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108 W LAWRENCE Street Pontiac, MI 48341 1725
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Key Details
Sold Price $2,000,000
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 59,382 sqft
Price per Sqft $33
Subdivision Mi
MLS Listing ID 60187799
Sold Date 11/29/23
Annual Tax Amount $6,179
Lot Size 0.870 Acres
Acres 0.87
Lot Dimensions 163 x 201 x 262 x 174
Property Description
GREAT OPPORTUNITY TO DEVELOP PROPERTY INTO AN APARTMENT COMPLEX, SELF-STORAGE BUILDING, BOAT STORAGE BUILDING AND MORE! ZONING OF PROPERTY ALLOWS FOR MANY USES! OWN OR LEASE APPROXIMATELY 60,000 SF OF INDUSTRIAL SPACE IN PONTIAC. PROPERTY IS SITUATED IN A GREAT LOCATION, CLOSE TO ALL MAJOR HIGHWAYS WITH EASY ACCESS TO M-59, I-75, AND WOODWARD AVENUE. THREE LOADING DOCKS, MULTIPE POINTS OF ACCESS TO THE BUILDING, 16’ CEILING HEIGHTS, POWER UPGRADE AVAILABLE (QUOTES ON FILE AND AVAILABLE UPON REQUEST). ROOF IS APPROXIMATELY 10 YEARS OLD AND IS COMPOSED OF ROLL-OUT ASHPHALT MATERIAL. SELLER FINANCING AVAILABLE WITH APPROXIMATELY 30% DOWN. OWNER IS WILLING TO DO UP TO A TEN-YEAR TERM WITH AN 8% INTEREST RATE. PROPERTY IS ALSO AVAILABLE FOR LEASE AT $3.00 PSF/ABSOLUTE NET. TENANT IMPROVEMENT CONCESSIONS AVAILABLE.
Location
State MI
County Oakland
Area Pontiac (63142)
Zoning Commercial
Exterior
Waterfront No
Roof Type Asphalt
Building
Water Public Water
Structure Type Block
Others
Ownership Private
Acceptable Financing Land Contract
Listing Terms Land Contract
Financing Cash,Conventional
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Bought with Odessa Properties