700 Cesar E Chavez Ave - Warehouse FOR SALE


Pontiac, MI 48340
$575,000 USD
248-245-9073
700 Cesar E Chavez Ave, Pontiac, MI for Sale
$575,000 USD
Warehouse - FOR SALE
1/15
null | Request Cap Rate

700 Cesar E Chavez Ave
Pontiac, MI 48340


HIGHLIGHTS

  • 8,000 sq ft retail/warehouse building with large open bays and masonry construction
  • Situated on a 0.593-acre site in Pontiac's Central Business District, ideal for mixed-use
  • Paved and gravel parking area accommodating 25-30 cars

OVERVIEW

Property Appraised at $580,000. Iconic and beloved Paul’s Auto Interiors building at 700 Cesar E Chavez is offered for the first time ever. This is a 2-site property containing a 0.50 acre main site and a 0.093 acre second site with a combined total of 0.593 acres. IMPROVEMENTS - a one-story 8,000-s.f. retail/warehouse building built in 1964 by Paul Riemenschneider. Large front door is 10 ft tall x 12 ft wide. The Rear Door is 10 ft tall x 14 ft wide. Clearance of 10 feet from floor to bottom of upper beams with wide open bays and no stanchions, The building has been used for auto and boat re-upholstery for the past 61 years. STRUCTURE: the Exterior Walls are Masonry, Building Frame is Masonry/Metal, Foundation is Concrete Slab, Roof is slightly pitched with Rubber Membrane, and Floor Structure is Concrete. Rear storage yard is fenced. The paved and gravel parking area could accommodate 25-30 cars. The property's C-1 Central Business District zoning allows for mixed uses such as retail, offices, daycare, schools, churches, and residential. Both parcels are zoned C-1 Central Business District with an MMOD and Adult Use Marihuana Overlay District. According to the City clerk's office there were no applications made for the overlay district and the time has expired for this type of use on the site. Fantastic location near the corner of Montcalm/N Cass Avenue. Welcoming front foyer, which includes a service desk, an office, half bath and space for displays. The foyer offers windows into the shop area and a pedestrian door that leads into the shop. Shop includes huge open bays, wash area, private storage and a second half bath for employees.

FOR SALE DETAILS

PRICE

$575,000 USD

PRICE/SF

$72 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Auto Repair, Service Station, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1964

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

2

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.59

LAND SF

25,700

ZONING

C-1

APN/PARCEL ID

14-19-427-017

ASK ABOUT THIS PROPERTY

Donna SanfordBrookstone RealtorsMore Info
248-245-9073

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Donna SanfordBrookstone RealtorsMore Info
248-245-9073

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.