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    Waterford, MI
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    Waterford, MI Restaurants for Sale

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    Waterford Township, MI Bloomfield Twp, MI West Bloomfield, MI White Lake, MI Commerce Township, MI Clarkston, MI Keego Harbor, MI Pontiac, MI
    6 properties
    Freestanding Drive-Through Restaurant
    Updated: Aug 8
    Freestanding Drive-Through Restaurant

    3170 Elizabeth Lake Rd, Waterford, MI 48328

    $875,000
    2,845 sqft 0.90 AC lot
    2,845 SF freestanding restaurant building
    0.90‑acre site at 3170 Elizabeth Lake Rd, Waterford, MI
    Existing drive‑through configuration and restaurant layout
    Currently occupied through 12/31/2027
    Near the signalized intersection of Elizabeth Lake Road and Cass Lake Road
    View details
    Well-Established Restaurant-Bar
    Updated: Mar 23
    Well-Established Restaurant-Bar

    1234 Waterfront Dr, Waterford, MI 48329

    $1,795,000
    7,900 sqft
    Well‑established restaurant/bar for sale
    Business and building included in the sale
    For‑sale transaction package at 1234 Waterfront Dr, Waterford, MI 48329
    View details
    Inline Retail Space
    Inline Retail Space

    5500 Cooley Lake Road, Waterford, MI 48327

    Contact for pricing
    1,200 sqft

    Shopping center space with pylon signage, on-site parking, and access from a signalized intersection.

    View details
    See hot listings in Waterford

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    Storefront with Commercial Kitchen
    Storefront with Commercial Kitchen

    3282 Dixie Hwy, Waterford, MI 48328

    $149,900

    An open-plan commercial space with a finished basement and side-of-building parking.

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    Commercial Land with Restaurant Building
    Commercial Land with Restaurant Building

    5834 Highland Road, Waterford, MI 48327

    $1,100,000

    C-2 zoning supports commercial redevelopment, with drive-through use subject to special approval.

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    Turnkey Grocery and Restaurant Business
    Turnkey Grocery and Restaurant Business

    2510 Dixie Hwy, Waterford, MI 48328

    $80,000
    3,628 sqft

    Owner-operator ready Asian grocery with prepared foods and Thai/sushi dine-in or takeout service.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 6 Active listings in Waterford, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 66 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Lake Orion Redevelopment Opportunity
    Lake Orion Redevelopment Opportunity

    571 & 575 N. Lapeer Rd, Lake Orion, MI 48362

    $3,300,000
    5,840 sqft 2.35 AC lot

    2.35 acre commercial land for redevelopment in Lake Orion.

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    Historic Restaurant with Lake Views
    Historic Restaurant with Lake Views

    Lake Orion, MI 48362

    $1,500,000
    0.95 AC lot

    Versatile restaurant with lake views, multiple dining rooms, and updates.

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    Bubba's 33 Restaurant
    Bubba's 33 Restaurant

    720 Brown Road, Auburn Hills, MI 48326

    Contact for pricing
    7,163 sqft

    Texas Roadhouse-backed restaurant with a new 15-year absolute net lease.

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    Drive-Thru Restaurant Building
    Drive-Thru Restaurant Building

    130 Brown Rd, Auburn Hills, MI 48326

    Contact for pricing
    3,153 sqft 1.89 AC lot

    Former Wendy’s with a drive-thru and pylon signage for prominent I-75 visibility in a B-2 zoning district.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land Near M1 Concourse
    Commercial Land Near M1 Concourse

    151 SOUTH Boulevard W, Pontiac, MI 48341

    $74,000
    0.22 AC lot

    Vacant parcel along South Boulevard W opposite the entrance to M1 Concourse.

    View details
    Commercial Corner Land
    Commercial Corner Land

    Highland Rd, White Lake, MI 48383

    $210,000
    1.16 AC lot

    Commercial,Office-zoned parcel with corner positioning and access from two roads.

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    Commercial Land at a Hard Corner
    Commercial Land at a Hard Corner

    Davisburg, MI 48350

    $399,900
    6.25 AC lot

    Commercial zoning and prior site plan approval accommodate several potential development configurations.

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    Commercial Land at Hard Corner
    Commercial Land at Hard Corner

    Davisburg, MI 48350

    $399,900
    6.25 AC lot

    Commercial zoning with well water and septic service.

