5770 Highland Rd., Waterford

Expired Office for Sale
Catylist Listing ID: 30181500
Property Subtypes: Medical, Office Building
Building Size (RSF): 3,090 SF
Gross Building Area: See Agent
Gross Land Area: 0.31 Acres
Sale Price: $349,000
Unit Price: $112.94 PSF
Property Use Type: Investment, Vacant/Owner-User
Class of Space: Class B
Sale Terms: Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 11/12/2018

Overview / Comments

• The property is a former medical office building and is improved and recently renovated for that purpose. It is in "move-in" condition for a typical medical tenant.
• There are 3 entrances so it can be split and offered for multi-tenant uses.
• Minimum space available is 925 sq. ft, up to the entire 3,090 sq. ft.
• 2/3 or the building has independent basements
• Fully renovated in 1997 for medical use; new HVAC in 2004; new roof in 2016
• Annual real estate taxes: $9,409.80

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Oakland
Submarket/Township: Lakes Area
Tax ID/APN: 13-16-378-009
Property Located Between: Airport Rd. and Crescent Lake Rd.
Property Visibility: Excellent
Total Number of Buildings: 1
Number of Stories: 1
Year Renovated: 1997
Roof Type: Arched
Construction/Siding: Stucco
Parking Type: Structure
Total Parking Spaces: 28

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,405 70,336 162,785
Median Age: 40.42 39.41 39.26
Households: 3,999 28,727 64,564


The information presented herein is provided as is, without warranty of any kind. Neither Catylist nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.