Property summary
Commercial building located on Voorheis Street in Waterford, offering frontage on a public roadway. The property is approximately 1,000 square feet and is situated on a 0.17-acre lot, zoned C-1, with a fenced outdoor area that includes an outside patio and Trex decking enclosed by a white vinyl fence. The building is fully handicap accessible and includes a retained plumbing system, as it was previously used as a salon. Interior features include a kitchenette with quartz and granite counters, with a refrigerator, dishwasher, and cabinetry; recessed lighting; and a Nest thermostat. It has double-pane argon vinyl windows with screens and a surround PA/music system, along with a phone/communications setup and an IT hub. Security and access-related components include a wireless key fob entry system, a universal security system, and wired security cameras. Mechanical and water heating systems include a roof-mounted 5-ton HVAC AC/furnace unit (with replaced fan motor and circuit board), a newer rubber roof installed in 2009, and a newer on-demand tankless water heater. Site improvements include a parking lot that was updated with a 2-inch cap, and the exterior has been painted. The property has multiple designated areas for road signage.
Property profile
VerifiedCap rate & NOI
Current use
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Advertising Agency Marketing & Advertising
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Construction Company
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
BI · Pontiac, MIZoning
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Zoning designation
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