    View details

    Off-Market Properties in Waterford, MI

    Consider similar Off-Market properties in Waterford, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    5328 Highland Rd
    RESTAURANT

    5328 Highland Rd, Waterford, MI 48327-1918

    Estimated value:
    $445,000
    2,047 sqft 10.07 AC lot
    View details
    5834 Highland Rd
    RESTAURANT

    5834 Highland Rd, Waterford, MI 48327-1827

    Estimated value:
    $650,000
    5,555 sqft 1.43 AC lot
    View details
    6225 Highland Rd
    RESTAURANT

    6225 Highland Rd, Waterford, MI 48327-1838

    Estimated value:
    $270,000
    5,646 sqft 0.91 AC lot
    View details
    2548 Elizabeth Lk Rd
    RESTAURANT

    2548 Elizabeth Lk Rd, Waterford, MI 48328-3312

    Estimated value:
    $190,000
    1,134 sqft 0.12 AC lot
    View details
    4837 Dixie Hwy
    DRIVE-THRU RESTAURANT, FAST FOOD

    4837 Dixie Hwy, Waterford, MI 48329-1706

    Estimated value:
    $335,000
    2,810 sqft 0.46 AC lot
    View details
    4683 Dixie Hwy
    DRIVE-THRU RESTAURANT, FAST FOOD

    4683 Dixie Hwy, Waterford, MI 48329-3519

    Estimated value:
    $410,000
    1,090 sqft 0.54 AC lot
    View details
    9 Telegraph Rd
    DRIVE-THRU RESTAURANT, FAST FOOD

    9 Telegraph Rd, Waterford, MI 48328-3760

    Estimated value:
    $295,000
    3,602 sqft 0.80 AC lot
    View details
    5723 Dixie Hwy
    RESTAURANT

    5723 Dixie Hwy, Waterford, MI 48329-1622

    Estimated value:
    $385,000
    3,803 sqft 0.58 AC lot
    View details
    2675 Dixie Hwy
    RESTAURANT

    2675 Dixie Hwy, Waterford, MI 48328-1710

    Estimated value:
    $105,000
    3,573 sqft 0.56 AC lot
    View details
    5744 Highland Rd
    RESTAURANT

    5744 Highland Rd, Waterford, MI 48327-1826

    Estimated value:
    $280,000
    1,476 sqft 0.31 AC lot
    View details
    1302 Huron St
    BAR, TAVERN

    1302 Huron St, Waterford, MI 48328-3641

    Estimated value:
    $255,000
    2,280 sqft 0.23 AC lot
    View details
    3861 Elizabeth Lk Rd
    RESTAURANT

    3861 Elizabeth Lk Rd, Waterford, MI 48328-3019

    Estimated value:
    $315,000
    2,122 sqft 0.33 AC lot
    View details
    3490 Airport Rd
    RESTAURANT

    3490 Airport Rd, Waterford, MI 48329-3014

    Estimated value:
    $275,000
    732 sqft 0.24 AC lot
    View details
    2299 Elizabeth Lk Rd
    DRIVE-THRU RESTAURANT, FAST FOOD

    2299 Elizabeth Lk Rd, Waterford, MI 48328-3307

    Estimated value:
    $225,000
    566 sqft
    View details
    7265 Highland Rd
    RESTAURANT

    7265 Highland Rd, Waterford, MI 48327-1507

    Estimated value:
    $300,000
    4,364 sqft 1.03 AC lot
    View details
    4922 Dixie Hwy
    RESTAURANT

    4922 Dixie Hwy, Waterford, MI 48329-1708

    Estimated value:
    $630,000
    3,908 sqft 0.69 AC lot
    View details
    4355 Dixie Hwy
    RESTAURANT

    4355 Dixie Hwy, Waterford, MI 48329-3507

    Estimated value:
    $340,000
    1,459 sqft 0.29 AC lot
    View details
    5350 Highland Rd
    DRIVE-THRU RESTAURANT, FAST FOOD

    5350 Highland Rd, Waterford, MI 48327-1919

    Estimated value:
    $460,000
    3,095 sqft 0.90 AC lot
    View details

    Waterford, MI Restaurants Market Trends and Statistics

    Explore 72 restaurants for sale in Waterford, MI, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 15,573 square feet of properties for sale, with an estimated market value of $3,999,900.

    Sale prices for restaurant properties in Waterford, MI start at $80,000, averaging $799,980, and reaching up to $1,795,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 6
    Commercial kitchens 2
    Bars & Pubs 1
    Drive through restaurants 1

    Demographics Overview

    Population 70K
    Population Growth (5Y) -4.1%
    Median Household Income $76,951
    College Educated 29.5%

    High-Yield Neighborhoods for Investment

    Identify Waterford submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    48328 $368.3K
    48327 $550K
    48329 $1.8M

    Taxes & Financing

    Tax Rate (average for all types) 3.61%
    Property Tax per SF $65.53 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Oakland County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Waterford fall within the 10,000 to 25,000 square foot range.

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