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    4355 Dixie Hwy Waterford Township, MI 48329

    Sponsored
    For Lease
    $17 SF/Yr ($1,758 /Mo)

    Waterford Retail Space - For Lease/Sale

    Lot size:
    1,241 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1,241 square foot retail property, situated on a 1.05-acre lot in Oakland County, presents a rare opportunity for lease or purchase. Located on busy Dixie Highway near the Sashabaw Road intersection, this single-tenant building boasts a prime location surrounded by numerous national and local retailers, ensuring high visibility and foot traffic. Built in 1945, the property features a drive-thru, making it ideally suited for a variety of businesses, including restaurants and coffee shops. The building is currently vacant and offers significant potential for redevelopment. The zoning is C-2, allowing for a range of commercial uses. The property's size and location make it an attractive investment for those seeking a high-traffic location in a thriving commercial area. The asking price for the sale is $500,000, translating to $402.90 per square foot. Alternatively, the lease rate is $17.00 per square foot, NNN. This property offers a unique blend of established location and redevelopment potential, making it a compelling investment opportunity in the heart of Waterford. The one-story building is part of a larger parcel, offering ample space for expansion or future development. Its proximity to major roadways ensures excellent accessibility for customers and employees alike. Don't miss this chance to secure a prominent retail space in a high-demand area.

    Property Features for 4355 Dixie Hwy

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,241 SF
    Total Rate
    1758.08

    Building Details

    Year Built
    1945
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space
    Size
    1,241 SF
    Rate per SF
    $17

    HighLights

    • 1,241 square feet available for lease or sale.
    • 1.05‑acre lot suitable for redevelopment.
    • C‑2 zoning.
    • Drive‑thru available, adjacent to Oak Electric.
    • High‑traffic location on Dixie Highway near Sashabaw Road.
    • Ideal for national restaurant or coffee shop users.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Waterford Township
    County
    Oakland
    State
    Michigan
    Longitude
    -83.375287
    Latitude
    42.6822848

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    FAQs

    What type of property is this?
    Retail property - Waterford Retail Space - For Lease/Sale
    Where is this retail property located?
    The property is located at 4355 Dixie Hwy Waterford Township, MI.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: 1,241 square feet available for lease or sale.; 1.05-acre lot suitable for redevelopment.; C-2 zoning.
    Request Owner's contact information
    4355 Dixie Hwy 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
    4355 Dixie Hwy Waterford Township, MI 48329
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