Established Medical Office on
For Sale
$450,000
2561 Elizabeth Lake Rd, Waterford, MI 48328
Medical office with expansion potential in Waterford Township.
Property SizeContact for details
Lot Size1.90 Acres
Days on Market163
Property Features for 2561 Elizabeth Lake Rd
General Information
Standard status
Active
Lot size
1.90 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$9,558
Building Details
Year Built
1962
Units
1
Listing Agency:
@propertiesChristie's Int'l RE
(248) 705-2086
Listed By:
Robert Lawrence · License #6506022838
(248) 705-2086
Source:
Elliman
Added: Mar 12
Changed: Aug 8
Last Checked: Aug 20 at 9:01AM
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 @propertiesChristie's Int'l RE
Investment Insights
Based on property information with market context.
Located on Elizabeth Lake Road, this established medical office offers visibility and convenience in Waterford Township. Currently home to a pediatric practice, the property is configured for medical use, featuring multiple exam rooms, a reception area with separate sick and well sides, dedicated lab space, and a full basement that includes a staff break room and storage. The layout supports a transition for medical or wellness practices, minimizing downtime and build-out costs. The building is functional and ready for occupancy, though new owners may wish to make cosmetic updates. Situated on a parcel with additional acreage, the property presents options for future expansion or development. Its location near retail, residential neighborhoods, and major thoroughfares ensures traffic and long-term growth potential.
Key Highlights
- Established medical office configured for immediate use, minimizing downtime.
- Exceptional visibility and convenience on Elizabeth Lake Road.
- Layout includes multiple exam rooms, reception area with separate sick and well sides, and dedicated lab space.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
504
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Medical office with expansion potential in Waterford Township.
Where is this medical office space located?
The property is located at 2561 Elizabeth Lake Rd Waterford, MI.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Established medical office configured for immediate use, minimizing downtime.; Exceptional visibility and convenience on Elizabeth Lake Road.; Layout includes multiple exam rooms, reception area with separate sick and well sides, and dedicated lab space.
