148 W Walton Blvd, Pontiac, Oakland County, MI

Listing description

What the seller provided

T3N, R10E, SEC 8 MARIMONT SUB LOTS 120 TO 124 INCL 12-3-97 FR 023 & 024 ~100 ft frontage on W Walton (to S), ~100 ft deep. Alley frontage to the north. Commercial land use code 201. Built in 1968. This commercial building sits on a busy street with high visibility. Good sized paved parking lot leads to a large metal gate. The fenced in section has an large detached garage. Shingled roof appears to be in good shape. There is a lot of DIY cameras, solar, and other wiring all over the roof and in the home. A decent amount of the windows have been boarded. Vinyl siding is in decent shape. Electric and gas meter are still hooked up and appear active. There is personal property and debris throughout the property and in the parking lot. Two vehicles parked on the lot. Metal security doors on the main building. The interior of the building is in poor shape. There are three "bedrooms" and two bathrooms. The bathrooms are in disrepair. There was a fire inside the building but no major fire damage. The furnace has been harvested. 200 amp breaker panel on main floor. Small water heater. The basement had standing water and there was a sump pump running. Mold throughout the building. Block and poured foundation has issues. Water spicket has been running inside the garage for an undetermined time and has slowing been eroding the ground under the foundation. The poured slab around the garage has large cracks and settling. The main slab the garage is built on has no cracks and looks good. Its just everything down hill from the garage that's been effected. Spicket was turned off during visit but the damage has been done. The garage is in nice shape compared to the home. No mold and fairly clean. Full of personal property. The building is nearly 60 years old and there are major repairs needed. It's going to need someone with the right resources and time to get it back into safe usable condition. It will no doubt be a task but there is potential here if the foundations aren't a complete loss. Buyers are strongly encouraged to conduct their own due diligence before placing a bid. If you're considering development, please contact the local planning or zoning department to inquire about building restrictions, such as minimum square footage requirements and other land use regulations.

Record details

County

Oakland

Parcel #

64 14-08-380-041

Local unit

City of Pontiac

Delinquent taxes

$2,433

State equalized value

$58,570