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11681185
11681186

1 S Glenwood Ave, Pontiac, MI 48342

SJ
MI MI 6501357188, MI
The Jonna Group at Colliers International
TF
MI MI 6501295851
The Jonna Group at Colliers International
RJ
MI 6501357188
The Jonna Group at Colliers International
Listed by The Jonna Group at Colliers International
$1,400,000
1078 days on market
Updated 59 days ago
Opportunity zone

Pontiac Plaza

Details
Property Type Retail
Sub Type Grocery Store, Shopping Center (+1)
Square Footage 260,586
Tenancy Vacant
Price per SqFt $5
Acreage 26.490
Investment Type Value Add
Ownership Fee Simple

Development Opportunity with Multiple Zoning Availability

Marketing description

This prime development opportunity offers multiple zoning availabilities, including commercial and light industrial, making it a versatile option for various business ventures.

Investment highlights

  • MULTIPLE ZONING AVAILABILITY SUCH AS COMMERCIAL AND LIGHT INDUSTRIAL

  • 260,586 +/- SF BUILDINGs SITUATED ON 26.49 ACRES OF LAND

  • CONSISTS OF 2 PARCELS BUT IT CAN BE DIVIDED INTO 3

  • CLOSE PROXIMITY TO TELEGRAPH, WOODWARD AVENUE, M-59 AND I-75

  • PONTIAC IS 30 MILES NORTHWEST OF DETROIT; THE LOCATION IS CENTRALIZED AND A TRANSPORTATION HUB

  • AMTRACK OPERATES PASSENGER SERVICE FROM PONTIAC TO CHICAGO

  • OAKLAND COUNTY INTERNATIONAL AIRPORT SERVES THE CITY AND SURROUNDING AREAS

  • SMART OPERATES LOCAL AND REGIONAL BUS TRANSIT

  • INDUSTRIAL MARKET & SUBMARKET ARE EXPERIENCING STRONG OCCUPANCY LEVELS

  • 2019-2022 RENOVATIONS

  • REMOVING DEBRIS, DEMOLISHING, NEW ROOF ON CURRENT BUILDINGS, & PREPPING THE COMPLEX FOR A NEW BUILDING FAÇADE

Listing Contacts

SJ
MI MI 6501357188, MI
The Jonna Group at Colliers International
TF
MI MI 6501295851
The Jonna Group at Colliers International
RJ
MI 6501357188
The Jonna Group at Colliers International
Listed by The Jonna Group at Colliers International

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Additional Information

Name
Simon Jonna
License
MI 6501357188
Brokerage
Jonna Group | Colliers
Brokerage Phone
2482261610
Title
MI
Name
Tony Fayne
License
MI 6501295851
Brokerage
Colliers
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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