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    OFF-MARKET
    Office Spaces

    317 Pontiac Trl Walled Lk, Walled Lake, MI 48390

    5,887 SF 1 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents three contiguous properties totaling over one acre in Walled Lake's central business district on Pontiac Trail. The portfolio includes a 5,059 square foot office building featuring three units: one 1,050 square foot unit currently leased with a remaining lease term of over three years at $1,400 per month gross, and two vacant units totaling 4,000 contiguous square feet. The office building boasts a three-year-old roof with a warranty and fresh exterior paint (Fall 2023). Annual property taxes are approximately $15,000. Also included is an 828 square foot retail/office building (former mattress store) with new flooring, paint, and restrooms, situated on 0.61 acres. This building's annual property taxes are approximately $8,200. Finally, a 0.53-acre vacant lot completes this versatile offering. The entire portfolio is listed at $1,100,000, offering a price per square foot of $186.85. The properties can be purchased individually or as a complete package, presenting a unique opportunity for diverse investment strategies. This prime location provides excellent visibility and accessibility, making it an ideal investment for both immediate income generation and future development potential.

    Property profile
    Verified
    Property type Office Spaces
    Total area 5,887 SF
    Lot 1 ac (43,560 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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