$270,000
$310,000
12.9%For more information regarding the value of a property, please contact us for a free consultation.
35 S JOHNSON ST Pontiac, MI 48341
8,038 SqFt
Key Details
Sold Price $270,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 8,038 sqft
Price per Sqft $33
Subdivision Brainard Sub
MLS Listing ID 217052351
Sold Date 09/20/17
Originating Board Realcomp II Ltd
Year Built 1963
Annual Tax Amount $16,995
Lot Size 1.700 Acres
Lot Dimensions 288x150.22
Property Sub-Type Commercial
Property Description
Once this Professional Building Sold for $1.30 Million and then the Owners let it go. The Current Owner has put approximately $150000 into renovations in the last 2 years with improvements being made still today. The City has this property assessed at $616+K thanks to a Tax Appeal, but the Taxes should go lower with this Sale! The Hospital is coming Back! much in part to new Ownership and a New contract to be a Teaching Facility. New Tenants are starting to come and will come as the Hospital bounces back. Oakland County Economic Development will get behind a New Owner and should assist in Financing
We are offering this property for roughly the SEV!! It is not the Money, the Current Owner has a New Business out of the Country which is taking his Time and Attention; at one time He was a Physician at the Hospital Across the Street so their is a sentimental attachment.
Location
State MI
County Oakland
Area Pontiac
Zoning Office
Direction From Telegraph follow Huron E. to Johnston turn Left. from I-75 take University W. towards Huron, take Huron W. to Johnson turn Left.
Interior
Hot Water Natural Gas
Heating Central Air, Hot Water
Heat Source Natural Gas
Exterior
Utilities Available 3 Phase Power, Cable TV, Elevator, Security Alarm
Roof Type Rubber
Road Frontage Class A
Building
Foundation Basement
Sewer Sewer-Sanitary
Water Municipal Water
Level or Stories 3 Story
Structure Type Aluminum,Block/Concrete/Masonry,Brick,Other
Schools
School District Pontiac
Others
Tax ID 1429353014
Ownership Private Owned,Short Sale - No
SqFt Source PRD
Rebuilt Year 2016
Financing Cash,Conventional,Land Contract
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