Updated Retail Building with
509 Elizabeth Lake Rd, Waterford, MI 48328
For Sale
New
$212,000
Finished lower-level space adds usable area to this commercial property on Elizabeth Lake Road.
Property Size2,010 SF
Days on Market2
Property Features for 509 Elizabeth Lake Rd
General Information
Standard status
Size
Property subtype
Additional Details
Condition
Taxes and HOA fees
Annual Taxes
Amenities
finished basement
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Keller Williams Professionals
Listed By:
Sergio Taylor · License MI #6501423260
(248) 724-1234
Source:
Elliman
Added: Nov 12
Last Checked: Nov 12 at 2:14PM
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
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Investment Insights
Based on property information with market context.
This updated commercial building offers a finished basement that expands its usable space. The property is identified as retail space, with possible applications that include retail, salon, legal, counseling, medical, and other professional services.
The building is located on Elizabeth Lake Road in Waterford Charter Township. It was built in 1926 and has a walk score of 63 and bike score of 44.
The building is located on Elizabeth Lake Road in Waterford Charter Township. It was built in 1926 and has a walk score of 63 and bike score of 44.
Key Highlights
- Finished basement provides additional usable space
- Updated commercial building constructed in 1926
- Located on Elizabeth Lake Road in Waterford Charter Township
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
618
Businesses Nearby
81k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 41%
Dining 28%
Superstores 11%
Apparel 8%
Taco Bell
Dining
9,768 visits/mo
0.1 miles
Big Lots
Superstores
8,732 visits/mo
0.3 miles
Dollar Tree
Shops & Services
8,238 visits/mo
0.3 miles
BP
Shops & Services
7,937 visits/mo
0.1 miles
Arby's
Dining
7,157 visits/mo
0.2 miles
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
$210,800
Median Home Value
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Market
Average Price Trend$/SF for Retail space in Oakland County, MI
Properties on Market for Retail space in Oakland County
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - Finished lower-level space adds usable area to this commercial property on Elizabeth Lake Road.
Where is this retail space located?
The property is located at 509 Elizabeth Lake Rd Waterford, MI.
What is the asking price?
The asking price for this property is $212,000.
What are key features of this property?
This property features: Finished basement provides additional usable space; Updated commercial building constructed in 1926; Located on Elizabeth Lake Road in Waterford Charter Township
