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    Waterford, MI
    Medical Center

    Waterford, MI Medical Centers for Sale

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    Waterford Township, MI Bloomfield Twp, MI West Bloomfield, MI White Lake, MI Clarkston, MI Commerce Twp, MI Keego Harbor, MI Pontiac, MI
    Medical Office with Full Basement
    Updated: Oct 27, 2025
    Medical Office with Full Basement

    2561 Elizabeth Lake Road, Waterford, MI 48328

    $450,000
    2,500 sqft 1.90 AC lot
    2,500‑square‑foot medical office on a 1.9‑acre parcel
    Existing layout includes multiple exam rooms and separate sick and well reception areas
    Full basement with staff break room and storage
    Dedicated laboratory space and three bathrooms
    Brick building constructed in 1962
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    This listing looks promising.

    Here's a quick look at some key insights for

    2561 Elizabeth Lake Road, Waterford, MI 48328

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    • Est. Cap Rate

      7.5%
      Above avg (5.9%)

    • Est. NOI

      $34K
      Annual

    • Price @ 7% Cap

      $483K
      Above asking

    • Property Type

      Medical Building
      Built 1962
    View Property Analytics
    Based on your search, we've compiled 48 Potential Opportunities for your consideration. Besides 1 Active listings in Waterford, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 41 Off-Market properties to explore as potential leads, plus 2 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Retail Plaza with Drive-Through
    Retail Plaza with Drive-Through

    24908 Lahser, Southfield, MI 48075

    Contact for pricing
    10,000 sqft

    Five-unit retail plaza with a corner suite approved for medical-center use and drive-through service access.

    View details
    Turnkey Medical Condo Suite
    Turnkey Medical Condo Suite

    51863 Schoenherr Rd, Shelby Township, MI 48315

    Contact for pricing
    14,440 sqft

    Turnkey 3,200 SF medical condo with five exam rooms, X-ray room, lab, offices, and ample parking.

    View details
    Two-Story Medical Office Building
    Two-Story Medical Office Building

    22777 W 11 Mile Rd, Southfield, MI 48033

    Contact for pricing
    28,668 sqft

    Two-story medical building with 200 parking spaces, offering convenient access to major thoroughfares.

    View details
    Medical Condo with Five Exam Rooms
    Medical Condo with Five Exam Rooms

    51863 Schoenherr Rd, Shelby Township, MI 48315

    Contact for pricing
    3,200 sqft

    Turnkey medical condo offering five exam rooms, reception/waiting area, and onsite parking with easy ingress and egress.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Commercial Land in Troy
    Prime Commercial Land in Troy

    92 E Wattles Rd, Troy, MI 48085

    $495,000
    1.01 AC lot

    1.014-acre commercial lot with high visibility in Troy, MI.

    View details
    Corner Commercial Land with High Road Frontage
    Corner Commercial Land with High Road Frontage

    Highland Road, White Lake, MI 48383

    $215,000
    1.16 AC lot

    Commercial land parcel on a corner with substantial frontage on heavily traveled Highland Road.

    View details

    Off-Market Properties in Waterford, MI

    Consider similar Off-Market properties in Waterford, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1095 Huron St
    MEDICAL BUILDING

    1095 Huron St, Waterford, MI 48328-3735

    $225,000
    Estimated value
    2,385 sqft 0.27 AC lot
    View details
    1350 Huron St
    MEDICAL BUILDING

    1350 Huron St, Waterford, MI 48328-3641

    $295,000
    Estimated value
    3,708 sqft 0.28 AC lot
    View details
    6732 Highland Rd
    MEDICAL BUILDING

    6732 Highland Rd, Waterford, MI 48327-1674

    $380,000
    Estimated value
    8,207 sqft 0.41 AC lot
    View details
    7559 Highland Rd
    MEDICAL BUILDING

    7559 Highland Rd, Waterford, MI 48327-1405

    $340,000
    Estimated value
    1,744 sqft 0.41 AC lot
    View details
    4486 Walton Blvd
    MEDICAL BUILDING

    4486 Walton Blvd, Waterford, MI 48329-4073

    $210,000
    Estimated value
    2,650 sqft 0.47 AC lot
    View details
    2561 Elizabeth Lk Rd
    MEDICAL BUILDING

    2561 Elizabeth Lk Rd, Waterford, MI 48328-3313

    $350,000
    Estimated value
    2,253 sqft 1.90 AC lot
    View details
    4426 Walton Blvd
    MEDICAL BUILDING

