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    FOR SALE
    Banks

    900 Joslyn Ave, Pontiac, MI 48340

    3,450 SF 0.85 ac lot Built 1966
    Entity Owned 5-yr Hold Free & Clear
    Property ID
    US43-0244094
    Property summary
    AI-generated overview

    This exceptional 3,450-square-foot commercial property, located at 900 Joslyn Avenue in Pontiac, Michigan, presents a unique investment opportunity. Built in 1966, this single-story, stand-alone building sits on a 0.85-acre lot and boasts excellent visibility and frontage on Joslyn Avenue. Its strategic location directly across from the General Motors Pontiac Campus ensures high traffic and exposure. The property features a large parking lot and convenient drive-thru lanes, making it ideal for a variety of commercial uses. The building's history as a bank is reflected in the still-in-place bank vault, offering potential for unique adaptations. The asking price is $699,900, translating to $202.87 per square foot. The property is zoned for commercial use and offers significant potential for redevelopment or repurposing. This is a rare opportunity to acquire a well-situated, versatile commercial property in a high-traffic area with ample parking and drive-thru capabilities. The property's size and features make it suitable for a range of businesses. Don't miss this chance to capitalize on this prime Pontiac location.

    Property profile
    Verified
    Property type Banks
    Use group FINANCIAL BUILDING
    Year built 1966
    Total area 3,450 SF
    Lot 0.85 ac (37,026 SF)
    Zoning code BI
    APN 64-14-21-201-001
    UPID US43-0244094
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    F & Ljoslyn LLC · 5 yrs held
    F & Ljoslyn LLC
    since 2020
    Last sale
    $225,000
    3 recorded transactions
    2020
    $225,000
    2006
    2000
    Zoning & alternative use
    BI · Pontiac, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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