Central School

Office for Sale
Catylist Listing ID: 851150
Property Subtypes: Office Building, General
Building Size (RSF): 31,998 SF
Gross Building Area: See Agent
Sale Price: $2,900,000
Unit Price: $90.63 PSF
In Opportunity Zone? Yes
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business
Class of Space: Class C
Sale Terms: Cash to Seller, Build-to-Suit
Last Updated: 7/8/2020

Overview / Comments

• $2,900,000 with $1,000,000 in tax credits

• Unique opportunity to lease, own, or joint venture this historic Central School building which is listed on the National Register of Historic Places

• Located in the heart of Oakland County, this property sits perched high on a hillside overlooking downtown Pontiac, City Hall and McLaren Oakland Hospital

• Location offers immediate access to numerous restaurants, banking services, clubs, and businesses

• Conveniently located on the southeast corner of M-59 and Woodward Ave with easy access to I-75

• This Landmark building features an eclectic mix of historical and modern design elements

• Possible for Corporate Headquarters or other single/multi-tenant opportunity or development

• Significant tax credits and other financial incentives available

•Located within a tax incentivized Federal "Opportunity Zone"

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Oakland
Submarket/Township: Pontiac
Tax ID/APN: 14-28-305-004

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,421 85,746 183,662
Median Age: 34.4 36.72 39.53
Households: 5,371 33,848 72,544
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