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    4895 Dixie Hwy Waterford Township, MI 48329

    For Lease
    $15 SF/Yr ($5,750 /Mo)

    Prime Retail Space, Newly Renovated

    Lot size:
    4,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 4,600 square foot retail or mixed-use space is ideally located on Dixie Highway, near Williams Lk Rd. The single-story building, constructed in 1960 and extensively renovated in 2023, offers a unique opportunity for a variety of businesses. The property boasts a completely new storefront, updated ADA-compliant restrooms, and an attractive exposed industrial-style ceiling. Modern HVAC and lighting systems are in place, ensuring a comfortable and efficient environment. The interior is ready for tenant build-out to perfectly suit individual needs. Ample parking is available with 30 spaces provided. The zoning designation is 202 - Commercial, allowing for a range of uses. This property presents a rare chance to secure a newly renovated space in a high-traffic location. The landlord is offering reasonable rental rates and flexible lease terms, making this an attractive investment opportunity. The property is categorized as Airport, Fitness, and Mixed Use, reflecting its versatility and potential. Direct negotiations with the landlord are available. This is a single-suite building with no elevators.

    Property Features for 4895 Dixie Hwy

    General Information

    Property type
    Airport retail
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,600 SF
    Total Rate
    5750

    Building Details

    Year Built/Renovated
    1960/2023
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    4895
    Size
    4,600 SF
    Rate per SF
    $20

    HighLights

    • 4,600 SF retail/restaurant/special purpose space available at Dixie Highway location.
    • Newly renovated in 2023 with new storefront, ADA‑compliant restrooms, exposed ceilings, HVAC, and lighting.
    • One suite available, totaling 4,600 square feet.
    • 30 parking spaces on‑site.
    • Located near Williams Lk Rd., zoned Commercial (202).
    Property Profile Location Intelligence

    Current Use by Public Records

    Airport retail

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Waterford Township
    County
    Oakland
    State
    Michigan
    Longitude
    -83.38743427
    Latitude
    42.69085208

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    FAQs

    What type of property is this?
    Airport retail - Prime Retail Space, Newly Renovated
    Where is this airport retail located?
    The property is located at 4895 Dixie Hwy Waterford Township, MI.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: 4,600 SF retail/restaurant/special purpose space available at Dixie Highway location.; Newly renovated in 2023 with new storefront, ADA-compliant restrooms, exposed ceilings, HVAC, and lighting.; One suite available, totaling 4,600 square feet.
    Request Owner's contact information
    4895 Dixie Hwy Waterford Township, MI 48329
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    Waterford Township, MI 48329
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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
    4895 Dixie Hwy Waterford Township, MI 48329
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