120 Columbia Ave, Pontiac, MI 48340
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.
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Cap rate
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Property description
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