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    2701 Elizabeth Lake Rd, Unit 200 Waterford, MI 48328

    For Lease
    $1,000 /Mo ($2 SF/Yr)

    Business And Real Estate - Waterford, MI

    Property size:
    5,985 SF
    Lot size:
    0.25 Acres
    Days on Market:
    77
    Last Refresh:
    Dec 14 at 4:06 pm

    Property Features for 2701 Elizabeth Lake Rd

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial,Multiple,Office
    APN
    1325326023
    Size
    5,985 SF
    Lot size
    0.25 Acres

    Utilities

    Heating system
    Central, Forced Air

    Building Details

    Year built
    1920
    Year renovated
    2025
    Floors in Building
    1
    Building materials
    Block
    Roof type
    Asphalt
    Architectural style
    Other

    Keller Williams Premier (248) 394-0400 [email protected]

    Listing agent Jamie Scheett (248) 394-0400

    Listing date Sep 29, 2025

    MLS# 20251038501 Listing URL

    Copyright © 2025 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Commercial Building on Elizabeth Lake

    This renovated commercial building is located on Elizabeth Lake Road, between Telegraph and Voorhies, offering high visibility with substantial daily traffic. It is situated minutes from Downtown Pontiac, M-59, M1 Concourse, Orchard Lake, and West Bloomfield. The property offers multiple suites for lease: Unit 200 (672 sq ft), Unit 300 (1,084 sq ft), Unit 400 (1,053 sq ft), and Unit 500 (1,006 sq ft), an end unit with two entrances. Each unit includes a private lavatory, a separate hot water tank, individual heating controls, 220 electrical service, and new flooring. Unit 500 features a wide-open layout with double doors and ramp access, making it suitable for professional, service, or retail uses. The property, located in Waterford, MI, provides ample parking in both the front and rear of the building. The building is located on a 0.25-acre lot and has a total size of 5,985 square feet. It is zoned for commercial, multiple, and office use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Waterford
    County
    Oakland
    State
    Michigan
    Longitude
    -83.3400171
    Latitude
    42.6393499

    Nearby Similar for Lease

    • $1,350 /Mo
      5,985 SF

      Renovated Commercial Building in Waterford

      Renovated commercial building with high visibility and ample parking.
      2701 Elizabeth Lake Rd, Waterford, MI 48328
      View Details
    • New
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      Retail Space in Lakeview Plaza

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    • $1,750 /Mo
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      Retail Unit in Waterford Township

      Commercial retail space for lease, suitable for various businesses.
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    • $6,500 /Mo
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      Waterford Commercial Space For Lease

      13,000 sq ft commercial space ideal for various businesses.
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    • $1,350 /Mo
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      Renovated Commercial Building in Waterford

      Renovated commercial building with high visibility and ample parking.
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    • $2,000 /Mo
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      Retail Unit in Waterford Township

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    FAQs

    What type of property is this?
    Office space - Renovated commercial building with high visibility and multiple suites.
    Where is this office space located?
    The property is located at 2701 Elizabeth Lake Rd, Unit 200 Waterford, MI.
    What is the lease rate?
    The lease rate is $2 SF/Yr.
    What are key features of this property?
    This property features: - High-visibility location on Elizabeth Lake Road with heavy traffic flow.; - Proximity to Downtown Pontiac, M-59, M1 Concourse, Orchard Lake, and West Bloomfield.; - Renovated building with multiple suites available, each featuring **new flooring and a private lavatory.**
    (248) 394-0400
    Request Owner's contact information
    2701 Elizabeth Lake Rd, Unit 200 Waterford, MI 48328
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    Waterford, MI 48328
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2701 Elizabeth Lake Rd, Unit 200 Waterford, MI 48328
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