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    47700 Woodward Ave Pontiac, MI 48342

    Sponsored
    For Sale
    $2,900,000

    32,000 SF Executive Office, $2.9M

    Property size:
    32,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This stunning 32,000-square-foot executive office building, located at 47700 Woodward Avenue in Pontiac, Michigan, presents a unique investment opportunity. Priced at $2,900,000, this Class C property offers a compelling combination of historical charm and modern functionality. Situated on a 32,000-square-foot lot, the building boasts 120 parking spaces and enjoys a prime location in Oakland County, overlooking downtown Pontiac and McLaren Oakland Hospital. Its convenient location at the southeast corner of M-59 and Woodward Avenue provides easy access to I-75, numerous restaurants, banking services, and other businesses. The building, listed on the National Register of Historic Places, features a blend of historical and modern architectural elements, making it suitable for a variety of uses, including corporate headquarters, single or multi-tenant occupancy, or redevelopment. This owner/user opportunity is further enhanced by significant tax credits, including $1,000,000 in available credits, and its location within a Federal Opportunity Zone, offering substantial financial incentives. The property is offered with a NNN lease type. The asking price equates to $90.63 per square foot.

    Property Features for 47700 Woodward Ave

    General Information

    Property type
    Office buildings
    Square Feet
    32,000 SF
    Class
    C

    HighLights

    • $2.9M asking price with $1M in available tax credits.
    • Historic, National Register‑listed Central School building available for lease, purchase, or joint venture.
    • Prime Oakland County location overlooking downtown Pontiac and McLaren Oakland Hospital.
    • Excellent access to restaurants, banks, and other businesses.
    • High‑visibility corner location at M‑59 and Woodward Ave, with easy I‑75 access.
    • Blends historic charm with modern design elements.
    Property Profile 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
    -83.2881845
    Latitude
    42.6378768

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    FAQs

    What type of property is this?
    Office building - 32,000 SF Executive Office, $2.9M
    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: $2.9M asking price with $1M in available tax credits.; Historic, National Register-listed Central School building available for lease, purchase, or joint venture.; Prime Oakland County location overlooking downtown Pontiac and McLaren Oakland Hospital.
    (248) 399-9999
    Request Owner's contact information
    47700 Woodward Ave Pontiac, MI 48342
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    Pontiac, MI 48342
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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 48342
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