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451 E Wilson Ave

46,461 SF Industrial Building Pontiac, MI 48341 $3,995,000 ($86/SF)

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Investment Highlights

Newer bay doors and openers (4) in total.
Brand new 12-inch thick decorative screen brick wall.
2,000 SF storage building and outside storage permit for vehicles.

(1) oversized 18x20ft door and (3) 14x12ft doors.
Paved material bin pads.
8-inch reinforced concrete around the outside of the building.

Executive Summary

New roof, skylights and gutters. Freshly painted exterior. Remodeled offices and bathrooms. Freshly painted interior of office and shop. 8-inch reinforced concrete floor in shop freshly poured. New LED lighting throughout shop area. 2-inch spray foam insulation throughout the shop area. Heavy buss duct electrical and air lines throughout shop. 7 cranes ranging from 5 ton to 50 ton with 10 ton auxiliary. Ceiling height 25-35 ft under hook. Security throughout building with cameras, alarm and key card access. Oil/water separator for all interior drains. 2 waste oil burners that are negotiable with sale.

451 Wilson Sale 040324

Property Facts

Price	$3,995,000	No. Stories	1
Price Per SF	$86	Year Built/Renovated	1970/2023
Sale Type	Owner User	Tenancy	Single
Property Type	Industrial	Parking Ratio	2.3/1,000 SF
Property Subtype	Warehouse Industrial Manufacturing	Clear Ceiling Height	35 FT
Building Class	C	No. Drive In / Grade-Level Doors	4
Lot Size	4.70 AC	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Rentable Building Area	46,461 SF

Price	$3,995,000
Price Per SF	$86
Sale Type	Owner User
Property Type	Industrial
Property Subtype	Warehouse Industrial Manufacturing
Building Class	C
Lot Size	4.70 AC
Rentable Building Area	46,461 SF
No. Stories	1
Year Built/Renovated	1970/2023
Tenancy	Single
Parking Ratio	2.3/1,000 SF
Clear Ceiling Height	35 FT
No. Drive In / Grade-Level Doors	4
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.