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    47700 Woodward Ave Pontiac, MI 48341

    For Sale
    $2,900,000

    Historic building in Oakland County available for sale or joint venture.

    Property size:
    32,000 SF
    Lot size:
    1.53 Acres

    Property Features for 47700 Woodward Ave

    General Information

    Size
    32,000 SF
    Lot size
    1.53 Acres

    Source: Dominion Real Estate Advisors Agent Eric D. Banks

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

    Overview

    Historic Central School Building Opportunity

    This historic Central School building, listed on the National Register of Historic Places, presents a unique opportunity for lease, ownership, or joint venture. The landmark building features an eclectic mix of historical and modern design elements. Located in the heart of Oakland County, the property sits perched high on a hillside overlooking downtown Pontiac, City Hall, and McLaren Oakland Hospital. Its location on the southeast corner of M-59 and Woodward Ave provides immediate access to numerous restaurants, banking services, clubs, and businesses, as well as easy access to I-75. Encompassing 32000 square feet, the property is suitable for a corporate headquarters or other single or multi-tenant opportunity or development. Significant tax credits and other financial incentives are available, as the property is located within a tax incentivized Federal "Opportunity Zone". The asking price is $2,900,000 with $1,000,000 in tax credits.
    Insight Report Location Intelligence

    Current Use by Public Records

    Omega Duct Cleaning ... Air Duct Cleaning Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pontiac
    County
    Oakland
    State
    Michigan
    Longitude
    -83.2882333
    Latitude
    42.6382629

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    FAQs

    What type of property is this?
    Office building - Historic building in Oakland County available for sale or joint venture.
    Where is this office building located?
    The property is located at 47700 Woodward Ave Pontiac, MI.
    What is the asking price?
    The asking price for this property is $2,900,000.
    What are key features of this property?
    This property features: - Significant tax credits and other financial incentives available, including $1,000,000 in tax credits.; - Located in a tax incentivized Federal "Opportunity Zone".; - Historic Central School building listed on the National Register of Historic Places.
    (248) 760-2525
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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
    47700 Woodward Ave Pontiac, MI 48341
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