5900 Highland Road Waterford, MI 48327

Active

$4,800,000

Market Estimate

Request Info

49,434 sq. ft.
7.28 Acres
Commercial
MLS# 70440448

Listing provided courtesy of: Lasco Real Estate Group - (810) 433-9556

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Property Details

Description

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
- Acreage 7.28
- Area Municipality Acme Twp (28001)
- County Oakland
- Originating MLS Greater Metropolitan Association of REALTORS
- Ownership LLC
- Total SqFt Finished 49434
- Waterfront Y/N No
- Year Built 1993
Building Features
- Exterior Construction Block, Brick, Metal, Steel
- Heating System Forced Air, Radiant
- FUEL TYPE Natural Gas
- Roofing Other-See Remarks, Rubber
Property Features
- Water Public Water
- PARKING 100+ Spaces
- Lot Size 396X731X367X496X199X60X17
- Roads City/County
- Sewer Septic Public Sanitary

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 7:38:00 PM	New in Database Source: Multiple Listing Service	New Value: $4,800,000

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* This payment calculator is intended for educational and planning purposes only.
** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

Information is provided in part by the IDX program of the Great Lakes Repository. All information provided is deemed reliable but is not guaranteed and should be independently verified.

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.