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2850 Dixie Highway, Waterford, MI 48328

Well-maintained office property with updated finishes and space for additional occupancy.

Property Size4,920 SF
Price / SF$142.28
Days on Market5

Property Features for 2850 Dixie Highway

General Information

Standard status Active
Size 4,920 SF
Property subtype Office
Occupancy 54%
Investment Type Net Lease
Net Operating Income $44,911

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Year Built 1986
Year Renovated 2023
Buildings 1
Tenancy Multi
Listing Agency: Insite Commercial
Listed By: Randy Thomas · License #MI 6502106098
Source: Crexi
Added: Jul 30 Changed: Aug 3 Last Checked: Aug 3 at 4:02AM

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 Insite Commercial

Investment Insights

Based on property information with market context.

This 4,920-square-foot office building was constructed in 1986 and is configured for multiple tenants. The property is well maintained and includes recent interior finish improvements completed in 2023. A roof replacement was also completed in 2023, while the parking lot improvement is identified for 2026.

The building is positioned on Dixie Highway between Telegraph and Scott Lake Road in Waterford, Michigan. Delivery is anticipated at 54% occupancy, leaving up to two units available for leasing or owner occupancy. The existing multi-tenant layout supports continued office use with a combination of occupied and available space.

Key Highlights

  • 4,920‑square‑foot multi‑tenant office building
  • 54% occupancy at delivery
  • Roof replacement completed in 2023

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Restaurant Hair Salon Nail Salon Law Firm

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

Location Intelligence

Trade Area within ½ mile

479
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
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Well-maintained office property with updated finishes and space for additional occupancy.
Where is this office building located?
The property is located at 2850 Dixie Highway Waterford, MI.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 4,920‑square‑foot multi‑tenant office building; 54% occupancy at delivery; Roof replacement completed in 2023
(248) 359-9000 Call to check price and availability
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