1156 Huron StWaterford, MI 48328

Property Details for 1156 Huron St

Year built

1995

Lot size

0.37 AC

Property size (Sq ft)

10,733 SF

Zone code

BI

Property type

Drug stores

APN

W -13-25-451-035

APU

W1325451035

Description

This exceptional 10,922 square foot retail space is available for lease at 1156 W Huron St, Waterford, MI 48328. Located in Oakland County, this single-tenant building boasts a prime location with excellent visibility and accessibility. Built in 1995, the property features a single story design and ample parking with 58 spaces available. The building is zoned C-2 Small Business, offering a wide range of potential uses. The entire 10,922 square feet is currently vacant, presenting a unique opportunity for a business seeking a substantial and adaptable space. The property's address is 1156 W Huron St, with a cross street of Lynn. Its convenient location and substantial size make it an ideal space for a variety of retail businesses. The property's APN is 1325451035. This is a rare opportunity to secure a significant retail presence in a thriving Waterford community. The building's single-story design offers ease of access and efficient use of space. The ample parking ensures convenient access for customers and employees. The C-2 zoning provides flexibility for a range of business types. Don't miss this chance to establish your business in this highly visible and accessible location.

• CAP approach

  CAP return

  Valuation

  6%

  $2,700,920

  6.5%

  $2,493,156

  7%

  $2,315,074

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,529,991

  Geo Method

  $2,529,991

• Alternative Use

  Use

  Valuation

  Residential

  $2,103,071

  Hospitality

  $1,926,402

  Educational

  $1,602,743

  Medical

  $1,657,864

  Retail

  $2,493,156

Location Insight

City

Waterford

County

Oakland

State

Michigan

Latitude

42.6353

Longitude

-83.3353

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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