Strip Mall

Waterford, MI Strip Malls for Sale

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Waterford Township, MI West Bloomfield, MI White Lake, MI Bloomfield Twp, MI Commerce Township, MI Clarkston, MI Keego Harbor, MI Pontiac, MI
Multi-Tenant Retail Center
Updated: Jun 2
Multi-Tenant Retail Center

1052 1072 W Huron Street, Waterford, MI 48328

$2,600,000
21,345 sqft
±21,345 SF multi‑tenant retail center in Waterford, MI
100% occupied with stable tenancy and low‑vacancy market positioning
Prominent visibility along M‑59, a high‑traffic commercial corridor
Diverse, service‑oriented tenant mix
Announced income upside via converting gross leases to NNN; projected ±$230,000 NOI (7.8% cap)
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4-Unit Mixed-Use Plaza
Updated: May 27
4-Unit Mixed-Use Plaza

7627-7633 Highland Rd, Waterford, MI 48327

$374,900
5,120 sqft
Four units, each measuring 1,200 SF
Three of the four units are currently leased
C‑2 zoning for local commercial, retail, and professional office use
Frontage on Highland Road (M‑59) in Waterford
Parking layout on site
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Retail Strip Center with Tenant Basements
Retail Strip Center with Tenant Basements

4140 Elizabeth Lake Rd, Waterford, MI 48328

$1,010,000
9,600 sqft

Fully occupied three-tenant strip center with separate tenant basements and month-to-month leases.

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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
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Waterford, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Multi-Tenant Shopping Center Near CVS
Multi-Tenant Shopping Center Near CVS

30598 - 30860 Southfield Road, Southfield, MI 48076

$10,200,000
53,500 sqft

Retail center with established national, regional, dining, automotive, and healthcare occupants in a prominent suburban trade area.

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Multi-Tenant Strip Mall
Multi-Tenant Strip Mall

24033-24099 Meadowbrook Rd, Novi, MI 48375

Contact for pricing
24,949 sqft 2.70 AC lot

Retail property offering multiple tenant spaces and substantial surface parking in a dense Novi commercial corridor.

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Strip Retail Center with NNN Potential
Strip Retail Center with NNN Potential

15600 West 10 Mile Road, Southfield, MI 48075

$4,625,000

Value-add strip center with 14 tenants and a staggered lease expiration schedule.

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Former CVS Shopping Center
Former CVS Shopping Center

42191 W 14 Mile Rd, Novi, MI 48377

Contact for pricing

Former CVS property positioned within a shopping-center classification on West 14 Mile Road in Novi.

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Waterford, MI Strip Malls Market Trends and Statistics

Explore 3 strip malls for sale in Waterford, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 36,065 square feet of properties for sale, with an estimated market value of $3,984,900.

Sale prices for retail strips in Waterford, MI start at $374,900, averaging $1,328,300, and reaching up to $2,600,000 — 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

Storefront properties 15
Automotive properties 11
Shopping centers 10
Auto shops 4
Banks 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 $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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