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Retail Plaza with Income Potential
For Sale
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694-722 W Huron, Pontiac, MI 48341

Retail plaza with multiple income streams for sale.

Property SizeContact for details
Days on Market784

Property Features for 694-722 W Huron

General Information

Standard status Active
Property subtype Special Purpose
Zoning BI
Listing Agency: Century 21 AAA North Sterling Heights
Listed By: Mays Al Raheem · License #MI
Source: Crexi
Added: Jun 19, 2024 Changed: Aug 11 Last Checked: Aug 11 at 9:54AM

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 Century 21 AAA North Sterling Heights

Investment Insights

Based on property information with market context.

A retail plaza featuring 10 units is available for purchase. The property includes a liquor store with a reported income of $50,000 per week. Additional income is generated from the units, reportedly totaling $18,600 per month. The property also benefits from a lottery service, reportedly generating $30,000 yearly, as well as an ATM and check cashing service, reportedly producing $1,700 and $2,500 per month, respectively. The liquor store is equipped with 30 walking coolers. The property is located in Pontiac, MI.

Key Highlights

  • High store income: $50,000 per week.
  • Substantial rental income: $18,600 per month from units.
  • Liquor store included in sale.

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Bakery Storage Facility Acupuncture Cafe & Coffee Shop (Bike/Boat/Book/etc) Store

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

639
Businesses Nearby
16k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 44% Shops & Services 38% Apparel 10% Electronics 8%
Arby's Dining
7,157 visits/mo 0.5 miles
Belle Tire Shops & Services
4,478 visits/mo 0.5 miles
Snipes Apparel
1,682 visits/mo 0.4 miles
Advance Auto Parts Shops & Services
1,326 visits/mo 0.4 miles
Metro by T-Mobile Electronics
1,261 visits/mo 0.4 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
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Similar Off Market Nearby

  • Oakland Pointe Shopping Center Telegraph Rd, Pontiac, MI 48341
  • Colony Square Waterford Twp, MI 48328

Frequently Asked Questions

What type of property is this?
Shopping center - Retail plaza with multiple income streams for sale.
Where is this shopping center located?
The property is located at 694-722 W Huron Pontiac, MI.
What is the asking price?
The asking price for this property is $3,150,000.
What are key features of this property?
This property features: High store income: $50,000 per week.; Substantial rental income: $18,600 per month from units.; Liquor store included in sale.
(248) 991-5010 Call to check price and availability
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