Renovated Retail and Office
For Sale
$4,500,000
5900 Highland Road Waterford, Waterford, MI 48327
Fully renovated building with retail frontage and private management offices, offered partially leased.
Property Size49,434 SF
Lot Size7.50 Acres
Price / SF$91.03
Days on Market48
Property Features for 5900 Highland Road Waterford
General Information
Standard status
Active
Size
49,434 SF
Total Parking Spaces
1500
Lot size
7.50 Acres
Zoning
B1
Occupancy
20%
Taxes and HOA fees
Annual Taxes
$64,968
Amenities
Yes
4
1
No
Real Estate
7.28
1500.0
396X731X367X496X199X60X173X175
Slab
49434.0
5
Building Details
Building Size
49,434 SF
Year Built
1993
Year Renovated
2023
Buildings
5
Listing Agency:
(269) 399-5881
Listed By:
Jose Sigala
(269) 399-5881
Source:
Remax-executive
Added: Jun 30
Changed: Aug 14
Last Checked: Aug 16 at 3:08AM
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 Jose Sigala
Investment Insights
Based on property information with market context.
Built in 1972 and fully renovated in 2023, this property offers a combined retail and office configuration totaling 49,434 square feet. The front portion has historically been used for automotive dealership sales, and the improvements include private offices for management use. The site also includes two parcels totaling just under 7.5 acres, providing flexibility for a tenant and operating footprint.
The asset is located at 5900 Highland Road in Waterford, Michigan. The property is comprised of two tax parcels: 1316352020 (6.359 acres) and 1316352029 (.918 acres). Based on the current structure, approximately just under 20% of the property is partially leased through 6/30/29. The owners would consider a NNN lease in lieu of a fee simple sale.
For buyers or tenants seeking a renovated facility with customer-facing retail frontage and on-site management offices, the layout supports businesses that need both client visibility and dedicated office space. The prior dealership-style use may also translate well to retail store concepts or client-service operations, depending on how the space is reconfigured for the intended business.
The asset is located at 5900 Highland Road in Waterford, Michigan. The property is comprised of two tax parcels: 1316352020 (6.359 acres) and 1316352029 (.918 acres). Based on the current structure, approximately just under 20% of the property is partially leased through 6/30/29. The owners would consider a NNN lease in lieu of a fee simple sale.
For buyers or tenants seeking a renovated facility with customer-facing retail frontage and on-site management offices, the layout supports businesses that need both client visibility and dedicated office space. The prior dealership-style use may also translate well to retail store concepts or client-service operations, depending on how the space is reconfigured for the intended business.
Key Highlights
- Partially leased property with 49,434 SF building area on 7.28 acres (two parcels: 1316352020 and 1316352029).
- Built in 1993; fully renovated in 2023.
- Includes 4 total bathrooms, air conditioning, and heating; foundation is slab.
Property Analytics
Property Profile
Current Use
Lease Details
20%
Occupancy
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
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Frequently Asked Questions
What type of property is this?
Showroom - Fully renovated building with retail frontage and private management offices, offered partially leased.
Where is this showroom located?
The property is located at 5900 Highland Road Waterford 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: Partially leased property with 49,434 SF building area on 7.28 acres (two parcels: 1316352020 and 1316352029).; Built in 1993; fully renovated in 2023.; Includes 4 total bathrooms, air conditioning, and heating; foundation is slab.
