Commercial C-3 Corridor
684 Auburn Avenue Pontiac, MI 48342
684 Auburn Avenue, Pontiac, MI, 48342
$150,000
For Sale
$150,000
COMMERCIAL - Pontiac, MI
Property Size1,672 SF
Lot Size0.29 Acres
Price / SF$89.71
Days on Market48
Property Features for 684 Auburn Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 14-34-103-001
- Size
- 1,672 SF
- Lot size
- 0.29 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 2716
Utilities
- Water source
- Public
Listing Agency
Realteam Real Estate
(586) 580-8092
45410 Van Dyke Ave., Shelby Township, MI
Listed by
Zachary Lewy · License #6501407954
(248) 408-2104
Added: Jun 1 Checked: Jul 18 at 6:06 pm
MLS# 50209690
Copyright © 2026 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale commercial property is located at 684 Auburn Avenue in Pontiac and is identified as a blank-slate site for repurposing. The offering notes the property was formerly operated as a self-serve car wash, and the city will no longer allow a car wash to operate on this site. The property is presented with redevelopment flexibility for a range of possible concepts, with automotive mechanic shop, small retail or service business, personal storage, or private office space cited as potential best uses.
The site is described as commercially zoned under a C-3 Corridor designation, positioned in the heart of Pontiac. The listing materials emphasize the site’s visibility and the general flexibility of the zoning category, which is relevant for investors, entrepreneurs, and developers evaluating alternate uses.
For tenants, buyers, or operators looking for a commercially zoned location to build out a new use, this property’s appeal is its stated adaptability rather than a fixed tenant improvement package. It may suit service-oriented businesses that can align with the available concept types referenced in the listing, as well as storage or office users seeking a dedicated site. Due diligence is encouraged given the noted restriction on car wash operations.
The site is described as commercially zoned under a C-3 Corridor designation, positioned in the heart of Pontiac. The listing materials emphasize the site’s visibility and the general flexibility of the zoning category, which is relevant for investors, entrepreneurs, and developers evaluating alternate uses.
For tenants, buyers, or operators looking for a commercially zoned location to build out a new use, this property’s appeal is its stated adaptability rather than a fixed tenant improvement package. It may suit service-oriented businesses that can align with the available concept types referenced in the listing, as well as storage or office users seeking a dedicated site. Due diligence is encouraged given the noted restriction on car wash operations.
Key Highlights
- Commercially zoned C‑3 Corridor property in Pontiac
- Public water service available
- Formerly operated as a self‑serve car wash; city will no longer allow a car wash to operate on the site
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $12.3k | $7.35 |
| − Vacancy | −$455 | −$0.27 |
| EGI | $11.8k | $7.08 |
| − OpEx | −$3.6k | −$2.12 |
| NOI | $8.3k | $4.95 |
1,672 SF · lease $7.35/SF/yr · vacancy 3.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$257.0K
$224.9K – $299.9K
NOI $17,991 @ 7.0% cap · market cap 11.99%
Second Best
Self Storage
$238.3K
$208.5K – $278.0K
NOI $16,678 @ 7.0% cap · market cap 11.12%
Theoretical Best
Specialty Retail
$360.6K
$315.6K – $420.8K
NOI $25,245 @ 7.0% cap · market cap 16.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Dr. Zoe Taylor
Dental Office
Similar For Sale Nearby
Similar Off Market Nearby
- Reading Truck — 55 E Silverdome Industrial Park #2985, Pontiac, MI 48342
FAQs
What type of property is this?
Auto shop - Commercially zoned site offering redevelopment flexibility with an existing history as a self-serve car wash.
Where is this auto shop located?
The property is located at 684 Auburn Avenue Pontiac, MI.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Commercially zoned C‑3 Corridor property in Pontiac; Public water service available; Formerly operated as a self‑serve car wash; city will no longer allow a car wash to operate on the site
