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    OFF-MARKET
    Office buildings

    1050 Huron St, Waterford, MI 48328-3730

    1,968 SF 0.53 ac lot Built 1955
    Individually Owned 5-yr Hold Absentee Owner Free & Clear
    Property ID
    US43-1384368
    Property summary
    AI-generated overview

    This almost 2,000 sq ft industrial building in Waterford, MI, is situated on a 0.53-acre lot with exceptional visibility on a highly trafficked Main Street near the intersection of Telegraph Rd and Huron (M-59). The property boasts a recently renovated interior with modern upgrades, including professionally epoxied flooring, creating a sleek and low-maintenance space. The flexible layout features an open concept floor plan suitable for various commercial uses. A fully finished basement offers additional space for offices or storage. The building includes a reception area, kitchenette, and two half baths on the main floor, with provisions for additional bathrooms in the basement. A new roof with a 100-year warranty provides long-term peace of mind. Ample parking is available on the spacious lot, offering potential for future outdoor expansion. This prime location provides excellent street frontage and easy access to major intersections, making it an ideal space for businesses seeking high visibility and convenient access. The combination of location, condition, and value makes this a rare opportunity in Waterford.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1955
    Total area 1,968 SF
    Lot 0.53 ac (23,087 SF)
    Zoning code BI
    APN W -13-25-455-032
    UPID US43-1384368
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
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    Owner & transaction history
    Stephanie L Collins · 5 yrs held
    Stephanie L Collins
    since 2021
    4 recorded transactions
    2021
    2020
    2020
    1969
    Zoning & alternative use
    BI · Waterford, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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