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Renovated Retail Building For Sale
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1450 S Hospital Rd, Waterford Township, MI 48327

Recently renovated 18,200 SF retail building, owner/user or investor.

Property Size18,200 SF
Days on Market2766

Property Features for 1450 S Hospital Rd

General Information

Standard status Active
Size 18,200 SF
Property subtype Retail
Lease Type Gross
Investment Type Owner/User
Listing Agency: NAI Farbman Southfield
Listed By: Brad Margolis · License #MI 6501371948
Source: Crexi
Added: Jan 23, 2019 Changed: Aug 16 Last Checked: Aug 20 at 12:15PM

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 NAI Farbman Southfield

Investment Insights

Based on property information with market context.

This is a recently renovated retail building offering 18,200 square feet of space. It presents a potential opportunity for an owner-user or investor. The owner is open to leasing back 9,100 square feet of the building. Alternatively, the sale of the building can include the existing business. There is between 9,100 and 18,200 square feet available for lease.

Key Highlights

  • Recently renovated 18,200 SF retail building
  • Opportunity for owner/user or investor
  • Owner will leaseback 9,100 SF

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon

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

66
Businesses Nearby

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?
Retail space - Recently renovated 18,200 SF retail building, owner/user or investor.
Where is this retail space located?
The property is located at 1450 S Hospital Rd Waterford Township, MI.
What are key features of this property?
This property features: Recently renovated 18,200 SF retail building; Opportunity for owner/user or investor; Owner will leaseback 9,100 SF
(248) 351-4367 Call to check price and availability
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