercial,Multi-Family
Direction South of E Huron and East of Woodward. The property is on the NW Corner of E Pike street & Roselawn
Interior
Heat Source Natural Gas
Exterior
Utilities Available Smoke Alarm,Circuit Breakers
Roof Type Rubber
Road Frontage Paved
Building
Foundation Slab
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Level or Stories 1 Story
Structure Type Block/Concrete/Masonry
Schools
School District Pontiac
Others
Tax ID 1428411007
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash,Conventional,Warranty Deed
Listing Terms Cash,Conventional,Warranty Deed
Financing Cash,Conventional,Warranty Deed
Special Listing Condition Full Service