Pontiac, MI 48342,50 Wayne Street
Pontiac, MI 48342,50 Wayne Street
Pontiac, MI 48342,50 Wayne Street
Pontiac, MI 48342,50 Wayne Street
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$ 1,899,999
Est. payment | /mo

26,880 SqFt


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$ 1,899,999
Est. payment | /mo
Save

26,880 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 26,880 sqft

Price per Sqft $70

Municipality Pontiac

Subdivision Pontiac

MLS Listing ID 20251054443

Year Built 1920

Annual Tax Amount $1,473

Lot Size 0.750 Acres

Acres 0.75

Lot Dimensions 120x141

Source Realcomp

Property Description

Welcome to your next generational wealth builder. Located in the heart of downtown Pontiac, this impressive 38-unit apartment building is ready for transformation. With fully approved plans and all city and building permits in place, you can close and begin interior work immediately. The project includes $1.9 million in approved grants to significantly reduce your out-of-pocket costs and allow you to reinvest directly into the renovation and future tenants. A rare opportunity in a rapidly growing market. Schedule your showing today. All showings will be held only with appointments, or our open houses/building tours.

Location

State MI

County Oakland

Area Oakland County - 70

Zoning Multi-Family

Direction Corner of Lawrence and Wayne St

Exterior

View Y/N No

Building

Water Public

Structure Type Brick

Schools

School District Pontiac

Others

Tax ID OR19100013

Listed by ICON Realty Experts, LLC

GET MORE INFORMATION

Shyanne Queen
Shyanne Queen

Associate Broker/Team Lead | License ID: 6506049089

+1(616) 610-2005 | shyannesoldit@gmail.com

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50 Wayne Street