2409 Voorheis Rd, Waterford, MI 48341
This meticulously remodeled 1,000 square foot industrial building in Waterford, MI, presents a unique opportunity for a variety of businesses. Situated on a 0.17-acre lot, the property boasts excellent visibility and is zoned C-1. The interior has been completely updated, offering a truly turn-key experience. Features include a private conference room, a modern kitchenette equipped with quartz and granite countertops, a refrigerator, dishwasher, and cabinetry. Ample parking is provided by a recently resurfaced (2020) lot. Accessibility is ensured through handicap-accessible design. The building benefits from a newer rubber roof (installed in 2009), a well-maintained 5-ton HVAC unit (with recent fan motor and circuit board replacements), and a new on-demand tankless water heater. Technological infrastructure is robust, featuring an IT hub, phone system, surround sound/music system, wireless key fob entry, and a wired security camera system (requiring only a DVR). Additional amenities include a Nest thermostat, recessed lighting, newer double-pane argon vinyl windows with screens, and an outdoor patio area with Trex decking and a white vinyl fence (offering potential expansion for storage). The building's previous use as a salon has left intact plumbing, ideal for similar businesses. The numerous possibilities for this versatile space include, but are not limited to, physical therapy, medical supply, real estate office, accounting, legal, print shop, marketing, grooming, salon, networking, design studio, daycare, party store, carryout restaurant, fitness center, or bookstore.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.