Property profile

4210 Sashabaw Rd Waterford Township, MI 48329

FOR SALE
Grocery and convenience stores
Property ID
US43-5187264
3,000 SF 0.45 ac lot Built 1948
Entity Owned 11-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This freestanding building, situated on a 0.45-acre lot in Oakland County's Waterford Township (zip code 48329), presents a unique investment opportunity. Built in 1948, the 3,727 square foot, single-story structure is zoned for neighborhood commercial use and offers versatile potential for various businesses. The property includes a built-in kitchen equipped with substantial commercial-grade appliances, including a Middleby Marshall double stack natural gas split belt pizza conveyor with hood and make-up air, two deep fryers with a 4-foot hood, an Ansul fire suppression system, two three-compartment sinks, a Hobart 50-quart dough mixer, two 3-foot warmers, a 6-foot pizza prep station, two double-door reach-in freezers, and a double-door reach-in cooler, and a 4-foot sub prep station. This turnkey kitchen is ideal for restaurants, catering businesses, or similar ventures, saving significant time and capital on build-out costs. Located at 4210 Sashabaw Rd, the property benefits from its position within a thriving Waterford Township neighborhood, adjacent to Independence Township. The asking price for this exceptional property is $599,000. This is a rare opportunity to acquire a well-equipped, versatile commercial space in a desirable location.

Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1948
Total area 3,000 SF
Lot 0.45 ac (19,602 SF)
Zoning code BI
APN W -13-03-276-001
UPID US43-5187264

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4210 Sashabaw Rd Waterford Township, MI 48329
Waterford Township metro Census 143500 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2015
4 recorded transactions
2021
Price N/A
2015
$115,000
2009
Price N/A
2005
$190,000

Zoning & alternative use

BI · Waterford, MI

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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