Property summary
This 38,976 square foot, two-story former elementary school, built in 1944 and renovated in 1956, sits on a 4.59-acre lot in Pontiac, Michigan. Currently vacant, the property requires significant redevelopment. The building, constructed of brick and concrete, features a large gymnasium, performance space, locker rooms, shower rooms, a full kitchen/cafeteria, over 20 classrooms, and several smaller offices. While the building has sustained vandalism and fire damage, including broken windows, it is considered structurally sound (though no formal assessment has been conducted). The property includes 150 surface parking spaces (3.85 per 1,000 sq ft). Zoned ME (R1), it offers significant redevelopment potential. The location is highly desirable, directly across from the General Motors Propulsion Systems World Headquarters on Joslyn Avenue, near I-75, and close to other major employers including Amazon, Lee Contracting, and United Shore Mortgage. The property's original fixtures and equipment remain. The parcel ID is 64-14-16-451-012. Asking price is $450,000.
Property profile
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Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
ME · Pontiac, MIZoning
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Zoning designation
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