Commercial Corner or Operational Pontiac Nightclub for Sale

Vacant Land for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30169499
Property Subtypes: Retail
Gross Land Area: 1.71 Acres
Sale Price: $699,000
Unit Price: $408,771 Per Acre
Sale Terms: Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 2/20/2018

Overview / Comments

• 1.71 acres of land zoned B-1 Commercial.
• Outstanding redevelopment site.
• Excellent visibility on busy, signalized Perry St./Pontiac Road commercial corner.
• Adjacent to State and Federal Office buildings.
• 1/4 Mile east of the property is Auburn Hills and the many high-tech research buildings associated with the Automation Alley.
• The property can also be sold with existing FF&E and MLCC licenses. For an additional $100,000 MLCC licenses include Class C Liquor License, SDM (carry out), OD (Outdoor service), Dance and Entertainment licenses, and SS (Sunday Sales).

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Oakland
Submarket/Township: Pontiac
Tax ID/APN: 14-15-426-012
Property Located Between: E. Walton and University Dr.
Property Visibility: Excellent
Largest Nearby Street: North Perry Rd.

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,462 63,672 185,063
Median Age: 30.09 34.43 38.67
Households: 4,623 23,828 72,053


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