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Additional details
$ 2,000,000
Est. payment /mo
Active
50 Wayne ST Pontiac, MI 48342
26,880 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type BusinessandRealEstate
Listing Status Active
Purchase Type For Sale
Square Footage 26,880 sqft
Price per Sqft $74
MLS Listing ID 20251054443
Year Built 1920
Lot Size 0.750 Acres
Acres 0.75
Property Sub-Type BusinessandRealEstate
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 Area02142Pontiac
Interior
Heating NaturalGas, WallFurnace
Fireplace No
Exterior
View Y/N No
Garage false
Building
Sewer PublicSewer
Water Public
New Construction No
Schools
High Schools Pontiac
School District Pontiac
Others
Senior Community false
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition ShortSaleNo, Standard
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Listed by Amer Bally of ICON Realty Experts, LLC