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Office Suites with Ramp-Accessible End Unit
For Lease
$1,000-$1,350/Mo

2701 Elizabeth Lake Suite 200, Waterford, MI 48328

Renovated four-suite office building with private lavatories, individual heating controls, and ample parking.

Space Size672 SF - 1,084 SF
Days on Market324

Property Features for 2701 Elizabeth Lake Suite 200

General Information

Standard status Active
Size 672 SF - 1,084 SF
Net Rentable 672 SF
Zoning Commercial, Multiple, Office
Lease Type /mo
Lease Term Lease

Lease Terms

Monthly Rent $1,000-$1,350
Rent per SF/Year $14.94-$17.86

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Additional Details

Available Space 672-1,084 SF

Amenities

private lavatory
separate hot water tank
individual heating controls
220 electrical service
new flooring
parking

Building Details

Building Size 940 SF
Year Built 1920
Stories 1
Units 4
Listing Agency: Keller Williams Premier
Listed By: Jamie Scheett
Source: Sabudarealty
Added: Sep 20, 2025 Changed: Aug 8 Last Checked: Aug 8 at 11:38AM

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.

Renovated office building offering four available suites. Unit 200 is 672 SF, Unit 300 is 1,084 SF, Unit 400 is 1,053 SF, and Unit 500 is 1,006 SF and is an end unit with two entrances. Each suite includes a private lavatory, separate hot water tank, individual heating controls, 220 electrical service, and new flooring.

Unit 500 features a wide-open layout with double doors and ramp access, making it well-suited for a range of professional, service, or retail-oriented uses. The building is located on Elizabeth Lake Road between Telegraph and Voorhies, with prominent visibility and ample parking in front and behind the structure.

Built in 1920, the property is positioned for daily access and visibility in a busy, established commercial corridor in the Waterford Charter Township area.

Key Highlights

  • Four available office suites: Unit 200 (672 SF), Unit 300 (1,084 SF), Unit 400 (1,053 SF), Unit 500 (1,006 SF)
  • Unit 500 is an end unit with two entrances, double doors, and ramp access
  • Each suite includes a private lavatory and a separate hot water tank

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

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$2.46 /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 8% 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 four-suite office building with private lavatories, individual heating controls, and ample parking.
Where is this office units located?
The property is located at 2701 Elizabeth Lake Suite 200 Waterford, MI.
What is the lease rate?
The lease rate is $1,000/Mo.
What are key features of this property?
This property features: Four available office suites: Unit 200 (672 SF), Unit 300 (1,084 SF), Unit 400 (1,053 SF), Unit 500 (1,006 SF); Unit 500 is an end unit with two entrances, double doors, and ramp access; Each suite includes a private lavatory and a separate hot water tank
More about this property
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