1 Lafayette St - Restaurant FOR SALE


Pontiac, MI 48342- Pontiac Downtown
$5,000,000 USD
313-505-3713
1 Lafayette St, Pontiac, MI for Sale
$5,000,000 USD
Restaurant - FOR SALE
1/28
null | Request Cap Rate

1 Lafayette St
Pontiac, MI 48342
Pontiac Downtown


HIGHLIGHTS

  • RESURGENT PONTIAC NEIGHBORING BLOOMFIELD, ROCHESTER, WATERFORD, AUBURN HILLS.
  • 2.7 MILES TO I-75/M-59 INTERCHANGE, 1.5 MILES TO TELEGRAPH/M-59 INTERCHANGE.
  • JUST OVER 1/2 MILE TO M59/WOODWARD 4.5 MILES TO GREAT LAKES CROSSING.

OVERVIEW

Currently owner-occupied and operating as a successful event and catering venue, this property includes a transferable Class C liquor license and a fully equipped commercial kitchen. Offsite catering and events are welcome. The building offers just under 80,ooo sq. ft., with 6,500 sq ft of potential restaurant space, featuring direct frontage on Saginaw Street. Additional documentation available upon seller approval.

FOR SALE DETAILS

PRICE

$5,000,000 USD

PRICE/SF

$63 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1923

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.73 AC

LAND SF

31,799 SF

ZONING

BI

APN/PARCEL ID

14-29-410-001

ASK ABOUT THIS PROPERTY

Lisa DebsTower Real EstateMore Info
313-505-3713

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Lisa DebsTower Real EstateMore Info
313-505-3713

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.