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    Commercial Building on Dixie Highway Title is generated by Realmo AI

    4680 Dixie Hwy, Waterford, MI 48329

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    For Sale
    $499,900

    2,500 SF commercial building on high-traffic Dixie Highway.

    Type:Commercial
    Property size:
    2,500 SF
    Lot size:
    0.35 Acres
    Price / SF:
    $199/SF
    Added:
    Mar 26, 2026
    Days on Market:
    103
    Last Refresh:
    Mar 25 at 5:52 am

    Property Features for 4680 Dixie Hwy

    General Information

    Standard status
    Active
    Size
    2,500 SF
    Lot size
    0.35 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1961

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    Kristin Nouhan

    Listing office Keller Williams Professionals

    Listing date Mar 26, 2026

    Source Elliman

    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 Professionals

    HighLights

    • High‑traffic location on Dixie Highway in Oakland County.
    • Flexible 2,500 sq ft all‑brick building suitable for various uses.
    • Extensive plumbing throughout, ideal for salon suites, medical or dental conversion.
    • Excellent visibility with signage on two facades plus rooftop signage.
    • 22 on‑site parking spaces.
    • Strong road frontage in established commercial corridor.

    Overview

    This 2,500 square foot commercial building is located on Dixie Highway in Oakland County. The solid, all-brick structure offers a flexible layout with the potential for up to 10 salon or service booths. Previously operated as a dental office and beauty salon, the property features extensive plumbing throughout, making it suitable for conversion to salon suites, medical, dental, veterinary, professional office, or retail use. The building offers visibility with signage on two facades, plus rooftop signage. There are three restrooms and 22 on-site parking spaces. The property has strong road frontage in an established commercial corridor. It is suitable for either an owner-user or as an investment opportunity.

    Local Financial Insights For Healthcare Medical

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $63.0k $25.20
    − Vacancy −$6.6k −$2.65
    EGI $56.4k $22.55
    − OpEx −$22.6k −$9.02
    NOI $33.8k $13.53
    2,500 SF · lease $25.20/SF/yr · vacancy 10.50% · expense 40.00%

    Alternative Uses

    Best Use
    Healthcare Medical
    $483.3K
    $422.9K – $563.9K (±1% cap)
    NOI $33,831 @ 7.0% cap · market cap 6.77%
    Second Best
    Retail
    $384.3K
    $336.3K – $448.4K (±1% cap)
    NOI $26,901 @ 7.0% cap · market cap 5.38%
    Theoretical Best
    Specialty Retail
    $539.2K
    $471.8K – $629.1K (±1% cap)
    NOI $37,746 @ 7.0% cap · market cap 7.55%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical Office Space

    Suggested Use

    Real Estate Agency Hotel & Motel Law Firm Skin Care Clinic Clothing & Fashion Store Daycare Center Travel Agency Department Store Accounting Firm Bar & Pub

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • VIP Petcare Wellness Center — 5348 Dixie Hwy, Waterford Twp, MI 48329

    Location Insight

    • Map
    • Local Demand
    City
    Waterford
    County
    Oakland
    State
    Michigan
    Longitude
    -83.3799442
    Latitude
    42.686352

    FAQs

    What type of property is this?
    Medical Office Space - 2,500 SF commercial building on high-traffic Dixie Highway.
    Where is this medical office space located?
    The property is located at 4680 Dixie Hwy Waterford, MI.
    What is the asking price?
    The asking price for this property is $499,900.
    What are key features of this property?
    This property features: High‑traffic location on Dixie Highway in Oakland County.; Flexible 2,500 sq ft all‑brick building suitable for various uses.; Extensive plumbing throughout, ideal for salon suites, medical or dental conversion.
    More about this property
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