Redevelopment Site | Senior Living

245 South Paddock Street, Pontiac, MI 48342

Property Information

  • For Sale Not Disclosed - Contact Agent for Details
  • Property Type VacantLand
  • Lot Size 3.15 Acre
  • Date Updated May 14, 2026

Description

Discover the vibrant city of Pontiac, MI, where the property is located. Nestled in a dynamic community, the area offers a variety of amenities and attractions ideal for Multifamily/High-Rise investors. Explore the nearby popular Pontiac attractions, such as the historic Pontiac Silverdome, now a hub for events and entertainment, the Great Lakes Crossing Outlets for premier shopping, and the picturesque Pontiac Lake State Recreation Area. With a blend of urban conveniences and natural beauty, the area provides an enticing setting for potential investors looking to capitalize on the thriving Pontiac market.The West Manor Senior Apartments site presents a shovel-ready redevelopment opportunity with minimal entitlement risk and a clear path to construction. Previously approved for a 90-unit, four-story senior housing development totaling approximately 92,000 square feet, the project has secured key approvals including zoning, site plan, engineering, and architectural clearances—allowing an investor to move directly into permitting and vertical construction. Following a prior casualty event, the site now offers a clean slate for modern development, enabling updated design, construction efficiencies, and full compliance with current building standards. Planned as a mixed-income community with 44 rent-restricted and 46 market-rate units, the project supports a diversified revenue strategy and aligns well with financing tools such as LIHTC, HOME funds, and conventional debt. Situated on a 3.14-acre site with strong frontage along S. Paddock, Willard, and Cottage Streets, the property benefits from proximity to healthcare, retail, and major employment centers in Oakland County—supporting long-term demand for senior housing. With its entitlement certainty, strong fundamentals, and potential for service-enhanced living, this opportunity offers a compelling path to stabilized yield and long-term value creation.

Highlights

  • All Major Approvals Secured – Zoning, site plan, engineering, and architectural approvals completed; permits are the primary remaining step.
  • Amenity-Rich Design – Includes fitness center, community spaces, medical office, and outdoor gathering areas to enhance resident experience.
  • Clean Slate for Modern Construction – Prior casualty event allows for efficient redevelopment without demolition constraints.
  • Institutional-Quality Scale – Planned as a 4-story, ~92,000 SF senior living community with strong unit density.
  • Prime 3.14-Acre Location – Strong frontage along S. Paddock, Willard, and Cottage Streets with excellent accessibility.
  • Shovel-Ready Development Site – Fully entitled for a 90-unit senior housing project, significantly reducing pre-development timeline and risk.
  • Strong Market Fundamentals – Located in Oakland County with proximity to healthcare systems, employment hubs, and sustained senior housing demand.

Contacts

Kishon Harbert

Encore Real Estate Investment Services

Location

Contact Listing Broker
Kishon Harbert

Encore Real Estate Investment Services

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