Recently Listed Foreclosure 850 Ladd Road
Commerce Charter Township, MI, 48390 $ 2,600,000
Bedrooms-- Baths-- Sq 32,028 Monthly Estimate*
$ 16,417
Commercial Property for sale in Commerce Charter Township, MI
for $2,600,000. This 32,028 square foot building was built in 1957 on a lot size of 3.03.
Freestanding industrial/cannabis warehouse for sale, suitable for a variety of industrial owner/users or investors. Zoned I-1 Light Industrial, the property permits a broad range of industrial, manufacturing, warehousing, distribution, contractor, cannabis, and related commercial uses within the established industrial corridor. Formerly utilized as a cannabis Processing facility in approximately 10,000 SF of the building and with approximately 22,000 SF as vacant warehouse. The building offers 12-foot ceiling heights within the former Processing area and approximately 18–19-foot ceiling heights within the warehouse area. The roof has been partially replaced for the former Processing space, with additional roof improvements anticipated by future ownership in the remaining warehouse space. There is also substantial existing electrical and mechanical infrastructure, including 20-tons of HVAC. The warehouse portion of the building is serviced by multiple overhead doors to support shipping, receiving, storage, and day-to-day operational requirements. Ability for outdoor storage capabilities, fleet parking potential, ample truck circulation, and has 107 on-site parking spaces. Conveniently positioned within Oakland County with direct access to M-5, I-96, and I-275 freeways, providing connectivity to Novi, Wixom, Commerce Township, and the greater Southeast Michigan market.
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Commercial ActiveCommerce Charter Township
FeaturesGeneralSewer PublicSewer
Possession AtClose
Garage Spaces 0.0
Construction Materials Block MetalSiding
Year Built 1957
Property Subtype RealEstateOnly
Current Use Warehouse
Business Type Industrial Other
County Oakland
Net Operating Income 0.0
Operating Expense 0.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Garage Y/N N
Status Active
Directions The property is located on Ladd Road in Walled Lake Michigan just west of the Ladd Rd & Maple Rd / M-5 interchange corridor providing direct access to M-5 I-96 and I-275.
City CommerceCharterTownship_Oakland
Senior Community Y/N N
High School District WalledLake
Zoning Description LightIndustry
MLS Area Area02171CommerceTwp
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 0.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Vacant
Tax Assessed Value 0
Expected Active Date 2026-06-17
Legal Description T2N R8E SEC 34 PART OF E 1/2 OF NW 1/4 BEG AT PT DIST S 89-42-53 W 1313.08 FT & N 00-01-35 W 1184.98 FT FROM CEN OF SEC TH N 00-01-35 W 169.09 FT TH N 78-24-30 E 560.52 FT TH S 25-10-50 W 297.24
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ExteriorWater Source Public
Foundation Details Slab
Spa N
Building Area Total 32028.0
Lot Dimensions Irregular
Lot Size Acres 3.03
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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InteriorBasement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Above Grade Finished Area 32028.0
Above Grade Finished Area Unit Type SquareFeet
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* Excluded FeaturesList ByCorbin YaldooListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $16,417
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbyCommerical listings in Walled Lake, MI
Average List Price $183,730
Percent of Sale Price 93%
About Walled Lake, MI 7,312 Population
15% Since 2002
$ 50,456 Median Income
41.56 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
4909486 Elementary School
4909765 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/18/2026 | $2,600,000 | | Listed Price |