Waterford, MI Strip malls for sale

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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This listing looks promising.

Here's a quick look at some key insights for

1052 1072 W Huron Street, Waterford, MI 48328

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Est. Cap Rate

8.8%
Above avg (5.9%)
Est. NOI

$230K
Annual
Price @ 7% Cap

$3.28M
Above asking
Property Type

Regional: Shopping Center, Mall (W/Anchor)
Built 1953

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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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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Waterford, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

Remodeled Strip Center For Sale

15308 E 8 MILE Rd, Detroit, MI 48235

$1,250,000

0.28 AC lot

Remodeled strip center with five units and new features.

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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

435 E. Big Beaver Road, Troy, MI 48083

Contact for pricing

18,499 sqft

Retail space available in upscale Troy shopping center.

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Retail Plaza End Cap Unit

14531 W Eight Mile Rd, Detroit, MI 48235

Contact for pricing

This busy-corner former restaurant building is being converted into a four-unit retail plaza, with end cap unit space available January 2021.

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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 on Corunna Road

Flint, MI 48532

$99,900

2.40 AC lot

2.40-acre commercial land parcel with C2 zoning.

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Prime Commercial Land Near US-23

Arkona Road, Milan, MI 48160

$1,900,000

18.53 AC lot

18.53 acre commercial land parcel with US-23 visibility.

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Prime Commercial Land Opportunity

Brookley Road, Jackson, MI 49202

$1,499,010

5.12 AC lot

5. 5 acres at I-94 and Cooper Street.

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Fremont Commercial Land Opportunity

2400 N State Route 53, Fremont, OH 43420

$1,520,000

27.57 AC lot

Prime commercial land with development potential in high-traffic area.

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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.

Neighborhood	Average Price
48328	$3M

Neighborhood

Average Price

48328

$3M

Waterford, MI Strip Malls for Sale

1052 1072 W Huron Street, Waterford, MI 48328

4140 Elizabeth Lake Rd, Waterford, MI 48328