131 University Dr - Health Club FOR SALE


Pontiac, MI 48342
$995,000 USD
248-880-7191
131 University Dr, Pontiac, MI for Sale
$995,000 USD
Health Club - FOR SALE
1/31
null | Request Cap Rate

131 University Dr
Pontiac, MI 48342


HIGHLIGHTS

  • Located just outside Downtown Pontiac with direct frontage along University Drive and Woodward Avenue.
  • Immediate access to M-59 and minutes from I-75 ensures strong regional connectivity.
  • Includes two swimming pools, dual gymnasiums, locker rooms, auditorium, and commercial kitchen for flexible redevelopment.
  • Provides 4 office areas with private layouts, supporting multi-use functionality.
  • Equipped with more than 125 dedicated parking spaces on 2.61 acres.
  • Positioned within a federally designated Opportunity Zone, allowing for potential tax advantages.

OVERVIEW

Former Pontiac YMCA consisting of a 46,263 square foot building situated on 2.61 acres. The property includes a 125+ space parking lot and offers a variety of recreational, assembly, and office areas. Building features include men's and women's locker rooms with showers, two swimming pools, two gymnasiums, a fitness/weight room, auditorium with stage, commercial kitchen, and dining area. The facility also contains four separate office areas, each with its own reception area and private offices. The property's layout and existing infrastructure can accommodate a variety of institutional, educational, recreational, religious, office, or redevelopment uses.

FOR SALE DETAILS

PRICE

$995,000 USD

PRICE/SF

$22 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Former YMCA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Health Club

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1938

SPRINKLERS

-

PARKING SPACES

125

LAND DETAILS

LAND ACRES

2.61 AC

LAND SF

113,692 SF

ZONING

BI

APN/PARCEL ID

14-28-152-028,14-28-152-033

ASK ABOUT THIS PROPERTY

Jacob RosbergSVN | Cohn Commercial Properties, Inc.More Info
248-880-7191

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Jacob RosbergSVN | Cohn Commercial Properties, Inc.More Info
248-880-7191

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