4-Unit Mixed-Use
For Sale
$374,900
7627-7633 Highland Rd, Waterford, MI 48327
Three suites are leased, with one unit remaining available for occupancy.
Property Size5,120 SF
Price / SF$73.22
Days on Market136
Property Features for 7627-7633 Highland Rd
General Information
Standard status
Active
Size
5,120 SF
Property subtype
Commercial
Zoning
C-2
Additional Details
Condition
Turnkey
Road Access
Yes
Tenant in Place
Yes
Property Use
Retail/Office
Building Details
Year Built
1955
Buildings
1
Tenancy
Multi
Listing Agency:
Wilhelm & Associates
Listed By:
Thomas Wilhelm · License #6501196948
(248) 625-9500
Source:
Metrodetroithomeguide
Added: Jun 11
Changed: Oct 23
Last Checked: Oct 9 at 6:31PM
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 Wilhelm & Associates
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Investment Insights
Based on property information with market context.
The property is a four-unit commercial plaza with 1,200 SF in each unit. Three units are currently leased. The stated zoning is C-2, for local commercial, retail, and professional office use.
The plaza fronts Highland Road (M-59) in Waterford, Michigan, and has a parking layout for customers and staff. Its four-unit configuration combines existing leased occupancy with one unit not currently leased.
The plaza fronts Highland Road (M-59) in Waterford, Michigan, and has a parking layout for customers and staff. Its four-unit configuration combines existing leased occupancy with one unit not currently leased.
Key Highlights
- Four units, each measuring 1,200 SF
- Three of the four units are currently leased
- C‑2 zoning for local commercial, retail, and professional office use
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
271
Businesses Nearby
65k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 52%
Shops & Services 48%
Culver's
Dining
20,122 visits/mo
0.3 miles
Dollar Tree
Shops & Services
17,944 visits/mo
0.2 miles
Burger King
Dining
11,108 visits/mo
0.3 miles
Genisys Credit Union
Shops & Services
10,961 visits/mo
0.2 miles
SUBWAY
Dining
2,471 visits/mo
0.3 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
Frequently Asked Questions
What type of property is this?
Mixed-use property - Three suites are leased, with one unit remaining available for occupancy.
Where is this mixed-use property located?
The property is located at 7627-7633 Highland Rd Waterford, MI.
What is the asking price?
The asking price for this property is $374,900.
What are key features of this property?
This property features: Four units, each measuring 1,200 SF; Three of the four units are currently leased; C‑2 zoning for local commercial, retail, and professional office use
