694 Huron St Pontiac, MI 48341-1523
- Super regional malls
- 11,741 SF
- 0.57 lot acres
Current Use by Public Records
- Huron Plaza Liquor Store / Grocery Store / Liquor Store
- Western Union / Money Transfer Service
- Aaa Huron Liquor / Liquor Store
- LibertyX Bitcoin ATM / Atm
Property Details for 694 Huron St
- Year built
- 1948
- Lot size
- 0.57 lot acres
- Property size
- 11,741 SF
- Zone code
- BI
- Property type
- Super regional malls
- APN
- 64-14-30-451-013
- APU
- 641430451013
Description
This exceptional investment opportunity presents a 10-unit refrigerated/cold storage facility located at 694 W Huron St, Pontiac, MI 48341. The property boasts a substantial 11,741 square feet of space situated on a 24,873 square foot lot. Built in 1948, this well-established facility currently generates significant income. The on-site plaza includes a liquor store generating $50,000 in weekly revenue, while the remaining ten units contribute $18,600,000 annually in rental income. Additional income streams include a $30,000 annual lotto revenue, a $1700 monthly ATM fee, and $2500 monthly check cashing revenue. The property also features 30 walk-in coolers, enhancing its operational capabilities. The asking price for this lucrative investment is $3,200,000. A land contract is available for qualified buyers. Please note that the property includes a liquor store and other income-generating businesses. Prospective buyers should conduct their own due diligence to verify all income figures. This is a rare opportunity to acquire a high-performing, established cold storage facility with significant income potential in a desirable location. Serious inquiries only.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pontiac
- County
- Oakland
- State
- Michigan
- Longitude
- -83.3184
- Latitude
- 42.6358
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
