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4479 Pontiac Lake Road

$ 376,500
4479 Pontiac Lake RD ,
39
Active

Description

There are 2 buildings on this property, a 6120 sq ft bi-level office in front (grade level entrance in front to upper level and grade level entrance in back to lower level) and a 3,050 sq ft garage type commercial building in rear with office and work shop. Approximately 20 rentable spaces total, all tenants on one year or less leases. Brand new roof on main building in just a few months ago. Numerous options for owner occupant to keep some tenant income from one or both buildings. Mostly long term tenants that would like to stay. Assessed and taxed at $711k, taxes should be appealed and reduced. Less than one block from M-59. Lower level common area floors were just tiled. 3 bathrooms in main bldg, one in rear. Rear bldg is currently used as auto repair shop but could be many options with several offices and an upper loft. Brand new $18,000 boiler installed 2019

Address: 4479 Pontiac Lake RD
State/County:
Zip: 48328
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Property Id : 23880
Price: $ 376,500
Building size: 1.40 acres
Available Space: 9170 sq.ft.
Active Openhouse Count: 0
Architecture Level: Multi-Level
Building Area Source: Measured
Buildings List: Other
Business Type: Office
CDOM: 876
Commercial Exterior Features: Doors 10-15 ft
Commercial Type: Commercial
Construction Materials: Brick,Brick Siding,Wood
County Or Parish: Oakland
Current Use: multi tenant office and commercial
Directions: M-59 (Highland Rd) to W on Pontiac Lake Rd one block
Directions From EastWest: W
Directions From EastWest Detail: Highland Rd
Directions From NorthSouth: S
Directions From NorthSouth Detail: Pontiac Lake Rd
Distance To Airport: 2
Distance To Interstate: 10
Distance To Rail: 8
DOM: 876
Foundation Details: Slab
Foundation Materials: Poured
Frontage Feet: 210
Gross Scheduled Income: 75000.00
Heating: Baseboard,Central Air,Forced Air,Hot Water
Heating Fuel: Natural Gas
Last Change Type: Price Decrease
List Office Name: Todd Enterprises Inc
List Price By Acre: 268928.5714
Lock Box Type: Appointment
Lot Size Dimensions: 210x305x230x250
MLS: Realcomp II Ltd
MLS Area Major: Waterford Twp
MLS Area Major Number: 02131
MLS Number: 217039489
Monthly Sales: 6300
Annual Net Income: 59000.00
Office Heating: Central Air
Operating Expense: 16000.00
Original List Price: 439900.00
Ownership Status: Private Owned,Short Sale - No
Parcel Number: 1322253005
Percent Leased: 95
Plant Heating: Forced Air
Postal City: Waterford
Property Type: Commercial
Protection Period: 180
Road Frontage Type: Paved
Roof Material: Rubber
Room Count: 0
School District: Waterford
Settlement: Township
Sewer: Sewer-Sanitary
Short Sale: No
Side Of Street: S
Sqft Main: 6120
Sqft Office: 6120
Sqft Source: MEASURED
State Equalized Value: 353410.0000
Street Name: Pontiac Lake
Street Number: 4479
Street Suffix: Road
Table: Commercial
Taxable Value: 328290.0000
Tax Amount Summer: 12731.4000
Tax Amount Winter: 3974.1000
Tax Legal Description: 13-22-253-005
Title: Private - Owned
Total Tax: 16705.5000
Unit Count: 0
Water Heater Fuel: Natural Gas
Water Source: Municipal Water
Year Built: 1960
Zoning: Commercial,Office
Airport: Yes
APOD Available: Yes
Customer Comment: Yes
Encroachment: No
Exclusions: No
Interstate: Yes
Inventory Included: No
Inventory List: No
Land Contract: No
Legal Rental Certified: No
Publish Sale Price: Yes
Railroad: Yes
Restrictions: No
Waterfront: No
Zone Conform: Yes
IDX provided courtesy of Realcomp II Ltd., via Todd Enterprises Inc and Realcomp, © 2021 Realcomp II Ltd. Shareholders.

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