Renovated Retail/Showroom
For Sale
$4,500,000
5900 Highland Road, Waterford, MI 48327
COMMERCIAL - Waterford, MI
Property Size49,434 SF
Lot Size7.28 Acres
Price / SF$91.03
Days on Market639
Property Features for 5900 Highland Road
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning description
B1
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 1, Bathroom 4, Bathroom 2, Bathroom 3
Parking
1500
Elementary school district
Waterford
Middle school district
Waterford
High school district
Waterford
Directions
Please Enter Address In Navigational Tools Available.
Subdivision
Oakland County - 70
Standard status
Active
APN
13-16-352-020
Size
49,434 SF
Lot size
7.28 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
T3N, R9E, SEC 16 PART OF SW 1/4 BEG AT PT DIST E 233 FT FROM SW SEC COR, TH E 397.75 FT, TH N 00-13-00 E 790 FT, TH...
Tax Annual Amount
64968
Legal Description
T3N, R9E, SEC 16 PART OF SW 1/4 BEG AT PT DIST E 233 FT FROM SW SEC COR, TH E 397.75 FT, TH N 00-13-00 E 790 FT, TH...
Utilities
Heating system
Forced Air, Radiant
Cooling system
Central Air
Building Details
Year built
1993
Floors in Building
1
Number of units
1
Building materials
Block, Brick, Metal Siding
Roof type
Rubber
Listing Agency:
Lasco Real Estate Group
(810) 433-9556
Listed By:
Jennifer Lasco · License #6502402604
(248) 840-6059
Added: Nov 1, 2024
Changed: Jul 25
Last Checked: Aug 1 at 12:06PM
MLS# 24058004
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 1972 and fully renovated in 2023, this retail/showroom-oriented commercial property offers 49,434 square feet of building space. The front portion has been used in the past for automotive dealership sales and is also suited for businesses needing retail store frontage or client-facing services, with private offices for management. The property is partially leased, representing just under 20% leased through 6/30/29. Owners would also consider a NNN lease in lieu of a fee simple sale.
The site totals 7.28 acres and consists of two parcels: 6.359 acres and 0.918 acres.
The site totals 7.28 acres and consists of two parcels: 6.359 acres and 0.918 acres.
Key Highlights
- Fully renovated in 2023; built in 1993
- 49,434 SF building space on just under 7.5 acres
- Two parcels totaling 6.359 acres and 0.918 acres
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
406
Businesses Nearby
85k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 49%
Shops & Services 46%
Electronics 3%
Beauty & Spa 1%
Speedway
Shops & Services
25,009 visits/mo
0.3 miles
McDonald's
Dining
23,896 visits/mo
0.4 miles
Arby's
Dining
7,203 visits/mo
0.4 miles
Firehouse Subs
Dining
4,124 visits/mo
0.5 miles
BIGGBY COFFEE
Dining
4,108 visits/mo
0.2 miles
Demographics for 48327, MI
21,811
Population
9,864
Households
2.2
Avg Household Size
41
Median Age
32%
College-Educated
94%
High-School Grad
11.3 sq mi
ZIP Area
1,930
Density / Sq Mi
$75,512
Median Household Income
$46,259
Median Earnings
$1,058
Median Rent
$241,600
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Similar Off Market Nearby
- Houde Carpet & Flooring Co. — 6637 Highland Rd, Waterford Twp, MI 48327
- Floor Trends — 5720 Highland Rd Ste G, Waterford Twp, MI 48327
Frequently Asked Questions
What type of property is this?
Showroom - Fully renovated in 2023, the property includes a showroom retail component and private management offices on 7.28 acres.
Where is this showroom located?
The property is located at 5900 Highland Road Waterford, MI.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: Fully renovated in 2023; built in 1993; 49,434 SF building space on just under 7.5 acres; Two parcels totaling 6.359 acres and 0.918 acres
