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    592 Cesar E Chavez Ave Pontiac, MI 48342

    For Sale
    $300,000

    Established Business, High-Traffic Location

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional commercial property at 592 Cesar E Chavez Avenue in Pontiac, Michigan, presents a unique investment opportunity. Priced at $300,000, this 0.11-acre lot boasts a substantial building currently configured as a single office with the potential for up to six additional offices. Its strategic location near Woodward Avenue and Telegraph Road ensures high visibility and accessibility. The property includes 42 paved parking spaces, providing ample parking for clients and employees. A significant advantage is the existing business operating on the premises, holding a transferable B license, fully insured and bonded by the State of Michigan. This established business is a well-regarded community fixture. The sale includes two adjacent lots (1420305003 and 1420305001). Three-quarters of the property is fenced for enhanced security. A storage shed at the rear is not included in the sale. The building also features two bathrooms. The zoning designation is B**, allowing for a variety of commercial uses. This turnkey operation offers immediate income potential and significant growth opportunities. Don't miss this chance to acquire a thriving business and prime commercial real estate in a desirable location.

    Property Features for 592 Cesar E Chavez Ave

    General Information

    Property type
    Other commercial real estate
    Lot Size
    4,792 SF

    Building Details

    Year Built
    1920
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    House Of Cars Car Dealer

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pontiac
    County
    Oakland
    State
    Michigan
    Longitude
    -83.30917
    Latitude
    42.6521

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    FAQs

    What type of property is this?
    Commercial real estate - Established Business, High-Traffic Location
    Where is this commercial real estate located?
    The property is located at 592 Cesar E Chavez Ave Pontiac, MI.
    What is the asking price?
    The asking price for this property is $300,000.
    (248) 657-7000
    Request Owner's contact information
    592 Cesar E Chavez Ave Pontiac, MI 48342
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    592 Cesar E Chavez Ave Pontiac, MI 48342
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