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Former School Building Opportunity

1033 Barkell St., Pontiac, MI 48340

For Sale
$450,000

Former school building near GM headquarters, ideal for renovation.

Property Size38,976 SF
Price / SF$11.55
Days on Market229

Property Features for 1033 Barkell St.

General Information

Standard status Active
Size 38,976 SF
Property subtype Other - Special Purpose

Building Details

Building Size 38,976 SF
Year Built 1944
Year Renovated 1956
Listing Agency: NAI Farbman
Listed By: Wendy Acho · License #6501411463
Source: Commercialcafe
Added: Mar 26 Changed: Oct 25 Last Checked: Nov 8 at 2:07AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Farbman

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Investment Insights

Based on property information with market context.

The former Labaron Elementary School in Pontiac, a two-story complex of almost 40,000 square feet, is available for sale. The solid brick and concrete building, though in rough condition due to vandalism, retains fine architectural details. It features a massive open space gymnasium and performance/stage space, locker rooms, shower rooms with high ceilings alongside sprung wooden floors, and full cafeteria/kitchen facilities. The school also offers over 20 classrooms and several small offices. The property is situated off Joslyn Ave, between E. Walton Blvd and N. Perry St, with immediate access to local freeways and expressways via the I-75 interchange. The site is directly across from the General Motors Propulsion Systems World Headquarters. Other area employers include Amazon, Lee Contracting, and United Shore Mortgage, as well as the General Motors Performance & Racing Center, G.M. Stamping, and USPS Michigan Metroplex P&DC. The building's classrooms can potentially be reused with renovation. Ownership has been embarking on a project to clean-up and rehab the school and is in the process of gutting the school and manicuring the lawn.

Key Highlights

  • Prime location directly across from General Motors Propulsion Systems World Headquarters and near I‑75.
  • Large building (almost 40,000 sf) with over 20 classrooms, offices, gymnasium, stage, locker rooms, shower rooms, and cafeteria/kitchen.
  • Solid brick and concrete construction with 'strong bones'.

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Schools

Suggested Use

Top Pick Law Firm Real Estate Agency Spa & Massage Center Hair Salon Nail Salon Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

176
Businesses Nearby

Demographics for 48340, MI

26,039
Population
12,154
Households
2.1
Avg Household Size
33
Median Age
15%
College-Educated
82%
High-School Grad
7.7 sq mi
ZIP Area
3,382
Density / Sq Mi
$46,474
Median Household Income
$32,954
Median Earnings
$1,096
Median Rent
$105,800
Median Home Value
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Frequently Asked Questions

What type of property is this?
School - Former school building near GM headquarters, ideal for renovation.
Where is this school located?
The property is located at 1033 Barkell St. Pontiac, MI.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Prime location directly across from General Motors Propulsion Systems World Headquarters and near I‑75.; Large building (almost 40,000 sf) with over 20 classrooms, offices, gymnasium, stage, locker rooms, shower rooms, and cafeteria/kitchen.; Solid brick and concrete construction with 'strong bones'.
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