For Sale
$1,275,000

2805 Pontiac Lk Rd Waterford Twp, MI 48328

15,770 SF Office Building, Value-Add Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional two-story, 15,770 square foot office building presents a compelling value-add investment or owner-user opportunity in Waterford Township, Oakland County, Michigan. Located at 2805 Pontiac Lake Road, 48328, this Class B property sits on a generous 1.98-acre lot, offering significant potential for future expansion. Built in 1999, the building features four units and boasts unique amenities including heated sidewalks and a 1,471 square foot garage with generator backup for the IT room. The interior showcases attractive features such as cool vaulted ceilings and hardwood floors. The asking price is $1,275,000, translating to $80.85 per square foot – a price point significantly below replacement cost. The property's zoning is Office O-1. Its prime location near the Oakland County Circuit Court makes it particularly attractive to law firms and businesses frequently interacting with county offices. The substantial lot size provides ample room for future building expansion or increased parking. This fee-simple ownership opportunity offers a rare combination of attractive features, excellent location, and significant upside potential.

Highlights

  • Exceptional value-add opportunity or owner-user building in Waterford Township, Oakland County, MI.
  • Prime location near Oakland County Circuit Court, ideal for law firms.
  • Offered at $1,275,000, or $80.85/SF, significantly below replacement cost.
  • Large 1.98-acre lot allows for future building expansion and/or increased parking.

Property Details for 2805 Pontiac Lk Rd

Property type
Office properties
Square Feet
15,770 SF
Class
B
Year Built
1999
Buildings
1
Stories
2
Lot Size (sq. ft)
86,249 SF
Units
4

Location Insight

City
Waterford Twp
County
Oakland
State
Michigan
Latitude
42.6536479
Longitude
-83.3430837
2805 Pontiac Lk Rd, Waterford Twp, Michigan

FAQs

What type of property is this?
Office property - 15,770 SF Office Building, Value-Add Opportunity
Where is the office property located?
The property is located at 2805 Pontiac Lk Rd Waterford Twp, MI.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: Exceptional value-add opportunity or owner-user building in Waterford Township, Oakland County, MI.; Prime location near Oakland County Circuit Court, ideal for law firms.; Offered at $1,275,000, or $80.85/SF, significantly below replacement cost.
How can I contact the broker?
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2805 Pontiac Lk Rd
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