317 Pontiac Trl Walled LkWalled Lake, MI 48390

Property Details for 317 Pontiac Trl Walled Lk

Lot size

1.00 AC

Property size (Sq ft)

5,887 SF

Property type

Office properties

Description

This exceptional investment opportunity presents three contiguous properties totaling over one acre in Walled Lake's central business district on Pontiac Trail. The portfolio includes a 5,059 square foot office building featuring three units: one 1,050 square foot unit currently leased with a remaining lease term of over three years at $1,400 per month gross, and two vacant units totaling 4,000 contiguous square feet. The office building boasts a three-year-old roof with a warranty and fresh exterior paint (Fall 2023). Annual property taxes are approximately $15,000. Also included is an 828 square foot retail/office building (former mattress store) with new flooring, paint, and restrooms, situated on 0.61 acres. This building's annual property taxes are approximately $8,200. Finally, a 0.53-acre vacant lot completes this versatile offering. The entire portfolio is listed at $1,100,000, offering a price per square foot of $186.85. The properties can be purchased individually or as a complete package, presenting a unique opportunity for diverse investment strategies. This prime location provides excellent visibility and accessibility, making it an ideal investment for both immediate income generation and future development potential.

Location Insight

City

Walled Lake

County

Oakland

State

Michigan

Latitude

42.5334

Longitude

-83.4846

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