Property profile

694-722 Huron St Pontiac, MI 48341

OFF-MARKET
Industrial properties
11,741 SF 0.57 ac lot Built 1948
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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

Location

694-722 Huron St Pontiac, MI 48341
Pontiac metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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