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    1215 W Oakley Park Rd Walled Lake, MI 48390

    Sponsored
    For Sale
    $805,000

    COMMERCIAL - Commerce Twp, MI

    Type:Retail
    Property size:
    4,388 SF
    Lot size:
    0.24 Acres
    Days on Market:
    90
    Last Refresh:
    Jan 7 at 5:06 am

    Property Features for 1215 W Oakley Park Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    Rooms
    Bathroom 2, Bathroom 3, Bathroom 1
    Bathrooms
    3
    APN
    17-22-103-028
    Size
    4,388 SF
    Lot size
    0.24 Acres

    Utilities

    Utilities
    Natural Gas Available
    Sewer type
    Septic Tank
    Heating system
    Forced Air
    Water source
    Well

    Building Details

    Year built
    1929
    Floors in Building
    2
    Number of units
    3

    GRI Homes for Today (248) 234-6789

    Listing agent Tjader Gerdom (248) 515-7606

    Listing date Oct 10, 2025

    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.

    Overview

    Income-Producing Commercial Property For Sale

    This is an opportunity to purchase income-producing commercial property in Commerce Township. The property includes a convenience store building with an apartment above (1 bedroom, 1 bath), and a single-family rental home (2 bedrooms, 1 bath) next door. The convenience store has been operating in a densely-populated lakes community for over 20 years, and the residential components of this property are fully occupied. The property size is 4388 square feet and the lot size is 0.24 acres. The sale includes 3 parcel IDs.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Walled Lake
    County
    Oakland
    State
    Michigan
    Longitude
    -83.497645
    Latitude
    42.568802

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    FAQs

    What type of property is this?
    Grocery and convenience store - Commercial property with convenience store, apartment, and single-family rental home.
    Where is this grocery and convenience store located?
    The property is located at 1215 W Oakley Park Rd Walled Lake, MI.
    What is the asking price?
    The asking price for this property is $805,000.
    What are key features of this property?
    This property features: - Income-producing commercial property with established convenience store.; - Includes a convenience store, apartment, and single-family rental home, offering diverse income streams.; - Convenience store has been operating for over 20 years.
    (248) 515-7606
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    1215 W Oakley Park Rd Walled Lake, MI 48390
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    Walled Lake, MI 48390
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1215 W Oakley Park Rd Walled Lake, MI 48390
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