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Individually Owned 
For Sale
1 / 21
Property summary
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.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2019
Value estimate
· Oct 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 16 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 18,416 SF
- Lot area
- 1.59 ac
- Year built
- 1973
- Stories
- 1
- APN
- W -13-31-476-107
- Zoning
- BI
- Assessed value · 2019
- $414,900
- Annual tax · 2019
- $22,245
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Signals, scores & lead lists
- 300 owner contacts a month
- 30 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- Signals, scores & lead lists
- 1500 owner contacts a month
- 150 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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Sample leads
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Off Market
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Loan from 20049.0% rateNew Century Bank Fayetteville
BRAGG BLVD, FAYETTEVILLE, NC 28303
