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    FOR SALE
    Grocery and convenience stores

    4210 Sashabaw Rd, Waterford Township, MI 48329

    3,000 SF 0.45 ac lot Built 1948
    Entity Owned 11-yr Hold Absentee Owner Free & Clear
    Property ID
    US43-5187264
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    4210 Sashabaw LLC · 11 yrs held
    4210 Sashabaw LLC
    since 2015
    4 recorded transactions
    2021
    2015
    $115,000
    2009
    2005
    $190,000
    Zoning & alternative use
    BI · Waterford, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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