
Pontiac, Michigan
Type: Land, Retail License
Size: 2.0 acres
- Full description below -
📍 Pontiac, Michigan
🚦 Prime 2-Acre Cannabis Development Site with Transferable License
💰 Offering Price: $1,699,999
🔥 Investment Highlights
- ✅ Transferable Adult-Use Cannabis License Included
- ✅ Approximately 2 Acres of Commercial Land
- ✅ Hard Corner Location with High Daily Traffic Counts
- ✅ Excellent Visibility Along Walton Boulevard
- ✅ Close Proximity to I-75 and Great Lakes Crossing
- ✅ Flexible Development Opportunity
- ✅ Multiple Commercial Use Scenarios
- ✅ Growing Commercial Corridor
- ✅ Surrounded by Established Residential Neighborhoods
- ✅ Public Water & Sewer Available
- ✅ Site Plans, Surveys, Renderings & Municipal Documents Available
- ✅ Potential Parcel Split Opportunity
- ✅ Rare Cannabis-Zoned Development Opportunity in Oakland County
🏢 Executive Summary
A rare opportunity to acquire a highly visible 2-acre commercial development sitelocated at 529 E Walton Boulevard in Pontiac, Michigan. Positioned on a prominent hard corner along one of the area's major commercial corridors, the property offers exceptional exposure, strong traffic counts, and direct access to major transportation routes including Interstate 75.
What truly differentiates this offering is the inclusion of a transferable adult-use cannabis dispensary license, creating a significant barrier-to-entry advantage in one of Michigan's most established cannabis markets. The site provides investors, developers, and operators with the flexibility to pursue a wide range of commercial uses while maintaining the option to develop a cannabis retail operation.
The property sits near major regional draws including Great Lakes Crossing Outlets, numerous national retailers, automotive businesses, restaurants, and dense residential communities. As commercial development continues to expand throughout the Pontiac and Auburn Hills markets, this location is strategically positioned to benefit from increasing consumer traffic and long-term growth.
Whether utilized as a cannabis dispensary, gas station, car wash, retail plaza, drive-thru concept, self-storage facility, or mixed-use development, this site offers exceptional versatility and future upside.
🏗️ Development Opportunity
The property's size, location, and zoning flexibility create multiple pathways for value creation.
Potential uses include:
- Cannabis Dispensary
- Gas Station / Convenience Store
- Car Wash
- Retail Strip Center
- Multi-Tenant Retail Plaza
- Quick-Service Restaurant with Drive-Thru
- Self-Storage Facility
- Automotive Service Uses
- Mixed-Use Commercial Development
- Medical or Professional Office Development
- Investment Hold for Future Appreciation
The seller indicates the site may be divisible into multiple parcels, creating additional flexibility for phased development or resale strategies. City documentation, conceptual site plans, surveys, and renderings are available for qualified buyers.
📊 Property Overview
Property Type: Land
Subtype: Commercial Development Land
Lot Size: 2.00 Acres
Lot Size (SF): 87,120 SF
Sale Type: Investment / Development
Zoning: Commercial
Utilities:
- Public Water Available
- Public Sewer Available
- Natural Gas Available
Ownership: Fee Simple
Cannabis License: Transferable Adult-Use License Included
Parcel Count: Multiple Parcels Included
📍 Location Advantages
🚗 Strategic Hard Corner Position
Located at the intersection of Walton Boulevard and Joslyn Road, the property benefits from exceptional visibility and convenient access from multiple directions. The surrounding corridor serves as a major commuter and retail route throughout northern Oakland County.
🛍️ Regional Retail Draw
The site is positioned minutes from Great Lakes Crossing Outlets, one of Michigan's largest shopping destinations, generating substantial regional consumer traffic. Numerous national retailers, restaurants, and service businesses further support the area's strong commercial fundamentals.
🏘️ Strong Residential Base
Large established residential neighborhoods surround the property, providing a built-in customer base for future retail, service, and cannabis operations.
🛣️ Interstate Connectivity
Immediate access to I-75 provides convenient regional connectivity to Detroit, Auburn Hills, Troy, and the broader Southeast Michigan market.
🌿 Cannabis Market Positioning
Cannabis-approved development opportunities with a transferable license are increasingly difficult to secure in mature Michigan markets. This property provides buyers with:
- Existing cannabis entitlement advantage
- Significant reduction in licensing hurdles
- Prime retail visibility
- Strong regional demographics
- Established cannabis consumer market
- Limited supply of similarly entitled sites
For operators seeking market entry or expansion, this represents an opportunity to accelerate development timelines while avoiding many of the challenges associated with obtaining new municipal approvals.
📝 Summary Overview
This highly visible 2-acre commercial development site in Pontiac, Michigan combines a premier hard-corner location, strong regional traffic patterns, and a transferable adult-use cannabis license into a compelling investment opportunity. Positioned near Great Lakes Crossing, major residential neighborhoods, and Interstate 75, the property offers exceptional flexibility for cannabis, retail, automotive, storage, or mixed-use development. With municipal planning materials already available and continued growth throughout the surrounding corridor, this is a rare chance to control a strategically located, cannabis-entitled development site in one of Michigan's most active commercial markets.
Listing Broker Contact Information:
Victor Shauni - EXP Realty
Direct: (248) 420 - 5101
Email: vicshauni21@gmail.com












