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655 JOSLYN Avenue

$ 299,000


Excellent turn key opportunity to run your own restaurant. If interested, current Franchise is also for sale, but not necessary if you choose to start your own business. In 2010, this building was completely remodeled with all new electrical, plumbing and mechanical. GM Plant (across the street), US Post Office Metroplex, 3 hospitals, and United Mortgage are with delivery distance. Amazon is opening a distribution center 1.5 miles away ash the old Pontiac Silverdome site. This property also falls in an “Opportunity Zone”. The rental house next door at 654 Joslyn Avenue is also for sale for $40,000. This 2 bedroom/1 bathroom house has been remodeled, has a 2 car detached garage, and rented for $750.00/month.

Address: 655 JOSLYN AVE
Zip: 48342
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Property Id : 24988
Price: $ 299,000
Building size: 0.53 acres
Available Space: 1941 sq.ft.
Accessibility Features: Disabled Access
Active Openhouse Count: 0
Architecture Level: 1 Story
Assessment: 0
Building Area Source: Public Records
Business Type: Retail
CDOM: 181
Commercial Exterior Features: Outside Lighting,Perimeter Fence
Commercial Type: Commercial
Commercial Utilities: 220V Available,Air Cleaner,Handicap Access,Security Alarm
Construction Materials: Block/Concrete/Masonry
County Or Parish: Oakland
Current Use: pizza restaurant
Directions: Take Joslyn AVenue and building is south of E. Montcalm Street.
Directions From EastWest: W
Directions From EastWest Detail: Joselyn Avenue
Directions From NorthSouth: S
Directions From NorthSouth Detail: E. Montcalm Street
DOM: 181
Exterior Features: Private Entry
Foundation Details: Slab
Foundation Materials: Poured
Frontage Feet: 419
Gross Scheduled Income: 430000.00
Heating: Central Air,Forced Air
Heating Fuel: Natural Gas
Last Change Type: Price Decrease
List Office Name: Liberty Way Realty
List Price By Acre: 564150.9434
Lock Box Type: Appointment
Lot Size Dimensions: 227 X 113 X 68 X 87 X 147 X 45
MLS: Realcomp II Ltd
MLS Area Major: Pontiac
MLS Area Major Number: 02142
MLS Number: 219081941
Monthly Sales: 35833
Annual Net Income: 9000.00
Number Of Units Total: 1
Office Heating: Forced Air
Operating Expense: 421000.00
Original List Price: 325000.00
Ownership Status: Private Owned,Short Sale - No
Parcel Number: 1421178008
Plant Heating: Exhaust Fan,Forced Air
Postal City: Pontiac
Property Type: Commercial
Protection Period: 180
Road Frontage Type: Paved
Roof Material: Rubber
Room Count: 0
School District: Pontiac
Settlement: City
Sewer: Sewer-Sanitary
Short Sale: No
Sqft Main: 1941
Sqft Office: 0
Sqft Source: PRD
State Equalized Value: 52930.0000
Street Name: JOSLYN
Street Number: 655
Street Suffix: Avenue
Table: Commercial
Taxable Value: 50860.0000
Tax Amount Summer: 2806.0000
Tax Amount Winter: 89.0000
Tax Legal Description: T3N, R10E, SEC 21 MODERN HOUSING CORPORATION ADD LOT 375, ALSO 1/2 OF VAC ALLEY ADJ TO SAME, ALSO LOTS 376, 377, 387 & 644 5-25-10 FR 006, 007 & 330-013
Title: Private - Owned
Total Tax: 2895.0000
Unit Count: 0
Virtual Tour URL Unbranded:
Water Heater Fuel: Natural Gas
Water Source: Municipal Water
Year Built: 1970
Year Remodeled: 2010
Zoning: Commercial
Customer Comment: Yes
Encroachment: No
Exclusions: Yes
Land Contract: Yes
Publish Sale Price: Yes
Waterfront: No
IDX provided courtesy of Realcomp II Ltd., via Liberty Way Realty and Realcomp, © 2022 Realcomp II Ltd. Shareholders.

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