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Property profile & analytics
FOR LEASE
Drug stores

1156 W Huron St Waterford, MI 48328

10,733 SF 0.37 ac lot Built 1995
Entity Owned 3-yr Hold Absentee Owner Free & Clear
Property ID
US43-1501933
Property summary
AI-generated overview

This exceptional 10,922 square foot retail space is available for lease at 1156 W Huron St, Waterford, MI 48328. Located in Oakland County, this single-tenant building boasts a prime location with excellent visibility and accessibility. Built in 1995, the property features a single story design and ample parking with 58 spaces available. The building is zoned C-2 Small Business, offering a wide range of potential uses. The entire 10,922 square feet is currently vacant, presenting a unique opportunity for a business seeking a substantial and adaptable space. The property's address is 1156 W Huron St, with a cross street of Lynn. Its convenient location and substantial size make it an ideal space for a variety of retail businesses. The property's APN is 1325451035. This is a rare opportunity to secure a significant retail presence in a thriving Waterford community. The building's single-story design offers ease of access and efficient use of space. The ample parking ensures convenient access for customers and employees. The C-2 zoning provides flexibility for a range of business types. Don't miss this chance to establish your business in this highly visible and accessible location.

Property profile
Verified
Property type Drug stores
Use group DRUG STORE, PHARMACY
Year built 1995
Total area 10,733 SF
Lot 0.37 ac (16,117 SF)
Zoning code BI
APN W -13-25-451-035
UPID US43-1501933
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.38M
Blend (final) Blend
$350k
Owner & transaction history
Cvs Waterford LLC · 3 yrs held
Cvs Waterford LLC
since 2023
2 recorded transactions
2023
Price N/A
2023
$1.5M
Zoning & alternative use
BI · Waterford, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $1.9M +71.6%
Restaurant $1.9M +69.3%
Medical building $1.7M +54.4%
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