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Former YMCA 131 University Dr 46,263 SF Retail Building Pontiac, MI 48342 $995,000 ($21.51/SF)
Investment Highlights
- Located just outside Downtown Pontiac with direct frontage along University Drive and Woodward Avenue.
- Includes two swimming pools, dual gymnasiums, locker rooms, auditorium, and commercial kitchen for flexible redevelopment.
- Equipped with more than 125 dedicated parking spaces on 2.61 acres.
- Immediate access to M-59 and minutes from I-75 ensures strong regional connectivity.
- Provides 4 office areas with private layouts, supporting multi-use functionality.
- Positioned within a federally designated Opportunity Zone, allowing for potential tax advantages.
Executive Summary
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.
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.
Property Facts
Sale Type
Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Health Club
Building Size
46,263 SF
Building Class
C
Year Built
1938
Price
$995,000
Price Per SF
$21.51
Tenancy
Single
Building Height
4 Stories
Building FAR
0.41
Lot Size
2.61 AC
Opportunity Zone
Yes
Zoning
BI - C-0 Office Business
Parking
125 Spaces (2.7 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 14-28-152-033 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $758,700 |
Property Taxes
Parcel Number
14-28-152-033
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$758,700
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