509 Elizabeth Lake Road Waterford, MI ^$ 218,000

509 Elizabeth Lake Road

^$ 218,000

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509 Elizabeth Lake Road

Waterford, MI, 48328

^$ 218,000

Bedrooms-- Baths-- Sq 2,010

Monthly Estimate*

^$ 1,342

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Commercial Property for sale in Waterford, MI

for $218,000. This 2,010 square foot building was built on a lot size of 0.12.

Just Renovated Commercial Building. Prime Location Move-in ready commercial office building located on busy Elizabeth Lake Rd., just west of Telegraph, directly across from the former Summit Place Mall redevelopment site. Excellent visibility and high traffic area. Ideal for small retail, hair salon, law office, counseling center, medical or professional use. Conveniently located within one mile of Oakland Schools and the Oakland County Courthouse. Features include updated interior and a finished basement for additional office or storage space. Great opportunity in a growing corridor with ongoing redevelopment nearby.

Commercial Coming Soon

Price

^$ 218,000

Property Type

Commercial

Taxes

^$ 2,127

Style

Commercial/Industrial

Lot Size

0.12

Town/City

Waterford

County/Region

Oakland

MLS | Web ID

60980574

Features

General

Possession At Close

Water Public Water

Status Active Coming Soon

Year Built 19

County Oakland

Class COM/IND/BUS OPP

Type Commercial/Industrial

Ownership Private

Municipality Waterford Twp

Zoning Professional Office Commercial

Subdivision MI

Sale/Rent For Sale

Status Detail 4

Area Waterford Twp (63131)

Primary City Waterford

Directions W of Telegraph Rd E of Summit Dr N of Huron St

City Waterford

Financial Terms Cash Conventional

Legal Description T3N R93 SEC 25 LEFFEL'S SUB LOT 25

DOM 1

Postal Code 48328

Price Per Sq Ft Total AG 108.46

Public Remarks Just Renovated Commercial Building. Prime Location Move-in ready commercial office building located on busy Elizabeth Lake Rd. just west of Telegraph

Exterior

Exterior Vinyl Siding

Frontage 43

Lot Size Area 0.12

Lot Dimensions 43.34X117.5

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Sergio Taylor

Listing Agent

National Realty Centers, Inc

Broker

sergiotaylorrealtor@gmail.com

Affordability Calculator

$1,520

Per Month

Monthly Principal & Interest: $1,342
Monthly Property Taxes: $177
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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

Trends
Schools

Commerical listings in Waterford, MI

Average List Price ^$395,037

Percent of Sale Price 81%

About Waterford, MI

73,012 Population

0% Since 2002

^$0 Median Income

0 Median Age

31% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/2/2026	$218,000		Listed Price

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509 Elizabeth Lake Road, Waterford, MI, 48328 is a Commercial Property for sale at $218,000 with 2,010 sqft and a lot size of 0.12. The property's zip code is 48328 which is in Waterford, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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.

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

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509 Elizabeth Lake Road

Commercial Property for sale in Waterford, MI

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