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3870 Elizabeth Lake Rd
Waterford, MI 48328
BUSINESS, REAL ESTATE & LIQUOR LICENCE SALE · Retail Property For Sale


INVESTMENT HIGHLIGHTS
- Sale includes Business, Real Estate, and Liquor License
- Walkout basement- 2 story building
- Approximately 40 parking spaces
- Single unit layout offering versatile configuration options
- Renovated in 2021
- Zoned BI for versatile business opportunities
EXECUTIVE SUMMARY
Introducing a prime investment opportunity at 3870 Elizabeth Lake Rd in Waterford, MI. This 5,000 SF building, constructed in 1971 and impeccably renovated in 2021, offers a single, versatile unit and is strategically zoned BI. Located in the heart of the thriving Waterford area, this property presents a compelling proposition for retail investors seeking a strategic foothold in a high-demand market. With its modern amenities, prime location, and strong potential for growth, this property is poised to accommodate dynamic retail ventures and capitalize on the area's robust commercial activity.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
5,000 SF
Building Class
C
Year Built/Renovated
1971/2021
Price
$1,033,747 CAD
Price Per SF
$206.75 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.10
Lot Size
1.20 AC
Zoning
BI
Parking
40 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
190’ on Elizabeth Lake Rd
AMENITIES
- Pylon Sign
- Restaurant
- Signage
- Storage Space
- Recessed Lighting
- Monument Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 13-26-153-024 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $227,576 CAD |
PROPERTY TAXES
Parcel Number
13-26-153-024
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$227,576 CAD
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