5900 Highland Road $4,800,000

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    5900 Highland Road Waterford, MI 48327

    • 49,434 sq. ft.
    • 7.28 Acres
    • Commercial
    • MLS# 24058004
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    Views: 8 Days On Site: 9

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    Property Details

    Lasco Real Estate Group is pleased to present the exclusive listing at 5900 Highland Road, Waterford, Mi 48327, offered at $4,800,000.00. Built in 1972 and fully renovated in 2023, this property is comprised of 49,434 square feet of building space and sits on just under 7.5 acres of land. The front portion has been used in the past for automotive dealership sales, but would also be ideal for any business requiring retail store frontage or clients services, with private offices for management as well. This property is partially leased, just under 20%, through 6/30/29. Owners would consider a NNN Lease in lieu of a fee simple sale as well. This Property consists of two parcels - 1316352020 (6.359ac) & 1316352029 (.918ac)

    • General Features
      • Year Built 1993
      • New Construction Y/N false
      • Business Type Other,Auto Service,Retail
      • County Or Parish Oakland
      • Property Sub Type Retail
      • Tax Annual Amount 64968.0
    • Building Features
      • Cooling Central Air
      • Cooling Y/N true
      • Foundation Details Slab
      • Construction Materials Block, Brick, Metal Siding
      • Building Area Total 49434.0
      • Roof Rubber
      • Number Of Units Total 1
      • Heating Y/N true
      • Heating Forced Air, Radiant
      • Full Bathrooms 4
      • Bathrooms 4
      • Parking Total 1500.0
    • Property Features
      • Lot Size Acres 7.28
      • Lot Size Area 7.28
      • Number Of Buildings 5
      • Utilities Cable Connected
      • Water Source Public
      • Waterfront Y/N false
    • Schools
      • High School District Waterford

    Neighborhood

    48327 (Waterford) Demographics

    40 Median Age
    1,832 Population Density (per sq. mile)
    38% College Educated
    $60,089 Estimated Median Income
    6,543 Estimated Total Home Owners
    2,822 Estimated Total Renters
    70% / 30% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    21,659 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $279,000 Median Sales Price
    17 Homes Sold
    23 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $4,800,000
        11/5/2024 7:14:00 PM New in Database Source: Multiple Listing Service New Value: $4,800,000

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        Information Deemed Reliable But Not Guaranteed. The firm operating this website does not display the entire MLS (or MichRIC) Broker Reciprocity database on this web site. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. Updated on 11/14/2024 5:14:53 PM PST. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.


        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.