Price Reduction
Address
59 N Saginaw St Pontiac, MI
Price
$ 1,650,000
Property Attributes
  • MLS#40150470
  • TypeLand
  • CountyOAKLAND
  • CityPontiac
  • AreaPontiac
  • NeighborhoodPontiac
  • Zip48342
  • StyleVacant Land
  • Taxes$ 750
  • Price$ 1,650,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.79 Acres
Listing Provided Courtesy Of:
PG Real Estate Group
Data Source:
Michigan Multiple Listing Service
Property Description

Tremendous opportunity for a prime downtown location with proximity to Living (new lofts), Entertainment, and McLaren Hospital. The property currently operates as a parking lot and generates significant income. Very upkept with new pavement and retaining wall. It is zoned C-2 Downtown (Mixed Use District). Principle permitted uses within this district include Mixed Use Building, Multiple Family Apartment Building, Retail, Restaurant, Office, Medical Clinic, and Recreational Facility. Special Exception uses include Townhouses, Child Day Care, Public Parking Structure, and School/College/University. The sale will include two lots (Property ID numbers 1429433005 & 1429433001) at .79 acres total. Opportunities with this property are limitless.

Price History
3/5/2021 Listed $2,000,000
5/3/2021 18% - $1,650,000

General Features

Association Fee Y/n No
Class VACANT LAND
Directions Downtown Pontiac on W Huron St Between Saginaw St and Wayne St
Financial Terms Cash, Conventional
Legal Description T3N, R10E, SEC 29 ORIGINAL PLAT LOT 134 LOT 135
Listing Area Pontiac (63142)
Municipality Pontiac
Originating Mls RealComp
Ownership Private
School District Pontiac City School District
Source Mls MI Real Source
Status Active
Status Active
Style Vacant Land
Subdivision ORIGINAL PLAT-PONTIAC
Subj To Short Sale Apprvl No
Type Vacant Land
Water Public Water
Zoning Mixed Use

Exterior Features

Frontage 286
Lot Dimensions 286 X 121 X 286 X 120
Lot Size Area 0.79
Roads Paved Street
Sewer Septic Public Sanitary
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 48342

Price
AVG $200K
$1.65M
Taxes
AVG $413
$750
Visits
AVG 40
21
Walkscore
AVG 47
73
Data Provided by Walkscore ® not using MLS data