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    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
    $1.38M
    Owner & transaction history
    Cvs Waterford LLC · 3 yrs held
    Cvs Waterford LLC
    since 2023
    2 recorded transactions
    2023
    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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