Huron St Pontiac, MI 48341
- Commercial real estate
- 0.57 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for Huron St
- Year built
- 1948
- Lot size
- 0.57 lot acres
- Property type
- Commercial real estate
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pontiac
- County
- Oakland
- State
- Michigan
- Longitude
- -83.293
- Latitude
- 42.6388
