Property profile

2409 Voorheis Rd Waterford, MI 48341

OFF-MARKET
Industrial properties
1,000 SF 0.17 ac lot Built 1919
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Industrial properties
Year built 1919
Total area 1,000 SF
Lot 0.17 ac (7,405 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2409 Voorheis Rd Waterford, MI 48341
Waterford metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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