1362 Huron St, Waterford, MI 48328-3678
This 5,081 square foot industrial building in Waterford, MI, presents a fantastic investment opportunity. Boasting prime M-59 frontage with excellent signage potential, this property is ideally located just half a mile west of Telegraph Road, ensuring high visibility and accessibility. The building's central portion features a dedicated entrance, a large footprint, and direct interior access to both a substantial basement and a 1500 square foot upper level. The basement, fully renovated, offers ample storage space, easily partitioned for multiple tenants. The upper level currently includes four offices, a small kitchen, and a bathroom, with potential for additional office space. Adding to the income potential are two single-story end caps, each with its own mechanicals and bathrooms, perfect for smaller businesses or professional offices. One end cap features two offices, while the other offers an open layout for customized build-out. One fully furnished office suite is available for an additional fee, including two private offices, a conference room, shared desk space, a private kitchen, and two bathrooms. The property sits on a 0.59-acre lot. Utilities are the responsibility of the tenant. This versatile property is suitable for a variety of uses, including larger firms, call centers, distributors, and independent businesses. Additional space and options are available.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
BI · Waterford, MIWaterford. Always verify with local authorities before improvements.
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.