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7754 Highland Rd Waterford, MI 48327

For Sale
$200,000

High-traffic location, locksmith shop, land contract option.

Property size:
960 SF

Description

Added:
Feb 3, 2025
Days on Market:
310
This 960-square-foot industrial building in Waterford, Michigan, presents a unique investment opportunity. Situated on a 0.11-acre lot at the highly visible intersection of Williams Lake Road and M-59, this property boasts excellent visibility and accessibility. The building has served as a locksmith shop for the past 22 years, demonstrating its suitability for a variety of uses. The property features a fenced rear yard, providing secure outdoor space. Priced at $200,000, this property also offers a compelling land contract option. This alternative financing allows for a $25,000 down payment, with a 9% interest rate amortized over 20 years (5-year term). It's important to note that approval of the land contract is contingent upon the seller's review of the buyer's financial standing and credit history. This prime location on M-59, a major thoroughfare, ensures high traffic volume, making it ideal for businesses seeking strong visibility and convenient access for customers. The existing building provides a solid foundation for a variety of commercial ventures, offering immediate occupancy and the potential for customization to suit specific business needs. Don't miss this chance to acquire a well-located industrial property with flexible financing options.

Property Features for 7754 Highland Rd

General Information

Property type
Industrial properties
Square Feet
960 SF
Lot Size
4,792 SF

Building Details

Year Built
1919

Property Profile Insight Report Location Intelligence

Current Use by Public Records

Industrial properties

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

Location Insight

  • Map
  • Local Demand
City
Waterford
County
Oakland
State
Michigan
Longitude
-83.43998
Latitude
42.66092

FAQs

What type of property is this?
Industrial property - High-traffic location, locksmith shop, land contract option.
Where is this industrial property located?
The property is located at 7754 Highland Rd Waterford, MI.
What is the asking price?
The asking price for this property is $200,000.
More about this property
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