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Investment Highlights

  • 131 University Drive, a former YMCA, provides four office areas with private layouts, supporting multi-use functionality.
  • Includes two swimming pools, dual gymnasiums, locker rooms, auditorium, and commercial kitchen for flexible redevelopment.
  • Immediate access to Michigan 59 and minutes from Interstate 75 ensures strong regional connectivity.
  • Located just outside Downtown Pontiac with direct frontage along University Drive and Woodward Avenue.
  • Positioned within a federally designated Opportunity Zone, allowing for potential tax incentives and advantages supporting adaptative repurpose.

Executive Summary

SVN | Cohn Commercial is pleased to present the adaptive repurpose/redevelopment opportunity of the former Pontiac YMCA building, at 131 University Drive in Pontiac, Michigan.

The subject consists 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. The site’s layout and existing infrastructure can accommodate a variety of institutional, educational, recreational, religious, office, or redevelopment uses.

Existing building features include men's and women's locker rooms with showers, two swimming pools, two gymnasiums, a fitness/weight room, an auditorium with a stage, a commercial kitchen, and a dining area. The facility also contains four separate office areas, each with its own reception area and private offices.

Positioned within one of the nation’s most resilient and evolving metropolitan economies, this redevelopment opportunity offers investors the chance to capitalize on Detroit’s long-term growth trajectory and economic diversification. Supported by a robust employment base spanning automotive manufacturing, healthcare, technology, professional services, education, and logistics, the market continues to drive demand across the commercial and residential real estate sectors. Detroit’s strategic location along the Detroit-Windsor international trade corridor, one of North America’s most significant border crossings, further strengthens the region’s role in transportation, warehousing, and distribution. Combined with ongoing investment in advanced manufacturing, mobility innovation, and a deep regional labor pool, the area provides a compelling foundation for transformative redevelopment.

As Michigan's largest population center, the Detroit market offers the scale, infrastructure, and economic relevance that investors seek when pursuing value-creation and long-term appreciation opportunities.

Property tours are by appointment only. Please contact the listing broker to schedule.

Matterport 3D Tour

3D Exterior

Offering Memorandum Click Here to Access

Data Room Click Here to Access

Market Analytics Click Here to Access

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Market Sale Price per SF

Detroit - MI USA

Market Cap Rate

Detroit - MI USA

Market Sale Price per SF by Star Rating

1 - 2 Star

3 Star

4 - 5 Star

Market Cap Rate by Star Rating

1 - 2 Star

3 Star

4 - 5 Star

Market Sale Price per SF Distribution

Market Cap Rate Distribution

Property Facts

Sale Type
Investment
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Retail
Property Subtype
Health Club
Building Size
46,263 SF
Building Class
C
Year Built
1938
Tenancy
Single
Building Height
4 Stories
Building FAR
0.41
Lot Size
2.61 AC
Opportunity Zone
Yes
Parcel Numbers
14-28-152-028
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

Demographics

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 mile
3 mile
5 mile
2025 Population
12,768
81,287
168,827
2020 Population
11,600
73,239
156,527
2030 Population
13,254
84,513
174,481
2025-2030 Projected Population Growth
3.8%
4.0%
3.3%
Daytime Employees
6,399
56,678
107,435
Total Businesses
778
4,875
9,502
Average Household Income
$56,161
$68,870
$98,227
Median Household Income
$38,208
$49,331
$67,226
Total Consumer Spending
$99.7M
$769.6M
$2B
Median Age
36.7
37.9
39.5
2025 Households
4,744
32,645
69,690
Percent College Degree or Above
6%
13%
19%
Average Home Value
$128,604
$208,414
$359,998

Nearby Major Retailers

Anytime Fitness
PNC Bank
Checkers

Sale Advisors

Sale Advisors

Jacob Rosberg, Advisor
Jacob has been with SVN Cohn Commercial Properties since 2019. Since then, Jacob has gained experience in project leasing, investment sales, dispositions and vacant land development. Jacob has had the privilege of working with a national client base including, The Kroger Corporation, Dealpoint Merrill, STORE Capital, The McDonalds Corporation, and Slate Asset Management. Jacob primarily focuses on retail landlord & tenant representation in Oakland County.

When not working, Jacob enjoys the outdoors, boating, fishing and flying as a licensed Private Pilot. Jacob is a member of ICSC.
Harry Cohn, Managing Director
From his modest beginnings from starting his first real estate company at the age of 28, to investing in his first commercial property at the age of 32, to establishing one of the most well recognized commercial real estate brokerage companies in the Metro Detroit area, it has been quite the ride.  

The firm has now been blessed with the opportunity to join a nationally recognized commercial real estate firm SVN Incorporated.     Harry and his expanding team will now have the opportunity not to only represent commercial real estate transactions throughout the 50 states using SVN’s collaborative platform but to offer our clients expanded services and marketing tools that are unique to the industry.

Some of the higher profile transactions that Harry’s team have facilitated are sold are listed below but the charitable causes that the company has been involved in are the accomplishments that SVN Cohn Commercial is most proud of.  

We are looking forward to the many opportunities ahead of us.

About the Auction Technology

Auctions by Ten-X are the #1 transaction technology powering commercial real estate transactions online. With over $34B in total transactions, these auctions use best-in-class technology and real-time asset intelligence to put listings in the best position to find the perfect buyer. The expedited auction timeline, comprehensive due diligence, and buyer qualification make transactions twice as fast and twice as certain for brokers, owners, and investors.
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Auction Contact

John Artozqui
Auctioneer License: Ten-X, LLC Arlene Richardson RE Brkr 6505431586
  • Listing ID: 40853021

  • Date on Market: 8/20/2026

  • Last Updated:

  • Address: 131 University Dr, Pontiac, MI 48342

3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000
Maximum Transaction Fee
$300,000
Example Calculation
Winning Bid Amount
$5,000,000
Transaction Fee
$150,000 (3%)
Total Purchase Price
$5,150,000
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