989 University Dr Pontiac, MI 48342-1885

This exceptional 9,045 square foot office building presents a compelling investment opportunity in Pontiac, Michigan. Located at 989 University Dr, this Class C property boasts 8 units, currently 75% occupied, offering strong potential for passive income or owner-occupancy. Built in 1975, the building sits on a 0.96-acre lot and features 72 parking spaces, catering to tenants and visitors alike. The property is zoned C-1 and includes a mix of executive, medical, and traditional office spaces. The asking price is $649,000, translating to $71.75 per square foot. With an occupancy date of October 31, 2023, this property offers immediate income generation. Its prime location, just a couple of blocks west of N. Opdyke Rd and south of M-59, ensures high visibility and accessibility. The property's strong tenant base and solid occupancy rate make it an attractive investment for both passive income seekers and owner-occupants. The property's APN is 14-22-327-017, 14-22-327-022. This is a net lease investment.