317 Pontiac Trl Walled Lk Walled Lake, MI 48390

Property Details for 317 Pontiac Trl Walled Lk

Lot size

1.00 lot acres

Property size

5,887 SF

Property type

Office Properties & Spaces

Description

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.