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Mixed-Use Building with Detached Garage
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7669 Highland Rd, Waterford, MI 48327

Freestanding property combines street-level retail, an upstairs apartment, and a separate garage along a commercial corridor.

Property Size4,500 SF
Price / SF$88.67
Days on Market15

Property Features for 7669 Highland Rd

General Information

Standard status Active
Size 4,500 SF
Total Parking Spaces 13
Property subtype Retail, Multifamily
Zoning BI
Occupancy 75%
Investment Type Value Add

Site & Location

Pylon Signage Yes
Traffic Count 45,000 vehicles/day
Road Access Yes

Additional Details

Multifamily Units 1

Building Details

Year Built 1947
Year Renovated 2026
Buildings 2
Stories 2
Units 4
Tenancy Multi
Listing Agency: P.A. Commercial Corporate & Investment Real Estate
Listed By: Mark Mamassian · License #6501182453
Source: Crexi
Added: Aug 7 Changed: Aug 18 Last Checked: Aug 19 at 11:27PM

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 P.A. Commercial Corporate & Investment Real Estate

Investment Insights

Based on property information with market context.

Located at 7669 Highland Rd in Waterford, this mixed-use property includes a 3,000-square-foot freestanding building with two retail suites at street level and a second-story apartment. A detached 1,500-square-foot garage expands the site’s usable area and can support storage or additional income. The property was built in 1947 and is zoned BI.

The Highland Rd corridor carries approximately 45,000 vehicles daily, with the building positioned directly along M-59 and equipped with a pylon sign. Oakland County International Airport is across the road, while Pontiac Lake Recreation Area is nearby. The property is currently 75% occupied, with two tenants in place since 2008 under month-to-month leases. Exterior improvements were completed in 2026.

Key Highlights

  • 3,000 SF mixed‑use building with two retail suites and a second‑story apartment
  • Detached 1,500 SF garage for storage or additional income potential
  • Approximately 45,000 vehicles pass daily along Highland Rd (M‑59)

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Dental Office Law Firm Building Supply Hair Salon Parking Lot & Garage Restaurant

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

Lease Details

1
Residential units
45,000 VPD
Traffic count
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

271
Businesses Nearby
65k
Monthly Visits Nearby

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

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Freestanding property combines street-level retail, an upstairs apartment, and a separate garage along a commercial corridor.
Where is this mixed-use property located?
The property is located at 7669 Highland Rd Waterford, MI.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 3,000 SF mixed‑use building with two retail suites and a second‑story apartment; Detached 1,500 SF garage for storage or additional income potential; Approximately 45,000 vehicles pass daily along Highland Rd (M‑59)
More about this property
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