For Sale
$3,200,000

694-722 Huron St Pontiac, MI 48341

High-Income Generating Industrial Property

Overview

Added:
Feb 3
Days on market:
77
This exceptional investment opportunity presents a 10-unit industrial plaza situated on a 0.57-acre lot in Pontiac, Michigan. The property boasts a total of 11,741 square feet and includes a thriving liquor store as one of its tenants. Financial records indicate the liquor store generates a remarkable $50,000 in weekly revenue. The remaining nine units contribute a substantial $18,600,000 annually in rental income. Further enhancing the property's profitability are additional revenue streams: a lottery machine yielding $30,000 annually, an ATM generating $1,700 monthly, and check cashing services producing $2,500 monthly. The property also features 30 walk-in coolers, a significant asset for various businesses. The property is offered at $3,200,000. A land contract option is available for qualified buyers. This is a rare chance to acquire a high-yield, multi-faceted commercial property with proven income streams and significant potential for future growth. Serious inquiries only. Please note that direct contact with on-site employees is discouraged during business hours. Further details regarding the land contract are available upon request.

Property Details for 694-722 Huron St

Property type
Industrial properties
Square Feet
11,741 SF
Year Built
1948
Lot Size (sq. ft)
24,829 SF

Location Insight

City
Pontiac
County
Oakland
State
Michigan
Latitude
42.63582
Longitude
-83.31844
694-722 Huron St, Pontiac, Michigan

FAQs

What type of property is this?
Industrial property - High-Income Generating Industrial Property
Where is the industrial property located?
The property is located at 694-722 Huron St Pontiac, MI.
What is the asking price?
The asking price for this property is $3,200,000.
How can I contact the broker?
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694-722 Huron St
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