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    1160 Welch Rd Walled Lake, MI 48390

    For Lease
    $5,500 /Mo

    Versatile building suitable for various business and retail purposes.

    Lot size:
    0.91 Acres

    Property Features for 1160 Welch Rd

    General Information

    Lot size
    0.91 Acres

    Building Details

    Year built
    1957

    Source: Brookstone, Realtors LLC Agent Ali Jafri

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multi-Use Building For Lease

    This multi-tenant building presents an excellent opportunity for a variety of uses. Previously utilized as a daycare facility and showroom, the property offers potential for office, medical, therapy, wholesale, service, church, or non-profit organizations. The building features two separate entrances and ample parking. A full basement provides generous storage space. Tenant responsibilities include utilities, snow removal, and lawn care. Lease terms require a minimum 2-year lease with a 1.5 months security deposit. All structural modifications must be submitted in writing and approved by the landlord. Prospective tenants must provide an existing lease, tax filing, and proof of a valid State of Michigan business license.
    Insight Report Location Intelligence

    Current Use by Public Records

    Showrooms

    Suggested Use

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

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

    Similar Places Nearby

    Lowe's Home Improvement

    Location Insight

    • Map
    • Local Demand
    City
    Walled Lake
    County
    Oakland
    State
    Michigan
    Longitude
    -83.457452
    Latitude
    42.545233

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    FAQs

    What type of property is this?
    Showroom - Versatile building suitable for various business and retail purposes.
    Where is this showroom located?
    The property is located at 1160 Welch Rd Walled Lake, MI.
    What are key features of this property?
    This property features: - Versatile multi-tenant building suitable for office, medical, therapy, wholesale, service, church, or non-profit use.; - Two separate entrances for flexible access and potential tenant separation.; - Ample parking for convenient customer and employee access.
    (646) 575-9007
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    1160 Welch Rd Walled Lake, MI 48390
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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
    1160 Welch Rd Walled Lake, MI 48390
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