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Renovated Commercial Suites Available
For Lease
$1,350/Mo

2701 Elizabeth Lake Suite 300, Waterford, MI 48328

Renovated commercial suites in high-traffic Waterford Township location.

Space SizeContact for details
Property Size1,084 SF
Lot Size0.25 Acres
Days on Market151

Property Features for 2701 Elizabeth Lake Suite 300

General Information

Standard status Active
Size 1,084 SF
Lot size 0.25 Acres
Property subtype Commercial

Building Details

Building Size 1,084 SF
Year Built 1920
Units 4
Listing Agency: Keller Williams Premier
Listed By: Jamie Scheett
Source: Elliman
Added: Mar 12 Changed: Aug 8 Last Checked: Aug 8 at 6:26AM

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 Keller Williams Premier

Investment Insights

Based on property information with market context.

Located on Elizabeth Lake Road between Telegraph and Voorhies, this renovated commercial building offers excellent visibility with substantial daily traffic. It is situated minutes from Downtown Pontiac, M-59, M1 Concourse, Orchard Lake, and West Bloomfield. Multiple suites are available, including 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 features a private lavatory, a separate hot water tank, individual heating controls, 220 electrical service, and new flooring. Unit 500 has a wide-open layout with double doors and ramp access, suitable for professional, service, or retail uses. Ample parking is available in front and behind the building. This property presents an opportunity for business growth in a high-traffic location with strong community connectivity.

Key Highlights

  • High‑traffic location on Elizabeth Lake Road with excellent visibility.
  • Multiple suites available (672‑1,084 sq ft) to suit different business needs.
  • Convenient access to Downtown Pontiac, M‑59, M1 Concourse, Orchard Lake, and West Bloomfield.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Law Firm Cafe & Coffee Shop Bakery HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.24 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

404
Businesses Nearby

Demographics for 48328, MI

24,178
Population
11,938
Households
2
Avg Household Size
43
Median Age
27%
College-Educated
93%
High-School Grad
8.9 sq mi
ZIP Area
2,717
Density / Sq Mi
$69,788
Median Household Income
$42,084
Median Earnings
$1,041
Median Rent
$210,800
Median Home Value

Market

Lease Benchmarks for Waterford, MI

$17.91 /SF/Yr
Avg Asking Price
$2.86–$54.55 /SF/Yr
Price Range
8,643 SF
Avg Space Size

This space is priced 17% below the average of $17.91 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Renovated commercial suites in high-traffic Waterford Township location.
Where is this office units located?
The property is located at 2701 Elizabeth Lake Suite 300 Waterford, MI.
What is the lease rate?
The lease rate is $1,350/Mo.
What are key features of this property?
This property features: High‑traffic location on Elizabeth Lake Road with excellent visibility.; Multiple suites available (672‑1,084 sq ft) to suit different business needs.; Convenient access to Downtown Pontiac, M‑59, M1 Concourse, Orchard Lake, and West Bloomfield.
More about this property
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