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Four-Unit Shopping Center with Basements
New
For Sale
$570,000

45644568 4564-4568 W Walton Boulevard, Waterford, MI 48329

Two-building retail property with full basements, established tenancy, and finished workspace areas.

Property Size5,238 SF
Price / SF$108.82
Days on Market3

Property Features for 45644568 4564-4568 W Walton Boulevard

General Information

Standard status Active
Size 5,238 SF
Occupancy 100%

Building Details

Year Built 1953
Buildings 2
Tenancy Multi
Listing Agency: Real Estate One
Listed By: Ernest L Gavrilides · License #6501348603
Source: Katie-k
Added: Sep 11 Last Checked: Sep 12 at 10:43AM

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 two-building retail property contains a four-unit plaza with approximately 5,238 square feet. Each unit includes a full basement with egress windows, while two of the basements are finished and configured as legal workspaces. The plaza was constructed in 2006.

The property is located at 4564-4568 W Walton Boulevard in Waterford, Michigan. All units are occupied by long-term tenants, providing an established tenancy profile across the retail center.

Key Highlights

  • 5,238‑square‑foot two‑building retail property
  • Four‑unit plaza constructed in 2006
  • 100% occupancy with long‑term tenants

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Restaurant Daycare Center Garden Center

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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

633
Businesses Nearby
166k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 41% Dining 40% Apparel 15% Home Improvements & Furnishings 4%
McDonald's Dining
25,564 visits/mo 0.2 miles
Dunham's Sports Apparel
24,526 visits/mo 0.2 miles
Ollie's Bargain Outlet Shops & Services
17,179 visits/mo 0.2 miles
Shell Shops & Services
16,502 visits/mo 0.1 miles
Speedway Shops & Services
16,155 visits/mo 0.1 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

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • Waterford Village 5621 Dixie Hwy, Waterford Twp, MI 48329

Frequently Asked Questions

What type of property is this?
Shopping center - Two-building retail property with full basements, established tenancy, and finished workspace areas.
Where is this shopping center located?
The property is located at 45644568 4564-4568 W Walton Boulevard 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: 5,238‑square‑foot two‑building retail property; Four‑unit plaza constructed in 2006; 100% occupancy with long‑term tenants
More about this property
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