Pontiac Office Building For
158 Cesar E Chavez Ave, Pontiac, MI 48342
Office building with stable income and redevelopment potential in Pontiac.
Type:Office
- Added:
- Jan 27, 2026
- Days on Market:
- 115
- Last Refresh:
- Apr 5 at 11:30 pm
Property Features for 158 Cesar E Chavez Ave
General Information
- Standard status
- Active
- Property subtype
- Office
Listing agent Daniel Canvasser (248) 350-8141
Listing office Newmark - Corporate (248) 350-8141
Listing date Jan 27, 2026
Source Nmrk
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Newmark - Corporate
HighLights
- Stable income from existing leases (OLHSA expiring March 31, 2028 and PAE expiring June 30, 2029).
- Opportunity to assume CMBS debt with a 5.65% interest rate, monthly payments of $99,492.69, and maturity in August 2028 (current balance $10,455,070 as of December 31, 2024).
- Redevelopment opportunity to create a new market position through capital improvements, leveraging Pontiac's revitalization and incentive programs.
- Strategic location in Pontiac, Oakland County, approximately 20 miles north of Detroit, offering a dynamic environment for business growth.
- Desirable access and location, situated within a half mile of Woodward Ave and close proximity to highways M‑59 and I‑75, just 30 minutes from Downtown Detroit.
- Proximity to nationally recognized tenants, Fortune 500 companies, convenient public transportation, restaurants, and shopping.
Overview
This property offers stable income with existing leases; one expiring on March 31, 2028, and another on June 30, 2029. The buyer has the option to assume CMBS debt from the seller, with monthly payments of $99,492.69 at an interest rate of 5.65%, maturing in August 2028. As of December 31, 2024, the loan balance is $10,455,070. New ownership has the opportunity to redevelop the property through capital improvements. The city's incentive programs are bringing new infrastructure, living spaces, and businesses to the community. Located in Pontiac, Oakland County, approximately 20 miles north of Detroit, the property is positioned for business growth and investment. The city is undergoing economic revitalization, enhancing the downtown area with new dining, shopping, and entertainment options. Situated within a half mile of Woodward Ave and close to highways M-59 and I-75, the property is just 30 minutes from Downtown Detroit. The surrounding area hosts nationally recognized tenants and Fortune 500 companies. Public transportation, restaurants, and shopping are conveniently located nearby.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Office buildings
Location Insight
- Map
- Local Demand
- City
- Pontiac
- County
- Oakland
- State
- Michigan
- Longitude
- -83.2974
- Latitude
- 42.6438
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Office building with stable income and redevelopment potential in Pontiac.
Where is this office building located?
The property is located at 158 Cesar E Chavez Ave Pontiac, MI.
What are key features of this property?
This property features: Stable income from existing leases (OLHSA expiring March 31, 2028 and PAE expiring June 30, 2029).; Opportunity to assume CMBS debt with a 5.65% interest rate, monthly payments of $99,492.69, and maturity in August 2028 (current balance $10,455,070 as of December 31, 2024).; Redevelopment opportunity to create a new market position through capital improvements, leveraging Pontiac's revitalization and incentive programs.
