Homes for sale - 349 E PIKE Street, Pontiac, MI 48342

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Chris Hubel

chris@chrishubel.com +1(248) 568-6030

$ 149,900

Est. payment -/mo

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349 E PIKE Street Pontiac, MI 48342

2,616 SqFt

UPDATED:

09/10/2024 05:35 PM

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

Listed by Julie Pawlak of KW Domain