    4426 Walton Blvd, Waterford, MI 48329-4073

    $190,000
    Estimated value
    2,264 sqft 0.47 AC lot
    View details
    4363 Highland Rd
    MEDICAL BUILDING

    4363 Highland Rd, Waterford, MI 48328-2141

    $345,000
    Estimated value
    4,966 sqft 1.36 AC lot
    View details
    3801 Elizabeth Lk Rd
    MEDICAL BUILDING

    3801 Elizabeth Lk Rd, Waterford, MI 48328-3017

    $95,000
    Estimated value
    2,856 sqft 0.21 AC lot
    View details
    5770 Highland Rd
    MEDICAL BUILDING

    5770 Highland Rd, Waterford, MI 48327-1877

    $250,000
    Estimated value
    3,090 sqft 0.31 AC lot
    View details
    4450 Walton Blvd
    MEDICAL BUILDING

    4450 Walton Blvd, Waterford, MI 48329-4093

    $325,000
    Estimated value
    3,948 sqft 0.60 AC lot
    View details
    5696 Dixie Hwy
    MEDICAL BUILDING

    5696 Dixie Hwy, Waterford, MI 48329-1618

    $185,000
    Estimated value
    1,220 sqft 0.28 AC lot
    View details
    4400 Highland Rd
    MEDICAL BUILDING

    4400 Highland Rd, Waterford, MI 48328-1222

    $745,000
    Estimated value
    13,310 sqft 2.57 AC lot
    View details
    3803 Elizabeth Lk Rd
    MEDICAL BUILDING

    3803 Elizabeth Lk Rd, Waterford, MI 48328-3017

    $260,000
    Estimated value
    2,463 sqft 0.30 AC lot
    View details
    4764 Dixie Hwy
    MEDICAL BUILDING

    4764 Dixie Hwy, Waterford, MI 48329-3525

    $280,000
    Estimated value
    4,509 sqft 0.46 AC lot
    View details
    6620 Highland Rd
    MEDICAL BUILDING

    6620 Highland Rd, Waterford, MI 48327-1682

    $3,825,000
    Estimated value
    26,581 sqft 4.46 AC lot
    View details
    2665 Elizabeth Lk Rd
    MEDICAL BUILDING

    2665 Elizabeth Lk Rd, Waterford, MI 48328-3277

    $225,000
    Estimated value
    11,740 sqft 1.20 AC lot
    View details
    1435 Airport Rd
    MEDICAL BUILDING

    1435 Airport Rd, Waterford, MI 48327-1809

    $430,000
    Estimated value
    4,933 sqft 0.60 AC lot
    View details
    1305 Oakland Blvd
    MEDICAL BUILDING

    1305 Oakland Blvd, Waterford, MI 48327-1547

    $2,085,000
    Estimated value
    21,949 sqft 10.22 AC lot
    View details
    5616 Highland Rd
    MEDICAL BUILDING

    5616 Highland Rd, Waterford, MI 48327-1926

    $235,000
    Estimated value
    1,844 sqft 0.24 AC lot
    View details
    4930 Elizabeth Lk Rd
    MEDICAL BUILDING

    4930 Elizabeth Lk Rd, Waterford, MI 48327-2738

    $235,000
    Estimated value
    1,627 sqft 0.65 AC lot
    View details
    5624 Highland Rd
    MEDICAL BUILDING

    5624 Highland Rd, Waterford, MI 48327-1926

    $230,000
    Estimated value
    2,697 sqft 0.20 AC lot
    View details
    5784 Highland Rd
    MEDICAL BUILDING

    5784 Highland Rd, Waterford, MI 48327-1826

    $310,000
    Estimated value
    2,353 sqft 0.31 AC lot
    View details

    Waterford, MI Medical Centers Market Trends and Statistics

    Explore 42 medical centers for sale in Waterford, MI on our real estate platform. These investment opportunities span a total of 2,500 square feet of properties for sale, with an estimated market value of $450,000.

    Sale prices for medical buildings in Waterford, MI average $450,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Medical centers 1
    Spa & wellness properties 1

    Demographics Overview

    Population 70K
    Population Growth (5Y) -4.1%
    Median Household Income $76,951
    College Educated 29.5%

    High-Yield Neighborhoods for Investment

    Identify Waterford submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    48328 $499.9K

    Taxes & Financing

    Tax Rate (average for all types) 3.61%
    Property Tax per SF $65.53 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Oakland County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Waterford fall within the 10,000 to 25,000 square foot range.

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