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Woodward Avenue Commercial Opportunity
For Sale
$1,500,000

45258 Woodward Ave, Pontiac, MI 48341

Commercial building with cannabis license included, formerly a restaurant.

Property SizeContact for details
Lot Size0.60 Acres
Days on Market151

Property Features for 45258 Woodward Ave

General Information

Standard status Active
Lot size 0.60 Acres
Property subtype Commercial

Building Details

Year Built 1971
Listing Agency:
Listed By: George Bush
Source: Elliman
Added: Mar 24 Changed: Jul 6 Last Checked: Aug 20 at 7:37AM

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 George Bush

Investment Insights

Based on property information with market context.

This commercial property is located on Woodward Avenue, across from the M1 Concourse. The building, formerly a restaurant, is available for a new commercial venture. The sale price includes an adult-use cannabis license. The property is also available at a reduced price without the license.

Key Highlights

  • Adult use cannabis license included.
  • Prime location on Woodward across from M1 Concourse.
  • Formerly a restaurant, ready for a new venture.

Property Analytics

Current Use

MTonysTacos Restaurant

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Law Firm Big Box & Wholesale Store Auto Repair Shop

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

881
Businesses Nearby
24k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 74% Shops & Services 26%
McDonald's Dining
17,988 visits/mo 0.1 miles
Sunoco Shops & Services
6,336 visits/mo 0.1 miles

Demographics for 48341, MI

16,980
Population
8,601
Households
2
Avg Household Size
38
Median Age
24%
College-Educated
86%
High-School Grad
6.7 sq mi
ZIP Area
2,534
Density / Sq Mi
$46,185
Median Household Income
$34,200
Median Earnings
$917
Median Rent
$124,600
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • Big Tim's Eatery 542 Nebraska Ave, Pontiac, MI 48341

Frequently Asked Questions

What type of property is this?
Restaurant - Commercial building with cannabis license included, formerly a restaurant.
Where is this restaurant located?
The property is located at 45258 Woodward Ave Pontiac, MI.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Adult use cannabis license included.; Prime location on Woodward **across from M1 Concourse.**; Formerly a restaurant, ready for a new venture.
More about this property
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