Retail in Downtown Pontiac

Retail-Commercial for Sale
Catylist Listing ID: 30336636
Building Size (RSF): 15,478 SF
Gross Building Area: See Agent
Gross Land Area: 8,208 SF
Sale Price: $749,000
Unit Price: $48.39 PSF
In Opportunity Zone? Yes
Property Use Type: Business
Usable Size (USF): 15,478 SF
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 7/1/2020

Overview / Comments

• 15,478 SF retail building with on-site parking. 1st FL 7,039 sq. ft. with lower level 7,739 sq. ft.

• Sale includes 125 North Perry a 60' x 140' open surface parking lot at the rear of the building.

• First time on market for sale

• 71' ft. of frontage on Saginaw Street

• Zoned C2 Central Business District

• Located within a tax incentivized Federal "Opportunity Zone"

• Building originally designed and constructed by The Taubman Companies

• 2018 property taxes: (parcel #009)- $13,503.84 (parcel #016)- $394.97 Total= $13,898.81

Please contact agent for more information about this listing.

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Oakland
Submarket/Township: Pontiac
Tax ID/APN: 14-29-426-009
Largest Nearby Street: N. Saginaw St.
Airports: Detroit City Airport 34 Minutes 28.6 mi. Detroit Metropolitan Airport 55 Minutes 41.4 mi.
Tenancy: Single Tenant
Total Number of Buildings: 1
Property Condition: Average
Year Built: 1964
Year Renovated: 1979
Sprinklers: Other
Heat Source: Other
Air Conditioning: Other
Internet Access: Other
Water Service: Municipal
Sewer Type: Municipal
Easements: Other

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,171 91,194 184,368
Median Age: 33.92 36.13 39.17
Households: 4,902 36,058 72,571
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