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Four-Unit Office Building
For Sale
$649,000

1362 Huron Street, Waterford, MI 48328

Four-unit office property with three ground-level suites and a second-level suite accessible by elevator.

Property Size5,081 SF
Days on Market54

Property Features for 1362 Huron Street

General Information

Standard status Active
Size 5,081 SF
Property subtype Commercial
Zoning Commercial

Additional Details

Sprinkler System Yes
Office Units 4

Taxes and HOA fees

Annual Taxes $8,901

Building Details

Building Size 5,081 SF
Year Built 1991
Tenancy Multi
Listing Agency: Coldwell Banker Metro Real Estate
Listed By: Ann Byer · License #6505371182
Source: Buyatthelake
Added: Jul 2 Changed: Aug 23 Last Checked: Aug 22 at 10:27AM

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 four-unit commercial office building includes three ground-level units (A, B, and C) and one second-level unit (D). Unit D is served by an elevator, while all units feature fully finished interior space with a finished basement that adds additional usable area. HVAC has been updated, and the building includes an indoor sprinkler system plus outdoor sprinklers. The property also has large parking lot amenities and is served with separately metered electrical and gas for each unit.

The building is situated on a corner site on M59 and Voorheis, described as offering high traffic and high visibility. The property is zoned C2, with the possibility of rezoning to C3 as noted in the remarks, and it sits on a double lot.

Internally, Unit A is configured as an office suite with two private offices, a conference room, common space, a kitchenette, and two bathrooms. Unit B includes three private offices and one bathroom. Unit C is an open office space with one bathroom. Unit D includes two offices, a kitchenette, one full bathroom, and a conference room, along with common space throughout the building.

Key Highlights

  • 4‑unit commercial building on the corner of M59 and Voorheis with a large parking lot.
  • Layout: 3 ground‑level units (A, B, C) plus 1 second‑level unit (D) accessible by elevator.
  • Zoned C2; noted could be rezoned to C3. Double lot.

Property Analytics

Current Use

Office Units

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

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

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 units - Four-unit office property with three ground-level suites and a second-level suite accessible by elevator.
Where is this office units located?
The property is located at 1362 Huron Street 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: 4‑unit commercial building on the corner of M59 and Voorheis with a large parking lot.; Layout: 3 ground‑level units (A, B, C) plus 1 second‑level unit (D) accessible by elevator.; Zoned C2; noted could be rezoned to C3. Double lot.
More about this property
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