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3170 Elizabeth Lake Rd
Waterford, MI 48328
Former Wendy’s – For Sale or Lease · Retail Property For Sale
Investment Highlights
- 2,845 SF drive-thru equipped building situated on 0.90 acres in the heart of Waterford, Michigan.
- Current Tenant in Place Through 12/31/2027 - Wendy’s continues to occupy the property through December 31, 2027, paying $4,738.68 per month.
- Excellent signage, visibility, and frontage along heavily traveled Elizabeth Lake Road.
- Former Wendy's restaurant location for decades, offering a proven quick service restaurant layout and infrastructure.
- Constructed in 1982 with an existing drive-thru configuration, making it well-suited for purchase and/or lease by restaurant.
- Strong accessibility with excellent ingress and egress for customers from multiple directions.
Executive Summary
2,845 SF drive-thru equipped building situated on 0.90 acres in the heart of Waterford, Michigan.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,845 SF
Building Class
B
Year Built
1982
Price
$1,210,650 CAD
Price Per SF
$425.54 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.90 AC
Zoning
BI
Parking
60 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
129’ on Elizabeth Lake Rd
Amenities
- Signage
- Drive Thru
Property Taxes
| Parcel Number | 13-26-276-052 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $364,590 CAD |
Property Taxes
Parcel Number
13-26-276-052
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$364,590 CAD
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