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50 Wayne Street Pontiac, MI $ 2,000,000
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$ 2,000,000 Get more info
50 Wayne Street
$ 2,000,000
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Open House 12/12 2pm - 3pm
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50 Wayne Street

Pontiac, MI, 48342
$ 2,000,000
Bedrooms-- Baths-- Sq 26,880

Monthly Estimate*

$ 12,477

50 Wayne Street, Pontiac, MI 48342 - Image 1
50 Wayne Street, Pontiac, MI 48342 - Image 2
50 Wayne Street, Pontiac, MI 48342 - Image 3
50 Wayne Street, Pontiac, MI 48342 - Image 4

Commercial Property for sale in Pontiac, MI

for $2,000,000. This 26,880 square foot building was built in 1920 on a lot size of 0.75.

Welcome to your next generational wealth builder. Located in the heart of downtown Pontiac, this impressive 38-unit apartment building is ready for transformation. With fully approved plans and all city and building permits in place, you can close and begin interior work immediately. The project includes $1.9 million in approved grants to significantly reduce your out-of-pocket costs and allow you to reinvest directly into the renovation and future tenants. A rare opportunity in a rapidly growing market. Schedule your showing today. All showings will be held only with appointments, or our open houses/building tours.

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Open House

12/12/2025 2:00 PM - 3:00 PM
50 Wayne Street Pontiac, MI
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
Commercial Active

Price

$ 2,000,000

Property Type

Commercial

Taxes

$ 1,473

Style

BusinessandRealEstate

Lot Size

0.75

Year Built

1920

Town/City

Pontiac

County/Region

Oakland

MLS | Web ID

20251054443
Features
General
Sewer PublicSewer
Heating NaturalGas WallFurnace
Possession AtClose
Garage Spaces 0.0
Construction Materials Block Brick
Year Built 1920
Levels Story4to10
Property Subtype BusinessandRealEstate
Current Use Vacant
County Oakland
Net Operating Income 0.0
Operating Expense 0.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Garage Y/N N
Status Active
Directions Corner of Lawrence and Wayne St
City PontiacCity_Oakland
Senior Community Y/N N
High School District Pontiac
Zoning Description MultiFamily
MLS Area Area02142Pontiac
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 1473.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Vacant
Tax Assessed Value 60780
Expected Active Date 2025-11-16
Legal Description PA 146 OF 2000 CERTIFICATE #3-19-0013 12/31/19 - 12/30/31 REFERENCE #14-29-433-003 50 WAYNE ST
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Exterior
Water Source Public
Spa N
Building Area Total 26880.0
Lot Dimensions 120x141
Lot Size Acres 0.75
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 26880.0
Above Grade Finished Area Unit Type SquareFeet
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Internal Only
Street Number 1 50
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* Excluded Features
List By
Amer Bally

Listing Agent

Icon Realty Experts, Llc

Broker

(586) 945-3424

Phone

Affordability Calculator

$12,600
Per Month
99%
1%
0%
Monthly Principal & Interest
$12,477
Monthly Property Taxes
$123
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
848877 Elementary School
847985 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
12/5/2025$2,000,000 -13.04% Price Down
11/25/2025$2,300,000 -14.81% Price Down
11/17/2025$2,700,000 Listed Price

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50 Wayne Street, Pontiac, MI, 48342 is a Commercial Property for sale at $2,000,000 with 26,880 sqft and a lot size of 0.75. 50 Wayne Street was built in 1920. The property's zip code is 48342 which is in Pontiac, MI

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