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Renovated Multi-Suite Commercial Building
For Lease
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2701 Elizabeth Lake, Waterford, MI 48328

Renovated suites with private lavatories, updated flooring, and strong day-to-day visibility along Elizabeth Lake Road.

Space Size1,084 SF
Days on Market322

Property Features for 2701 Elizabeth Lake

General Information

Standard status Active
Size 1,084 SF
Property subtype Office, Retail

Additional Details

Highway Access Yes
Office Units 4

Building Details

Year Built 1920
Tenancy Single

Spaces For Lease

at 2701 Elizabeth Lake Contact us

Available Space

Size
1,084 SF
Type
Office, Retail
Availability
Active
Contact us
Listing Agency: Keller Williams Premier
Listed By: Jamie Scheett
Source: Crexi
Added: Sep 22, 2025 Changed: Aug 8 Last Checked: Aug 8 at 2:19PM

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.

This renovated commercial building offers four available suites, each with a private lavatory, a separate hot water tank, individual heating controls, 220 electrical service, and new flooring. Layouts vary by unit, with Unit 500 positioned as an end unit and featuring a wide-open configuration, double doors, and ramp access, along with two separate entrances. Ideal for operators seeking finished space with functional support amenities already in place.

The property is located on Elizabeth Lake Road between Telegraph and Voorhies, offering visibility supported by heavy daily traffic. It also sits within minutes of Downtown Pontiac and major regional connections including M-59, M1 Concourse, Orchard Lake, and West Bloomfield. Ample parking is available both in front of and behind the building for convenient customer and employee access.

With multiple suite sizes available and dedicated mechanical and utility features for each unit, the building can accommodate a range of professional, service, or retail uses. Unit 500’s accessibility and flexible open layout make it particularly well-suited for tenants that benefit from straightforward entry and adaptable floor space, while the remaining suites provide a straightforward setup for day-to-day operations.

Key Highlights

  • Renovated commercial building built in 1920 on Elizabeth Lake Road between Telegraph and Voorhies
  • Four lease‑ready suites: Unit 200 (672 SF/$1,000/mo), Unit 300 (1,084 SF/$1,350/mo), Unit 400 (1,053 SF/$1,350/mo), Unit 500 (1,006 SF/$1,350/mo)
  • Each suite includes a private lavatory, separate hot water tank, individual heating controls, and new flooring

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

4
Office units
Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

410
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

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
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Frequently Asked Questions

What type of property is this?
Office units - Renovated suites with private lavatories, updated flooring, and strong day-to-day visibility along Elizabeth Lake Road.
Where is this office units located?
The property is located at 2701 Elizabeth Lake Waterford, MI.
What are key features of this property?
This property features: Renovated commercial building built in 1920 on Elizabeth Lake Road between Telegraph and Voorhies; Four lease‑ready suites: Unit 200 (672 SF/$1,000/mo), Unit 300 (1,084 SF/$1,350/mo), Unit 400 (1,053 SF/$1,350/mo), Unit 500 (1,006 SF/$1,350/mo); Each suite includes a private lavatory, separate hot water tank, individual heating controls, and new flooring
(248) 394-0400 Call to check price and availability
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