614 Cesar E Chavez AvePontiac, MI 48342
- Office properties
- 493 SF
Property Details for 614 Cesar E Chavez Ave
- Year built
- 1960
- Lot size
- 0.40 AC
- Property size (Sq ft)
- 493 SF
- Zone code
- BI
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 64-14-19-431-008
- APU
- 641419431008
Description
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.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $84,396
- 6.5%
- $77,904
- 7%
- $72,339
-
Comparable approach
- Method
- Valuation
- Relative Method
- $46,115
- Geo Method
- $46,115
-
Alternative Use
- Use
- Valuation
- Residential
- $96,601
- Hospitality
- $88,486
- Educational
- $73,619
- Medical
- $76,151
- Retail
- $114,518
Location Insight
- City
- Pontiac
- County
- Oakland
- State
- Michigan
- Latitude
- 42.6525
- Longitude
- -83.3096
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].