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    OFF-MARKET
    Office buildings

    614 Cesar E Chavez Ave, Pontiac, MI 48342-1057

    493 SF 0.4 ac lot Built 1960
    Entity Owned Free & Clear
    Property ID
    US43-0268382
    Property summary
    AI-generated overview

    This exceptional business opportunity encompasses a 500-square-foot auto shop, storefront, and car wash situated on a 0.4-acre lot in Pontiac, Michigan. Located at 614 Cesar E Chavez Ave, this property boasts a highly visible street frontage on a major thoroughfare with over 18,000 vehicles passing daily. The building, constructed in 1960 and extensively renovated in 2024, features a single story and is zoned C-3, allowing for a variety of uses. The property includes a fenced-in parking lot with capacity for approximately 50 vehicles. The interior and exterior have undergone recent renovations, including a new roof and repaved lot. This turnkey operation includes a used car dealership license currently undergoing renewal, which will transfer to the new owner. The property's prime location near downtown Pontiac, Woodward Avenue, and the M-59 corridor provides unparalleled access to a large customer base in Oakland County. This is a motivated seller opportunity. The APN is 1419431008. Asking price is $395,000.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1960
    Total area 493 SF
    Lot 0.4 ac (17,424 SF)
    Zoning code BI
    APN 64-14-19-431-008
    UPID US43-0268382
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Main Street Auto LLC
    Main Street Auto LLC
    since 2025
    7 recorded transactions
    2025
    2022
    $175,000
    2021
    $140,000
    2006
    2005
    $68,000
    2002
    2002
    $90,000
    Zoning & alternative use
    BI · Pontiac, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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