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694-722 Huron St Pontiac, MI 48341

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For Sale
$3,200,000

High-Income Generating Industrial Property

Property size:
11,741 SF

Property Features for 694-722 Huron St

General Information

Property type
Industrial properties
Square Feet
11,741 SF
Lot Size
24,829 SF

Building Details

Year Built
1948

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Listing Contact
Mays Al Raheem

Listing Agency: Century 21 AAA North Listing Agent: Mays Al Raheem

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This exceptional investment opportunity presents a 10-unit industrial plaza situated on a 0.57-acre lot in Pontiac, Michigan. The property boasts a total of 11,741 square feet and includes a thriving liquor store as one of its tenants. Financial records indicate the liquor store generates a remarkable $50,000 in weekly revenue. The remaining nine units contribute a substantial $18,600,000 annually in rental income. Further enhancing the property's profitability are additional revenue streams: a lottery machine yielding $30,000 annually, an ATM generating $1,700 monthly, and check cashing services producing $2,500 monthly. The property also features 30 walk-in coolers, a significant asset for various businesses. The property is offered at $3,200,000. A land contract option is available for qualified buyers. This is a rare chance to acquire a high-yield, multi-faceted commercial property with proven income streams and significant potential for future growth. Serious inquiries only. Please note that direct contact with on-site employees is discouraged during business hours. Further details regarding the land contract are available upon request.
Property Profile Location Intelligence

Current Use by Public Records

Industrial properties

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Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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Location Insight

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City
Pontiac
County
Oakland
State
Michigan
Longitude
-83.31844
Latitude
42.63582

FAQs

What type of property is this?
Industrial property - High-Income Generating Industrial Property
Where is this industrial property located?
The property is located at 694-722 Huron St Pontiac, MI.
What is the asking price?
The asking price for this property is $3,200,000.
More about this property
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