Renovated Standalone Medical
1095 W Huron Street Waterford, MI 48328
For Sale
$640,000
Move-in ready two-story medical office with renovated main level and ample on-site parking.
Property Size2,385 SF
Price / SF$268.34
Days on Market224
Property Features for 1095 W Huron Street
General Information
Standard status
Active
Size
2,385 SF
Property subtype
Commercial
Building Details
Year Built
1970
Listing Agency:
R2M Realty
(586) 354-3886
Listed By:
Hassan I Karadsheh · License #6501381029
(586) 354-3886
Source:
Sabudarealty
Added: Dec 15, 2025
Changed: Jul 23
Last Checked: Jul 26 at 4:09PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of R2M Realty
Investment Insights
Based on property information with market context.
This beautifully renovated, stand-alone two-story medical office building is offered vacant and move-in ready. The main level features 2,385 square feet of fully renovated medical office space, including a reception area separated from the medical offices, with updated bathrooms throughout. An additional 2,385 square feet on the lower level is unfinished and ready to be used for storage, with the option to be fully refinished, and it has its own lower-level entrance.
The property is located on W Huron Street (M-59), just west of Josephine Ave, and offers main road visibility and signage availability. On-site parking totals 21 newly restriped spaces around the building.
Renovations completed in 2025 include a new roof and updated exterior and interior finishes, along with new windows, doors, plumbing, electrical panels, light fixtures, flooring, and ceiling tiles, plus updated bathrooms across all four bathrooms. Both furnaces are approximately four years old, and a back fence is scheduled to be completed in January 2026.
The property is located on W Huron Street (M-59), just west of Josephine Ave, and offers main road visibility and signage availability. On-site parking totals 21 newly restriped spaces around the building.
Renovations completed in 2025 include a new roof and updated exterior and interior finishes, along with new windows, doors, plumbing, electrical panels, light fixtures, flooring, and ceiling tiles, plus updated bathrooms across all four bathrooms. Both furnaces are approximately four years old, and a back fence is scheduled to be completed in January 2026.
Key Highlights
- Move‑in ready two‑story medical/dental office totaling 4,770 SF, with a fully renovated 2,385 SF main level
- Separate reception area on the main level, with updated bathrooms throughout the building
- Lower level offers an additional 2,385 SF unfinished space, ready for storage or to be refinished with its own lower level entrance
Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $60.1k | $25.20 |
| − Vacancy | −$6.3k | −$2.65 |
| EGI | $53.8k | $22.55 |
| − OpEx | −$21.5k | −$9.02 |
| NOI | $32.3k | $13.53 |
2,385 SF · lease $25.20/SF/yr · vacancy 10.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$461.1K
$403.4K – $537.9K
NOI $32,275 @ 7.0% cap · market cap 5.04%
Second Best
Office B
$117.3K
$102.6K – $136.8K
NOI $8,210 @ 7.0% cap · market cap 1.28%
Theoretical Best
Specialty Retail
$514.4K
$450.1K – $600.2K
NOI $36,010 @ 7.0% cap · market cap 5.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Medical Office Space - Move-in ready two-story medical office with renovated main level and ample on-site parking.
Where is this medical office space located?
The property is located at 1095 W Huron Street Waterford, MI.
What is the asking price?
The asking price for this property is $640,000.
What are key features of this property?
This property features: Move‑in ready two‑story medical/dental office totaling 4,770 SF, with a fully renovated 2,385 SF main level; Separate reception area on the main level, with updated bathrooms throughout the building; Lower level offers an additional 2,385 SF unfinished space, ready for storage or to be refinished with its own lower level entrance
