For Sale
700 Auburn Avenue, Pontiac, MI 48342
$750,000
MLS # 20261051615 (Realcomp)
Built 19410.51 acres
1 / 18
Listing Description
Established Beer & Wine Market in Pontiac - Peoples Food Market. Mixed-use 5,394 SF retail building on 0.51 acres at a high-traffic location with excellent visibility. New roof (2022), new freezer system (2023), and three new AC compressors (2023). 15+ on-site parking spaces. Value-add opportunity with second-floor apartment. Existing butcher equipment and store equipment included in sale. Potential liquor license eligibility (buyer to verify). Offered at $750,000 plus inventory ($150K-$200K estimated). Strong owner-user or investment opportunity. Business and real estate included. All information deemed reliable but not guaranteed; buyer to verify all information.
Source: SparkMLS
About this home
Asking $750,000.
Annual property taxes run approximately $8,462 ($705/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeCommercial Sale
Bathrooms0
Lot Size0.51 acres
Year Built1941
Location
CityPontiac
MunicipalityPontiac
Zip Code48342
CountyOakland
School DistrictPontiac
Construction & Systems
ConstructionBrick
HeatingForced Air
WaterPublic
Sale & Financing
Listed7/6/2026
Source: SparkMLS
Tax Information
Annual Tax$8,462
State Equalized Value$144,440
Taxable Value$138,240
Parcel #1434103022
Source: Public Records
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Charles N Tamou
Top Agent Realty
Frequently Asked Questions about 700 Auburn Avenue, Pontiac, MI 48342
Which school district serves 700 Auburn Avenue, Pontiac, MI 48342?
Per MLS# 20261051615, 700 Auburn Avenue, Pontiac, MI 48342 is in the Pontiac boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Pontiac directly to confirm enrollment eligibility.
What are the property taxes at 700 Auburn Avenue, Pontiac, MI 48342?
Per public tax records, annual property taxes for this property are $8,462. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 700 Auburn Avenue, Pontiac, MI 48342 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 700 Auburn Avenue, Pontiac, MI 48342 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 700 Auburn Avenue, Pontiac, MI 48342?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Water: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Oakland County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
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Monthly payment$4,864
Principal & interest$4,864
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
700 Auburn Avenue, Pontiac, MI 48342
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Municipality
Pontiac
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County
Oakland County
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