Recently Listed Foreclosure 500 Auburn Avenue
Pontiac, MI, 48342 $ 1,749,900
Bedrooms-- Baths-- Sq 22,814 Monthly Estimate*
$ 10,774
for $1,749,900. This 22,814 square foot building was built in 1950 on a lot size of 0.72.
Exceptional owner user or investment opportunity in the heart of Pontiac’s growing industrial corridor. This completely remodeled industrial/flex property offers 22,814 SF of versatile space with the flexibility to accommodate a wide range of commercial and industrial operations. Recent upgrades include new electrical, plumbing, and HVAC systems, creating a true turn-key opportunity for businesses or investors seeking immediate functionality and long-term value. Positioned on a prime main-road frontage location and zoned C-3 (Corridor Mixed Use), the property supports a broad range of uses including warehousing, bulk or cold storage, logistics, contractor operations, light or heavy manufacturing, distribution, flex industrial, showroom, and service-related businesses. The facility features clear heights ranging from 12’22’, three truck wells including one 8’ x 8’ and two 10’ x 12’ overhead doors, plus three additional garage doors for enhanced operational efficiency and multiple points of access. The building is powered with 480-volt / 200-AMP electrical service and upgraded LED lighting throughout. A beautifully finished 2,880 SF open office/showroom provides a modern front-facing presence ideal for administrative, retail, or client-facing operations. Ample front and rear parking are included, along with additional fenced outdoor storage and parking areas accessible from St. Francis Ave and Auburn Rd. Further strengthening the asset’s long-term upside, a new apartment development currently under construction next door is expected to increase daily traffic, nearby workforce housing, and demand for surrounding service, industrial, and distribution businesses. Whether for an owner-user looking to establish operations or an investor seeking a repositioned industrial asset in an improving market, this property presents a rare opportunity with immediate usability and future growth potential.
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FeaturesGeneralSewer PublicSewer
Possession AtClose
Garage Spaces 0.0
Construction Materials Brick
Year Built 1950
Property Subtype RealEstateOnly
Current Use Commercial Warehouse
County Oakland
Net Operating Income 0.0
Operating Expense 0.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Subdivision Name OSMUN GARDENS 2
Garage Y/N N
Building Features LoadingDockGrade LoadingDockWell
Status Active
Directions Just a couple minutes south you hit M-59 (Huron St) one of the main eastwest corridors through the city
City PontiacCity_Oakland
Senior Community Y/N N
High School District Pontiac
Zoning Description Commercial LightIndustry
MLS Area Area02142Pontiac
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 11158.0
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 195510
Expected Active Date 2026-05-12
Legal Description T3N R10E SEC 33 OSMUN GARDENS NO 2 LOTS 1 2 & 3 ALSO LOTS 19 & 20 ALSO OF 'ASSESSOR'S PLAT NO. 51' W 45 FT OF N 156.70 FT OF LOT 1 ALSO TRIANGULAR PART OF SD LOT 1 DESC AS BEG AT SE COR OF SD L
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ExteriorWater Source Public
Foundation Details Basement Block
Spa N
Building Area Total 22687.0
Lot Dimensions Irregular
Lot Size Acres 0.72
Waterfront Y/N N
Road Frontage Type ClassA
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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InteriorBasement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Above Grade Finished Area 22814.0
Above Grade Finished Area Unit Type SquareFeet
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* Excluded FeaturesList BySky Property Group LlcBroker
Affordability Calculator
- Monthly Principal & Interest
- $10,774
- Monthly Property Taxes
- $930
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save NearbyCommerical listings in Pontiac, MI
Average List Price $770,576
Percent of Sale Price 56%
About Pontiac, MI 59,088 Population
-11% Since 2002
$ 30,516 Median Income
35.44 Median Age
29% Households with Children
Trends Information provided by ATTOM Data Solutions.
848877 Elementary School
847985 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/12/2026 | $1,749,900 | | Listed Price |