For Sale
$1,100,000

7150 Cooley Lake RdWaterford Township, MI 48327

12,510 SF Retail Space, Excellent Visibility

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 12,510 square foot retail condominium, located at 7150 Cooley Lake Road in Waterford Township, Michigan, presents a compelling investment opportunity. Priced at $1,100,000 ($87.93/SF), this single-story Class B building boasts excellent visibility and ample parking, ensuring convenient access for customers and employees. Built in 1968 and renovated in 1989, the property benefits from a brand-new roof installed in 2023, enhancing its longevity and reducing maintenance concerns. The property includes a convenient exterior truck dock, ideal for efficient loading and unloading. The zoning is C-UL Union Lake Business, allowing for a variety of commercial uses. Annual CAM fees are $6,000, and insurance costs are $3,600. Utilities are provided by municipal water and sanitary sewer. This property is situated in Oakland County, Michigan, with the precise address being 7150 Cooley Lake Rd, Waterford Township, MI 48327 (42.6163203, -83.4263606). Its prime location and features make it an attractive option for businesses seeking a well-maintained and strategically positioned retail space.

Highlights

  • Excellent visibility.
  • Ample parking with easy ingress/egress.
  • New roof installed in 2023.
  • Exterior truck dock.
  • Annual CAM fees: $6,000; Annual insurance: $3,600.
  • Municipal water and sewer utilities.

Property Details for 7150 Cooley Lake Rd

Property type
Retail properties
Square Feet
12,510 SF
Class
B
Year Built/Renovated
1968/1989
Stories
1

Location Insight

City
Waterford Township
County
Oakland
State
Michigan
Latitude
42.6163203
Longitude
-83.4263606
7150 Cooley Lake Rd, Waterford Township, Michigan

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7150 Cooley Lake Rd
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