Four-Unit Shopping
New
For Sale
$570,000
4564-4568 W Walton Blvd, Waterford, MI 48329
Two-building retail property with finished basement workspace and established tenancy.
Property Size5,238 SF
Days on Market2
Property Features for 4564-4568 W Walton Blvd
General Information
Standard status
Active
Size
5,238 SF
Property subtype
Commercial
Occupancy
100%
Taxes and HOA fees
Annual Taxes
$18,712
Building Details
Building Size
5,238 SF
Year Built
1953
Buildings
2
Tenancy
Multi
Listing Agency:
Real Estate One
Listed By:
Ernest L Gavrilides · License #6501348603
(248) 625-0200
Source:
Elliman
Added: Sep 4
Last Checked: Sep 4 at 3:03PM
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 Real Estate One
Investment Insights
Based on property information with market context.
This shopping center comprises two buildings, including a four-unit plaza constructed in 2006. Each unit includes a full basement with egress windows, and two of the basements are finished as legal workspaces. The property is reported at 100% occupancy with long-term tenants and an established rental history.
The property is located at 4564-4568 W Walton Blvd in Waterford Charter Township, Michigan. Walk Score is 37, characterized as car-dependent, while Bike Score is 31, characterized as somewhat bikeable. The source information also identifies a 1953 construction year, although it does not specify which building that date applies to.
The property is located at 4564-4568 W Walton Blvd in Waterford Charter Township, Michigan. Walk Score is 37, characterized as car-dependent, while Bike Score is 31, characterized as somewhat bikeable. The source information also identifies a 1953 construction year, although it does not specify which building that date applies to.
Key Highlights
- 100% occupancy with long‑term tenants
- Four‑unit plaza constructed in 2006
- Full basements with egress windows in each unit
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
594
Businesses Nearby
165k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 45%
Dining 40%
Apparel 15%
McDonald's
Dining
25,564 visits/mo
0.3 miles
Dunham's Sports
Apparel
24,526 visits/mo
0.5 miles
Ollie's Bargain Outlet
Shops & Services
17,179 visits/mo
0.5 miles
Shell
Shops & Services
16,502 visits/mo
0.4 miles
Speedway
Shops & Services
16,155 visits/mo
0.4 miles
Demographics for 48329, MI
24,391
Population
10,249
Households
2.4
Avg Household Size
45
Median Age
29%
College-Educated
94%
High-School Grad
10.3 sq mi
ZIP Area
2,368
Density / Sq Mi
$85,777
Median Household Income
$48,837
Median Earnings
$1,323
Median Rent
$245,800
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Two-building retail property with finished basement workspace and established tenancy.
Where is this shopping center located?
The property is located at 4564-4568 W Walton Blvd Waterford, MI.
What is the asking price?
The asking price for this property is $570,000.
What are key features of this property?
This property features: 100% occupancy with long‑term tenants; Four‑unit plaza constructed in 2006; Full basements with egress windows in each unit
