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    Huron St Pontiac, MI 48341

    Sponsored
    For Sale
    $3,200,000

    High-Income Generating Commercial Property in Pontiac, MI

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional commercial property located on W Huron Street in Pontiac, Michigan, presents a lucrative investment opportunity. The property encompasses a 0.57-acre lot and features a ten-unit plaza, significantly boosted by a high-performing liquor store. The liquor store generates a substantial weekly income of $50,000. In addition to the liquor store's impressive revenue stream, the ten rental units contribute a collective monthly income of $18,600. Further enhancing the property's profitability are additional revenue streams including an annual lotto income of $30,000, a monthly ATM income of $1,700, and a monthly check cashing income of $2,500. The property also includes thirty walk-in coolers, a valuable asset for various commercial uses. The property is offered at $3,200,000. A land contract option is available for qualified buyers. Interested parties should inquire for further details regarding the land contract terms. Please note that direct contact with employees on the property is discouraged during business hours. This is a rare opportunity to acquire a high-yield commercial property with diverse income streams in a prime Pontiac location. Serious inquiries only.

    Property Features for Huron St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    24,829 SF

    Building Details

    Year Built
    1948
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Pontiac
    County
    Oakland
    State
    Michigan
    Longitude
    -83.29297
    Latitude
    42.63876

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    FAQs

    What type of property is this?
    Commercial real estate - High-Income Generating Commercial Property in Pontiac, MI
    Where is this commercial real estate located?
    The property is located at Huron St Pontiac, MI.
    What is the asking price?
    The asking price for this property is $3,200,000.
    (586) 274-1111
    Request Owner's contact information
    Huron St Pontiac, MI 48341
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    Pontiac, MI 48341
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Huron St Pontiac, MI 48341
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