349 E PIKE ST Active Save Request In-Person Tour Request Virtual Tour
Pontiac,MI 48342
Key Details
Property Type Commercial
Sub Type BusinessandRealEstate
Listing Status Active
Purchase Type For Sale
Square Footage 2,616 sqft
Price per Sqft $57
Subdivision Auburn Gardens No 2
MLS Listing ID 20250015681
Year Built 1967
Property Sub-Type BusinessandRealEstate
Property Description
Nestled in the heart of Pontiac, Michigan, this 2,616 sq. ft. commercial property presents an incredible investment opportunity. Currently occupied by a local ministry on a month-to-month lease, it offers immediate rental income, with the existing tenant interested in remaining under new ownership. The building itself is a blank canvas, ready for transformation, and has already undergone significant updates, including a new rubber roof, central air, plumbing, and electrical improvements. The parking lot has been repaved, the exterior has been freshly painted, and updated lighting enhances its curb appeal. Whether envisioned as a restaurant, retail space, or office, this property is situated in a future multi-family development zone, making it a smart buy for both immediate income and long-term potential. Additionally, an adjacent lot is available exclusively as an add-on purchase for further expansion possibilities. DO NOT APPROACH TENANT UNDER ANY CIRCUMSTANCES. Parcels Included: ID #1428411007 & #1428411006. Proof of funds or pre-approval is required for showings.
Location
State MI
County Oakland
Area Area02142Pontiac
Interior
Heating ForcedAir, NaturalGas
Exterior
View Y/N No
Roof Type Rubber
Building
Foundation Slab
Sewer PublicSewer
Water Public
Schools
School District Pontiac
Others
Acceptable Financing Cash, Conventional, WarrantyDeed
Listing Terms Cash, Conventional, WarrantyDeed
Special Listing Condition ShortSaleNo, Standard