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$ 2,700,000
Est. payment /mo
New
50 Wayne Street Pontiac, MI 48342
26,880 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 26,880 sqft
Price per Sqft $100
Municipality Pontiac
Subdivision Pontiac
MLS Listing ID 20251054443
Year Built 1920
Annual Tax Amount $1,473
Lot Size 0.750 Acres
Acres 0.75
Lot Dimensions 120x141
Source Realcomp
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 Oakland County - 70
Zoning Multi-Family
Direction Corner of Lawrence and Wayne St
Exterior
View Y/N No
Building
Water Public
Structure Type Brick
Schools
School District Pontiac
Others
Tax ID OR19100013
Listed by ICON Realty Experts, LLC