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    OFF-MARKET
    Industrial properties

    694-722 Huron St, Pontiac, MI 48341

    11,741 SF 0.57 ac lot Built 1948
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a 10-unit industrial plaza situated on a 0.57-acre lot in Pontiac, Michigan. The property boasts a total of 11,741 square feet and includes a thriving liquor store as one of its tenants. Financial records indicate the liquor store generates a remarkable $50,000 in weekly revenue. The remaining nine units contribute a substantial $18,600,000 annually in rental income. Further enhancing the property's profitability are additional revenue streams: a lottery machine yielding $30,000 annually, an ATM generating $1,700 monthly, and check cashing services producing $2,500 monthly. The property also features 30 walk-in coolers, a significant asset for various businesses. The property is offered at $3,200,000. A land contract option is available for qualified buyers. This is a rare chance to acquire a high-yield, multi-faceted commercial property with proven income streams and significant potential for future growth. Serious inquiries only. Please note that direct contact with on-site employees is discouraged during business hours. Further details regarding the land contract are available upon request.

    Property profile
    Verified
    Property type Industrial properties
    Year built 1948
    Total area 11,741 SF
    Lot 0.57 ac (24,829 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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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