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4-Unit Office Building with Elevator
For Sale
$649,000

1362 Huron St, Waterford, MI 48328

Corner commercial property with updated systems, separate utility metering, and a finished basement.

Property Size5,081 SF
Price / SF$127.73
Days on Market16

Property Features for 1362 Huron St

General Information

Standard status Active
Size 5,081 SF
Elevators Yes
Zoning C2

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Additional Details

Sprinkler System Yes
Office Units 4

Building Details

Year Built 1991
Buildings 1
Tenancy Multi
Listing Agency: Coldwell Banker Metro Real Estate
Listed By: Ann Byer · License #6505371182
Source: Katie-k
Added: Aug 26 Changed: Sep 9 Last Checked: Sep 9 at 10:37PM

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 Coldwell Banker Metro Real Estate

Investment Insights

Based on property information with market context.

This 5,081-square-foot office building contains four separately metered units across ground- and second-level space. Three units occupy the ground floor, while the upper-level suite is served by an elevator. A fully finished basement adds additional usable area. Unit layouts include private offices, conference rooms, kitchenettes, bathrooms, and open workspace, with Unit C configured as an open office area.

The property occupies a double lot at the corner of M59 and Voorheis, with a large parking lot and visibility from both roads. Building systems include updated HVAC, an indoor sprinkler system, and outdoor sprinklers. Current zoning is C2.

Key Highlights

  • Four office units totaling 5,081 square feet
  • Second‑level Unit D includes elevator access, 2 offices, kitchenette, 1 full bath, and 1 conference room
  • Fully finished basement provides additional open space

Property Analytics

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Current Use

Office buildings

Suggested Use

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

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

4
Office units
Multi-tenant
Tenancy
Yes
Sprinkler system
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

373
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

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
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Frequently Asked Questions

What type of property is this?
Office building - Corner commercial property with updated systems, separate utility metering, and a finished basement.
Where is this office building located?
The property is located at 1362 Huron St Waterford, MI.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Four office units totaling 5,081 square feet; Second‑level Unit D includes elevator access, 2 offices, kitchenette, 1 full bath, and 1 conference room; Fully finished basement provides additional open space
More about this property
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