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Commercial Land with Freestanding Building
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513 N Telegraph Rd, Waterford, MI 48328

A 3.38-acre commercial site includes an existing freestanding building and access from Telegraph Road.

Property Size6,500 SF
Days on Market485

Property Features for 513 N Telegraph Rd

General Information

Standard status Active
Size 6,500 SF
Property subtype RETAIL
Listing Agency: Beanstalk Real Estate Solutions
Listed By: Paul DeBono · License #6506045729
Source: Moodyscre
Added: May 5, 2025 Changed: Aug 30 Last Checked: Aug 30 at 10:41PM

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 Beanstalk Real Estate Solutions

Investment Insights

Based on property information with market context.

This 3.38-acre commercial land offering includes a 6,500-square-foot freestanding building that can support reuse or redevelopment. The existing structure provides a physical improvement on the site, while the surrounding land area offers room for parking or other outdoor features. The property is positioned along Telegraph Road in Waterford, Michigan, with ingress and egress points serving the site. Its configuration can accommodate a range of commercial concepts, including retail, restaurant, and service-oriented uses, subject to applicable approvals. The parcel is available for purchase and presents both an existing-building reuse option and a ground-up development path.

Key Highlights

  • 3.38‑acre commercial land parcel
  • Existing 6,500‑square‑foot freestanding building
  • Frontage along Telegraph Road in Waterford, Michigan

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Law Firm Spa & Massage Center Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

397
Businesses Nearby
29k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 58% Apparel 18% Home Improvements & Furnishings 14% Electronics 8%
Popeyes Louisiana Kitchen Dining
9,817 visits/mo 0.1 miles
Red Lobster Dining
4,405 visits/mo 0.2 miles
Harbor Freight Tools Home Improvements & Furnishings
4,137 visits/mo 0.2 miles
Citi Trends Apparel
4,064 visits/mo 0.5 miles
GameStop Electronics
2,310 visits/mo 0.5 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

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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Frequently Asked Questions

What type of property is this?
Commercial land - A 3.38-acre commercial site includes an existing freestanding building and access from Telegraph Road.
Where is this commercial land located?
The property is located at 513 N Telegraph Rd Waterford, MI.
What are key features of this property?
This property features: 3.38‑acre commercial land parcel; Existing 6,500‑square‑foot freestanding building; Frontage along Telegraph Road in Waterford, Michigan
(313) 446-8060 Call to check price and availability
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