Property profile

120 Columbia Ave Pontiac, MI 48340

OFF-MARKET
Warehouses
Property ID
US43-1792578
21,001 SF 1.94 ac lot Built 1960
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Property summary

AI-generated overview

This single-tenant industrial warehouse, located at 120 E Columbia Ave in Pontiac, Michigan, presents a compelling investment opportunity. The 21,001-square-foot building sits on a 1.94-acre lot and boasts a 10'-16'9" ceiling height, ideal for various industrial uses. The property includes two dock-high doors, facilitating efficient loading and unloading. Ample parking is provided with 35 spaces. The warehouse features a 2,250-square-foot office area, an 800-square-foot walk-in freezer, and a 400-square-foot walk-in cooler, adding significant value and versatility. Three additional grade-level doors (measuring 12' x 14', 12' x 10', and 8' x 8') enhance accessibility. Two truckwells further improve operational efficiency. The property is fully fenced and includes extra land to the west. Built in 1960, the building is zoned C-3 Commercial, offering flexibility for a range of businesses. The asking price is $1,495,000, translating to $71.19 per square foot. This well-maintained warehouse offers a strong return on investment in a desirable location within Oakland County.

Property profile

Verified
Property type Warehouses
Year built 1960
Total area 21,001 SF
Lot 1.94 ac (84,506 SF)
UPID US43-1792578

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Marketing & Advertising Event Planning

Location

120 Columbia Ave Pontiac, MI 48340
Pontiac metro
Google Maps

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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