Property summary
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 profile
VerifiedCap rate & NOI
Current use
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Car Dealership
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
BI · Pontiac, MIZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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