5900 Highland Road Waterford, MI $ 4,700,000
5900 Highland Road
$ 4,700,000
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5900 Highland Road

Waterford, MI, 48327
$ 4,700,000
Bedrooms-- Baths4.0

Monthly Estimate*

$ 29,322

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Commercial Property for sale in Waterford, MI

for $4,700,000 with 4 full baths. This building was built in 1993 on a lot size of 7.28.

Lasco Real Estate Group is pleased to present the exclusive listing at 5900 Highland Road, Waterford, Mi 48327, offered at $4,800,000.00. Built in 1972 and fully renovated in 2023, this property is comprised of 49,434 square feet of building space and sits on just under 7.5 acres of land. The front portion has been used in the past for automotive dealership sales, but would also be ideal for any business requiring retail store frontage or clients services, with private offices for management as well. This property is partially leased, just under 20%, through 6/30/29. Owners would consider a NNN Lease in lieu of a fee simple sale as well. This Property consists of two parcels - 1316352020 (6.359ac) & 1316352029 (.918ac)

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Commercial Active

Price

$ 4,700,000

Full Bath

4

Property Type

Commercial

Taxes

$ 64,968

Style

Retail

Lot Size

7.28

Year Built

1993

Town/City

Waterford

County/Region

Oakland

MLS | Web ID

24058004

Features
General
Heating Forced Air Radiant
Cooling Central Air
Utilities Phone Connected Natural Gas Connected Electricity Connected Cable Connected
Roof Rubber
Construction Materials Block Brick Metal Siding
Year Built 1993
Township Acme Twp
Property Subtype Retail
Tax Year 2024
Ownership Private Owned
Business Type Other Auto Service Retail
County Oakland
New Construction N
Property Type Commercial Sale
Building Features Multi User Facility
Full Baths 4
Status Active
Directions Please Enter Address In Navigational Tools Available.
City Waterford
High School District Waterford
Zoning Description B1
Number Of Units Total 1
MLS Area Oakland County - 70
Lot Size Units Acres
Lot Size Square Feet 317117.0
Listing Terms Conventional Cash
Land Lease Y/N N
Tax Annual Amount 64968.0
Lease Renewal Y/N N
MLS Area Minor Oakland County - 70
Additional Parcels Y/N N
Lease Considered Y/N Y
Rent Control Y/N N
Standard Status Active
Occupancy Type Owner
Tax Assessed Value 1651370
Ownership Type LLC
Legal Description T3N R9E SEC 16 PART OF SW 1/4 BEG AT PT DIST E 233 FT FROM SW SEC COR TH E 397.75 FT TH N 00-13-00 E 790 FT TH...
Senior Community None
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Exterior
Total Parking 1500.0
Inclusions Real Estate
Lot Size Area 7.28
Foundation Details Slab
Number of Buildings 5
Spa N
Building Area Total 49434.0
Lot Dimensions 396X731X367X496X199X60X173X175
Lot Size Acres 7.28
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 1
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 4
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Internal Only
Street Number 1 5900
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* Excluded Features
List By
Lasco Real Estate Group

Broker

Jen@lascorealestategroup.com

Email

Affordability Calculator

$34,736
Per Month
84%
16%
0%
Monthly Principal & Interest
$29,322
Monthly Property Taxes
$5,414
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3932767 Elementary School
3932764 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/18/2025$4,700,000 -2.08% Price Down
11/6/2024$4,800,000 Listed Price

Map


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5900 Highland Road, Waterford, MI, 48327 is a Commercial Property for sale at $4,700,000 with a lot size of 7.28. 5900 Highland Road has 4.0 baths and was built in 1993. The property's zip code is 48327 which is in Waterford, MI