600 Motor St - Schools FOR SALE


Pontiac, MI 48341
$499,000 USD
248-760-2525
600 Motor St, Pontiac, MI for Sale
$499,000 USD
Schools - FOR SALE
1/8
null | Request Cap Rate

600 Motor St
Pontiac, MI 48341


HIGHLIGHTS

  • Positioned on an entire city block with access from all four surrounding roads.
  • Features include a gymnasium, football field, and more than 50 classrooms.
  • Located minutes from Bloomfield Hills, Telegraph Road, and I-75 for convenient access.
  • Substantial 7.32-acre lot offering significant flexibility for large-scale projects.
  • Recent roof improvements completed on major sections to enhance durability.
  • Ample on-site parking accommodating a variety of operational needs.

OVERVIEW

Discover a unique opportunity to acquire a substantial former school campus in Pontiac, Michigan, positioned on a full city block spanning approximately 7.32 acres. The property features a 105,169-square-foot structure originally constructed in 1927 with subsequent renovations, offering a solid framework for an adaptive reuse or redevelopment project. Currently zoned R-1, it provides potential for educational, institutional, office, medical, or mixed-use adaptation with proper approvals. The site benefits from excellent connectivity, located just minutes from Bloomfield Hills, major transportation corridors such as I-75, and Telegraph Road, enhancing regional accessibility for both operations and future users. Surrounding retail districts and business corridors add to its appeal, creating a linkage between community services and commercial amenities. The property includes a full-size gymnasium, football field with goal posts, multiple offices, and numerous classrooms, making it adaptable to a variety of institutional or creative reuse scenarios. Recent roof replacements on primary sections underscore the commitment to maintenance, reducing immediate capital demands for structural integrity. Offering expansive on-site parking and multiple points of ingress/egress from four surrounding roads, this asset is suitable for developers and investors seeking a versatile site in a market with active redevelopment initiatives.

FOR SALE DETAILS

PRICE

$499,000 USD

PRICE/SF

$5 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Jefferson Middle

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Schools

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1929

SPRINKLERS

-

PARKING SPACES

90

LAND DETAILS

LAND ACRES

7.32 AC

LAND SF

318,859 SF

ZONING

R-1

APN/PARCEL ID

19-05-257-001

ASK ABOUT THIS PROPERTY

Eric BanksDominion Real Estate AdvisorsMore Info
248-760-2525

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Eric BanksDominion Real Estate AdvisorsMore Info
248-760-2525

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