4443 Dixie HwyWaterford Township, MI 48329

  • Specialty properties
  • 14,852 SF
For Sale
$1,350,000 View listing

Property Details for 4443 Dixie Hwy

Year built
1946
Lot size
2.00 AC
Property size (Sq ft)
14,852 SF
Zone code
II
Property type
Specialty properties
APN
W -13-10-181-008
APU
W1310181008

Description

This exceptional investment opportunity presents a 13,763-square-foot retail property situated on a prominent 3.23-acre lot at 4443 Dixie Highway in Waterford Township, Michigan (zip code 48329). Previously operating as a bowling alley, this clear-span building offers significant potential for redevelopment or repurposing. The property boasts an impressive 300 feet of frontage on Dixie Highway, ensuring high visibility and accessibility for potential tenants. Ample parking is available, catering to the needs of both customers and employees. The asking price for this strategically located retail center is $1,350,000. Its location in Oakland County, Michigan, provides access to a robust consumer base and strong infrastructure. The property's size and location make it an ideal candidate for a variety of retail uses, offering a unique opportunity for investors seeking a high-impact commercial investment in a thriving Michigan market. The substantial square footage and expansive lot size provide flexibility for future development and expansion. This is a rare chance to acquire a well-positioned property with significant upside potential.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,910,166
    Hospitality
    $2,665,696
    Educational
    $2,217,828
    Medical
    $2,294,102
    Retail
    $3,449,954
4443 Dixie Hwy, Waterford Township, Michigan

Location Insight

City
Waterford
County
Oakland
State
Michigan
Latitude
42.683
Longitude
-83.3774
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$19,805
-
-
$437,450
-
-
-
$874,900

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