349 E Pike Street Pontiac, MI $ 149,900
349 E Pike Street
$ 149,900
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349 E Pike Street

Pontiac, MI, 48342
$ 149,900
Baths0.0 Sq 2,616

Monthly Estimate*

$ 898

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Studio

Commercial Property for sale in Pontiac, MI

for $149,900. This 2,616 square foot building was built in 1967 on a lot size of 0.24.

Here’s an exciting investment opportunity in the heart of Pontiac, Michigan! This 2,616 sq ft commercial property is currently leased on a month-to-month basis by a local ministry, providing immediate rental income. Current tenant does wish to remain should the new owner be interested. The property itself is a blank canvas with many of the larger updates. Including the Parking Lot has been repaved, Exterior Lighting, Recently painted ext and NEW Central Air. New Rubber roof & many updates inside including Plumbing & Electrical. Perfect for transformation into a restaurant, retail space, or office space. Located in an area highlighted on the future planning and zoning map as potential multi-family development, this property offers a unique chance to generate income now while planning for a high-return development later. Plus, an adjacent lot is available for an additional price, adding even more possibilities for expansion or future projects. Don’t miss out on this prime opportunity to invest in Pontiac’s future! DO NOT APPROACH TENANT UNDER ANY CIRCUMSTANCES Parcels Included are ID: 1428411007 & 1428411006 Must show pre approval or proof of funds prior to showing.

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Commercial Active

Price

$ 149,900

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 2,333

Style

Lot Size

0.24

Year Built

1967

Town/City

Pontiac

County/Region

Oakland

MLS | Web ID

20240064214

Features
Interior
Heating Fuel Natural Gas
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General
Sewer Public Sewer (Sewer-Sanitary)
Possession At Close
Zoning Commercial Multi-Family
Year Built 1967
Property Type Commercial
Subdivision Name AUBURN GARDENS NO 2
Transaction Type Sale
Status Active
Short Sale No
Construction Materials Block/Concrete/Masonry
Cumulative Days on Market 13
MLS Area Pontiac
Directions South of E Huron and East of Woodward. The property is on the NW Corner of E Pike street & Roselawn
City Pontiac
Terms Offered Cash Conventional Warranty Deed
School District Pontiac
Land Contract 0
Ownership Status Short Sale - No Private Owned
Assessment 0.00
Total Sq Ft 2616
DOM 13
Taxes 2333.0000
Legal Description T3N R10E SEC 28 AUBURN GARDENS NO. 2 LOT 1
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Exterior
Waterfront 0
Lot Size Area 0.24
Water Source Public (Municipal)
Foundation Slab
Lot Size Dimensions 119 x 90
Roof Material Rubber
Architecture Level 1 Story
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Internal Only
Originating MLS Realcomp II Ltd
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* Excluded Features
List By
Julie Pawlak

Listing Agent

Kw Domain

Broker

(586) 246-7764

Phone

Affordability Calculator

$1,092
Per Month
82%
18%
0%
Monthly Principal & Interest
$898
Monthly Property Taxes
$194
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
848877 Elementary School
847985 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/29/2024$149,900 Listed Price

Map


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349 E Pike Street, Pontiac, MI, 48342 is a Commercial Property for sale at $149,900 with 2,616 sqft and a lot size of 0.24. 349 E Pike Street is a studio with 0.0 baths and was built in 1967. The property's zip code is 48342 which is in Pontiac, MI