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Renovated Retail Building
For Lease
$1,000-$1,350/Mo

2701 Elizabeth Lake Suite 400, Waterford, MI 48328

Four available suites offer private lavatories, dedicated heating controls, and flexible layouts for retail and professional uses.

Space Size672 SF - 1,084 SF
Property Size1,271 SF
Days on Market345

Property Features for 2701 Elizabeth Lake Suite 400

General Information

Standard status Active
Size 672 SF - 1,084 SF
Net Rentable 672 SF
Zoning Commercial, Office

Space & Availability

Available Space 672-1,084 SF
Contiguous Space 1,084 SF

Lease Terms

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

Additional Details

Highway Access Yes

Amenities

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

Building Details

Building Size 1,271 SF
Year Built 1920
Stories 1
Units 4
Tenancy Multi
Listing Agency: Keller Williams Premier
Listed By: Jamie Scheett
Source: Homesforsaleinmich
Added: Sep 19, 2025 Changed: Aug 28 Last Checked: Aug 28 at 8:52PM

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 retail space is available in four suites within a commercial building on Elizabeth Lake Road. Suite sizes range from 672 sq ft to 1,084 sq ft, with each unit offering a private lavatory, separate hot water tank, individual heating controls, 220 electrical service, and new flooring. Unit 500 is an end suite with two entrances, double doors, ramp access, and an open layout.

The property sits between Telegraph and Voorhies and provides parking at both the front and rear of the building. Its location offers access to Downtown Pontiac, M-59, M1 Concourse, Orchard Lake, and West Bloomfield. Zoning is identified as Commercial, Office, and the building was constructed in 1920.

Key Highlights

  • Four suites available, ranging from 672 sq ft to 1,084 sq ft
  • Each suite includes a private lavatory, separate hot water tank, and individual heating controls
  • 220 electrical service and new flooring in each unit

Property Analytics

Current Use

Retail space

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

Multi-tenant
Tenancy
Yes
Highway access
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

$17.92 /SF/Yr
Avg Asking Price
$14.67–$20 /SF/Yr
Price Range
10,120 SF
Avg Space Size

This space is priced 8% below the average of $17.92 /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?
Retail space - Four available suites offer private lavatories, dedicated heating controls, and flexible layouts for retail and professional uses.
Where is this retail space located?
The property is located at 2701 Elizabeth Lake Suite 400 Waterford, MI.
What is the lease rate?
The lease rate is $1,350/Mo.
What are key features of this property?
This property features: Four suites available, ranging from 672 sq ft to 1,084 sq ft; Each suite includes a private lavatory, separate hot water tank, and individual heating controls; 220 electrical service and new flooring in each unit
More about this property
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