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$ 8,900,000
Est. payment /mo
Active
1 Lafayette Street Pontiac, MI 48342 2032
45,912 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 45,912 sqft
Price per Sqft $193
Subdivision Mi
MLS Listing ID 60989235
Annual Tax Amount $21,853
Lot Size 0.730 Acres
Acres 0.73
Lot Dimensions Irregular
Property Sub-Type Commercial/Industrial
Property Description
Iconic downtown Pontiac property originally constructed as one of the city's early Masonic buildings. Solid masonry construction with scale, presence, and architectural character that cannot be replicated today. Positioned within Pontiac's historic core, the building offers a true value-add opportunity for adaptive reuse or ideal for event, hospitality, mixed-use, or creative redevelopment. You may purchase the asset and liquor license with or without the catering business. A rare chance to acquire a legacy structure with strong bones, historic significance, and multiple exit strategies in an evolving downtown corridor. This is just under 80,000 SF of usable space including the renovated basement with a spectacular speakeasy lounge! There are two vacant retail spaces on the Saginaw facing side ripe for restaurant use.
Location
State MI
County Oakland
Area Pontiac (63142)
Zoning Commercial
Interior
Heating Forced Air, Radiant
Building
Foundation Basement
Water Public Water
Structure Type Brick,Other,Stone
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional,Exchange/Trade
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Tower Real Estate