Equipped Commercial Kitchen For
For Sale
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4210 Sashabaw Rd, Waterford Township, MI 48329
Ready-to-use commercial kitchen in Waterford Township, MI.
Property Size3,727 SF
Price / SF$133.89
Days on Market685
Property Features for 4210 Sashabaw Rd
General Information
Standard status
Active
Size
3,727 SF
Property subtype
Retail
Zoning
Neighborhood Commercial
Investment Type
Owner/User
Building Details
Year Built
1948
Buildings
1
Stories
1
Listing Agency:
On Q Commercial Real Estate
Listed By:
Joe Qonja · License #6505432099
Source:
Crexi
Added: Nov 20, 2024
Changed: Oct 3
Last Checked: Oct 5 at 5:44PM
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 On Q Commercial Real Estate
Investment Insights
Based on property information with market context.
This property presents an opportunity for expansion, relocation, or a new culinary venture. It features a ready-to-use kitchen suitable for restaurants, catering services, or other culinary businesses. The property is located in Waterford Township, adjacent to Independence Township, within a thriving neighborhood. The existing kitchen equipment includes a Middleby Marshall double stack natural gas split belt pizza conveyor with hood and make-up air, two deep fryers with a 4 ft hood and Ansul fire suppression system, two three-compartment sinks, a Hobart 50 qt dough mixer, two 3 ft warmers, a 6ft pizza prep station, two double-door reach-in freezers, one double-door reach-in cooler, and a 4 ft sub prep station. The property size is 3727 square feet.
Key Highlights
- Ready‑to‑use commercial kitchen ideal for restaurants, catering, or culinary businesses.
- Includes essential kitchen equipment: Middleby Marshall pizza conveyor, fryers, hood & makeup air, sinks, dough mixer, warmers, prep stations, freezers, and cooler.
- Located in a thriving and friendly neighborhood of Waterford Township.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,466
Cap Rate
3.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$369,320
$369.3K
Cap Rate 7%
$263,800
$263.8K
Cap Rate 9%
$205,178
$205.2K
Market Conditions
NOI Build-Up for 3,727 SF
Gross rent
$27.4K $7.35/SF
− Vacancy
−$1.0K −$0.27/SF
EGI
$26.4K $7.08/SF
− OpEx
−$7.9K −$2.12/SF
NOI
$18.5K $4.95/SF
Area
Oakland County, MI
Vacancy
3.70%
Lease Rate
$7.35 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$369,320
Cap Rate 7%
$263,800
Cap Rate 9%
$205,178
Alternative Uses
Best Use
Specialty Retail
$803.9K
$703.4K – $937.9K
NOI $56,272 @ 7.0% cap · market cap 11.28%
Second Best
Industrial
$263.8K
$230.8K – $307.8K
NOI $18,466 @ 7.0% cap · market cap 3.70%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
564
Businesses Nearby
166k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 41%
Dining 40%
Apparel 15%
Home Improvements & Furnishings 4%
McDonald's
Dining
25,564 visits/mo
0.3 miles
Dunham's Sports
Apparel
24,526 visits/mo
0.4 miles
Ollie's Bargain Outlet
Shops & Services
17,179 visits/mo
0.3 miles
Shell
Shops & Services
16,502 visits/mo
0.2 miles
Speedway
Shops & Services
16,155 visits/mo
0.2 miles
Demographics for 48329, MI
24,391
Population
10,249
Households
2.4
Avg Household Size
45
Median Age
29%
College-Educated
94%
High-School Grad
10.3 sq mi
ZIP Area
2,368
Density / Sq Mi
$85,777
Median Household Income
$48,837
Median Earnings
$1,323
Median Rent
$245,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial kitchen - Ready-to-use commercial kitchen in Waterford Township, MI.
Where is this commercial kitchen located?
The property is located at 4210 Sashabaw Rd Waterford Township, MI.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Ready‑to‑use commercial kitchen ideal for restaurants, catering, or culinary businesses.; Includes essential kitchen equipment: Middleby Marshall pizza conveyor, fryers, hood & makeup air, sinks, dough mixer, warmers, prep stations, freezers, and cooler.; Located in a thriving and friendly neighborhood of Waterford Township.
