1450 Hospital Rd Waterford Township, MI 48327
- Bars
- 18,416 SF
- 1.59 lot acres
Current Use by Public Records
- Bars
Property Details for 1450 Hospital Rd
- Year built
- 1973
- Lot size
- 1.59 lot acres
- Property size
- 18,416 SF
- Zone code
- BI
- Property type
- Bars
- Property subtype
- Pubs
- APN
- W -13-31-476-107
- APU
- W1331476107
Description
This exceptional 18,200-square-foot retail building in Waterford Township, Michigan, presents a rare investment or owner-user opportunity. Recently renovated, the property is ideally suited for a restaurant, bar, or nightclub. Located at 1450 S Hospital Rd, 48327, in Oakland County, this prime location boasts a dense residential population and ample parking with convenient access. The building offers flexible lease options, with 9,100 to 18,200 square feet available. The current owner is open to leasing back 9,100 square feet of the space, selling the existing restaurant business along with the building, or vacating entirely to accommodate a new user. The property includes a liquor license and existing equipment, representing a significant advantage for a prospective buyer or tenant. Up to six months of free rent may be available, making this a compelling proposition for those seeking a turnkey operation or a blank canvas for their own concept. This is a truly unique opportunity to acquire a well-situated, recently renovated restaurant space in a thriving Michigan community. The property's gross lease structure simplifies operations, and its size allows for substantial expansion or adaptation to various restaurant concepts. Don't miss this chance to secure a highly desirable commercial property in a prime location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Waterford
- County
- Oakland
- State
- Michigan
- Longitude
- -83.4241
- Latitude
- 42.6164
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
