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4,998 SF AVAILABLE ON 1 ACRE WATERFRONT LOT 7890 Highland Rd 4,998 SF Retail Building Waterford, MI 48327 $2,181,728 CAD ($436.52 CAD/SF)

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Investment Highlights

  • 4,998 SF building with great potential
  • Buyer can obtain .25 acres from the county
  • Ground lease available, offering flexibility for interested parties
  • 1 acre waterfront lot
  • Approximately 62 parking spaces
  • Strategic location on the corner of Highland Rd and Williams Lake Rd for high visibility and accessibility

Executive Summary

Don't miss out on this incredible opportunity in the prime Waterford area. Explore the potential of this 4,998 SF building, offering flexibility and a prime location for retail or street retail investors. This property presents the perfect setting for a lakefront restaurant, with
a ground lease available for interested parties. Whether you're looking to purchase or lease, this property offers a range of possibilities for your retail venture. With its strategic location and ample space, it's an investment worth considering for those seeking a thriving retail presence in the Waterford area.

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,998 SF
Building Class
C
Year Built
1948
Price
$2,181,728 CAD
Price Per SF
$436.52 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.99 AC
Zoning
BI - C-3 Retail
Parking
45 Spaces (9 Spaces per 1,000 SF Leased)
Frontage
202’ on Highland Rd

Amenities

  • Restaurant
  • Signage
  • Signalized Intersection
  • Waterfront
  • Wheelchair Accessible
  • Monument Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 4,998 SF
  • Restaurant
  • -
  • Now

Don't miss out on this incredible opportunity in the prime Waterford area. Explore the potential of this 4,998 SF building, offering flexibility and a prime location for retail or street retail investors. This property presents the perfect setting for a lakefront restaurant, with a ground lease available for interested parties. Whether you're looking to purchase or lease, this property offers a range of possibilities for your retail venture. With its strategic location and ample space, it's an investment worth considering for those seeking a thriving retail presence in the Waterford area.

Space Size Space Use Position Available
1st Floor 4,998 SF Restaurant - Now

1st Floor

Size
4,998 SF
Space Use
Restaurant
Position
-
Available
Now

1st Floor

Size 4,998 SF
Space Use Restaurant
Position -
Available Now

Don't miss out on this incredible opportunity in the prime Waterford area. Explore the potential of this 4,998 SF building, offering flexibility and a prime location for retail or street retail investors. This property presents the perfect setting for a lakefront restaurant, with a ground lease available for interested parties. Whether you're looking to purchase or lease, this property offers a range of possibilities for your retail venture. With its strategic location and ample space, it's an investment worth considering for those seeking a thriving retail presence in the Waterford area.

Nearby Major Retailers

Citizens Bank
Comerica
Chase Bank

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 13-18-351-020
  • 13-18-351-021
  • 13-18-351-024
Land Assessment
$0 CAD (2022)
Improvements Assessment
$0 CAD (2022)
Total Assessment
$380,203 CAD (2022)
  • Listing ID: 33314610

  • Date on Market: 2024-09-26

  • Last Updated:

  • Address: 7890 Highland Rd, Waterford, MI 48327

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