Strip Mall

Waterford, MI Strip Malls 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
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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Retail Strip Center with Tenant Basements
Updated: Feb 26, 2022
Retail Strip Center with Tenant Basements

4140 Elizabeth Lake Rd, Waterford, MI 48328

$1,010,000
9,600 sqft
9,600 SF retail strip center fully occupied by 3 tenants
Includes 4 separate tenant basements totaling approximately 4,800 SF
Tenants are month‑to‑month, giving potential flexibility to structure new leases
Coin laundry plus cosmetology & yoga operate on month‑to‑month lease arrangements
Tenants currently on under‑market rents, offering value‑add potential
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See what stands out in Oakland County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 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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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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High-Visibility Shopping Center For Sale
High-Visibility Shopping Center For Sale

3614-3640 Rochester Road |, Troy, MI 48083

Contact for pricing
34 sqft

High-traffic shopping center with updated storefronts and strong demographics.

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Kilmer Plaza Retail Opportunity
Kilmer Plaza Retail Opportunity

435 E. Big Beaver Road, Troy, MI 48083

Contact for pricing
18,499 sqft

Retail space available in upscale Troy shopping center.

View details

Waterford, MI Strip Malls Market Trends and Statistics

Explore 2 strip malls for sale in Waterford, MI on our real estate platform. These investment opportunities span a total of 30,945 square feet of properties for sale, with an estimated market value of $3,610,000.

Sale prices for retail strips in Waterford, MI start at $1,010,000, averaging $1,805,000, 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 16
Shopping centers 13
Automotive properties 10
Auto shops 3
Car washes 2

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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