600 MOTOR Street Pontiac, MI ^$ 299,000

600 MOTOR Street

^$ 299,000

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600 MOTOR Street

Pontiac, MI, 48341

^$ 299,000

Studio Baths0.0 Sq 105,169

Monthly Estimate*

^$ 1,987

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Studio

Commercial Property for sale in Pontiac, MI

for $299,000. This 105,169 square foot building was built on a lot size of 7.32.

Great Commercial or Residential redevelopment opportunity for junior college, trade school, R & D, office, Medical , or tear down and use land for new residential development with access from all 4 roads (Property is one square block surrounded by access roads) Built as Jefferson / Whitier Junior High school, on 7.32 acres, currently zoned R-1, minutes from Bloomfield Hills, I-75, Telegraph. Major Price reduction from $795k. Solid building construction. Good portion of primary roof replaced, needs to be finished and some flat top roof repair done. Many offices high ceilings, full size gym, football field with goal posts. 50 plus classrooms etc. Plenty of parking.

Commercial Active

Price

^$ 299,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 8,842

Style

Commercial/Industrial

Lot Size

7.32

Town/City

Pontiac

County/Region

Oakland

MLS | Web ID

60301025

Features

General

Possession At Close

Water Public Water

Status Active Active

Year Built 19

Subdivision FAIRVIEW HEIGHTS SUB MI

County Oakland

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership Private

Municipality Pontiac

Zoning Residential

Area Pontiac (63142)

Primary City Pontiac

Directions N on Franklin to W on Luther to Motor

City Pontiac

Street Name MOTOR

Financial Terms Cash

Legal Description T2N R10E SEC 05 FAIRVIEW HEIGHTS SUB LOTS 184-199 INCL ALSO LOTS 230-245 INCL & PCE OF LD ADJ ON S 50 FT N S BY 640 FT. E & W & LOTS 278-293 INCL ALSO LOTS 324 TO 339 INCL.

DOM 35

Postal Code 48341

Price Per Sq Ft Total 2.84

Coming Soon Great Commercial or Residential redevelopment opportunity for junior college trade school R & D office Medical

Exterior

Exterior Brick

Frontage 2276

Lot Size Area 7.32

Lot Dimensions 640 x 498

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Michael Todd

Listing Agent

Todd Enterprises Inc

Broker

lee@toddenterprisesllc.com

Affordability Calculator

$2,724

Per Month

Monthly Principal & Interest: $1,987
Monthly Property Taxes: $737
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% 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

Trends
Schools

Commerical listings in Pontiac, MI

Average List Price ^$515,677

Percent of Sale Price 72%

About Pontiac, MI

59,088 Population

-11% Since 2002

^$30,516 Median Income

35.44 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/7/2024	$299,000	-33.41%	Price Down
4/17/2024	$449,000		Listed Price

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600 MOTOR Street, Pontiac, MI, 48341 is a Commercial Property for sale at $299,000 with 105,169 sqft and a lot size of 7.32. 600 MOTOR Street is a studio with 0.0 baths. The property's zip code is 48341 which is in Pontiac, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% 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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600 MOTOR Street

Commercial Property for sale in Pontiac, MI

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