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$499,900
Est. payment /mo
6,003 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 6,003 sqft
Price per Sqft $83
Municipality Waterford Twp
Subdivision Waterford Twp
MLS Listing ID 20261063259
Year Built 1901
Annual Tax Amount $9,359
Lot Size 0.640 Acres
Acres 0.64
Lot Dimensions 126X222
Source Realcomp
Property Description
Excellent opportunity to acquire an income-producing office building in Waterford, Michigan, offering investors the potential for immediate cash flow and long-term value appreciation. The property provides a professional office setting in a well-established commercial area with convenient access to major roadways, surrounding communities, airport, retail, restaurants, and other business amenities.The building features a functional layout suitable for professional, medical, service, or general office users, providing flexibility for both investors and owner-users. Existing rental income offers an attractive foundation for an investor seeking a stabilized commercial asset, while the property may also present opportunities to increase value through lease-up, rental-rate adjustments, or future improvements.Property Highlights:Well maintained propertyIncome-producing commercial office buildingEstablished Waterford locationExisting tenant/rental incomeFlexible office configurationConvenient access to major roads and surrounding communitiesAttractive opportunity for an investor or owner-userPotential for future income and value enhancementWith its existing income stream, functional office space, and desirable Waterford location, this property represents a compelling opportunity for investors seeking a commercial real estate asset with both current income and upside potential.Buyer and buyer's agent to independently verify all information, including financials, leases, square footage, zoning, and property details.
Location
State MI
County Oakland
Zoning Office
Direction Just south of Sashabaw Road and north of Scott Lake Road.
Rooms
Basement Basement
Exterior
View Y/N No
Building
Foundation Block
Water Public
Structure Type Other
Schools
School District Pontiac
Others
Tax ID 1311477037
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Listed by Real Estate One
NEARBY SCHOOLS & PROPERTIES
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