Commercial Land with Restaurant
For Sale
$1,100,000
5834 Highland Road, Waterford, MI 48327
C-2 zoning supports commercial redevelopment, with drive-through use subject to special approval.
Property SizeContact for details
Days on Market9
Property Features for 5834 Highland Road
General Information
Standard status
Active
Property subtype
Land
Listing Agency:
(248) 406-7111
Listed By:
Matthew Berke
Source:
Keystonecres
Added: Aug 23
Changed: Aug 28
Last Checked: Aug 30 at 1:41PM
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 Matthew Berke
Investment Insights
Based on property information with market context.
This 1.43-acre commercial land parcel includes an existing 4,537-square-foot restaurant building. The improvements provide an established structure on the site while the C-2 commercial zoning supports a range of potential uses, including drive-through use with special approval.
The property fronts Highland Road (M-59) in Waterford with approximately 150 feet of frontage. It is located just east of Oakland County International Airport and is surrounded by established businesses and residential neighborhoods, with access to regional transportation routes and surrounding communities.
The property fronts Highland Road (M-59) in Waterford with approximately 150 feet of frontage. It is located just east of Oakland County International Airport and is surrounded by established businesses and residential neighborhoods, with access to regional transportation routes and surrounding communities.
Key Highlights
- 1.43‑acre commercial land parcel with an existing 4,537 SF restaurant building
- Approximately 150 feet of frontage along Highland Road (M‑59)
- C‑2 commercial zoning
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
379
Businesses Nearby
124k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 59%
Shops & Services 39%
Electronics 2%
Speedway
Shops & Services
25,009 visits/mo
0.2 miles
McDonald's
Dining
23,896 visits/mo
0.1 miles
Citgo
Shops & Services
12,369 visits/mo
0.1 miles
Taco Bell
Dining
11,840 visits/mo
0.4 miles
Wendy's
Dining
10,085 visits/mo
0.2 miles
Demographics for 48327, MI
21,811
Population
9,864
Households
2.2
Avg Household Size
41
Median Age
32%
College-Educated
94%
High-School Grad
11.3 sq mi
ZIP Area
1,930
Density / Sq Mi
$75,512
Median Household Income
$46,259
Median Earnings
$1,058
Median Rent
$241,600
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - C-2 zoning supports commercial redevelopment, with drive-through use subject to special approval.
Where is this commercial land located?
The property is located at 5834 Highland Road Waterford, MI.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 1.43‑acre commercial land parcel with an existing 4,537 SF restaurant building; Approximately 150 feet of frontage along Highland Road (M‑59); C‑2 commercial zoning
