7754 Highland Rd Waterford, MI 48327-1410

This 960-square-foot industrial building in Waterford, Michigan, presents a unique investment opportunity. Situated on a 0.11-acre lot at the highly visible intersection of Williams Lake Road and M-59, this property boasts excellent visibility and accessibility. The building has served as a locksmith shop for the past 22 years, demonstrating its suitability for a variety of uses. The property features a fenced rear yard, providing secure outdoor space. Priced at $200,000, this property also offers a compelling land contract option. This alternative financing allows for a $25,000 down payment, with a 9% interest rate amortized over 20 years (5-year term). It's important to note that approval of the land contract is contingent upon the seller's review of the buyer's financial standing and credit history. This prime location on M-59, a major thoroughfare, ensures high traffic volume, making it ideal for businesses seeking strong visibility and convenient access for customers. The existing building provides a solid foundation for a variety of commercial ventures, offering immediate occupancy and the potential for customization to suit specific business needs. Don't miss this chance to acquire a well-located industrial property with flexible financing options.