4904 ELIZABETH LAKE Waterford Township, MI 48327

$1,700,000
4904 ELIZABETH LAKE, Waterford Township, MI 48327
Call 1-800-839-1363
218031317

Commercial Property for sale in Waterford Township, MI

for $1,700,000. This 3,627 square foot building was built in 1971 on a lot size of 0.71 Acre(s).

Property Information

  • $1,700,000
  • Commercial
  • 3,627 Square Feet
  • Taxes are $9,988
  • Business
  • Active
  • Lot size of 0.71 Acre(s)
  • Built in 1971
  • Waterford Township, MI
  • Oakland County
  • MLS/Web ID is 218031317
  • Just Listed

Description

HIGH VOLUME CASH FLOW BUSINESS INCLUDING REAL ESTATE WITH LOTTERY, LIQUOR AND FOOD. A FAVORITE NIGHT SPOT FOR MUSIC AND ENTERTAINMENT EVERY WEEKEND. NEARLY 3/4 ACRE OF PROPERTY AND 93 FT OF LAKE FRONTAGE ON CRESCENT LAKE OFFER ROOM FOR ADDITIONAL POSSIBILITIES. NEARLY 3/4 ACRE OF PROPERTY AND ADDITIONAL PARKING AVAILABLE ON ADJACENT LEASED PROPERTY. PROJECTED REVENUES FOR 2018 EXCEED 750K. GREAT TURN KEY BUSINESS OPPORTUNITY. INCOME AND EXPENSE FIGURES BASED ON CURRENT EXPENSES AND PROJECTED REVENUE. PROPERTY INCLUDES 4 PARCELS: 13-27-109-005; 13-27-109-004; 13-27-106-005; 13-27-106-006. Current Use: BAR RESTURANT, Business Type: Retail, Licenses: Beer & Wine, Liquor, Lottery, Lotto Terminal, Lot Dimensions: IRREGULAR

Interior 3

Heating Source

  • Energy package
  • Natural Gas

Heating System

  • Hot Water Heater: Gas

Water Source

  • Municipal

Exterior 6

Construction

  • Brick
  • Vinyl
  • Wood

Foundation

  • Brick
  • Slab

Road Frontage

  • Paved

Roof

  • Rubber

Waterfront Description

  • Waterfront Property

Zoning

  • Commercial

Miscellaneous 3

Acceptable Finance

  • Cash
  • Conventional

Commercial

  • 230 Volts
  • Cat V Wiring
  • Security System / Alarm
  • Sprinkler System

Location

  • Near Airport

† Excluded Feature

Additional Info

<p><img src="https://images.weichert.com/mlslogoimages/rc_sml.gif" style="float:left;" alt=""/> Provided through IDX through Realcomp II Ltd. Courtesy of WEICHERT, REALTORS®” “Copyright 2014 Realcomp II Ltd. Shareholders</p> <p>&copy; 2018 Realcomp Ltd. All rights reserved.</p>

Neighborhood & Schools

School District: Waterford

 See complete school information

Listed By

Listing Agent: Randy Wilcox
Broker: KW SHOWCASE REALTY

4904 ELIZABETH LAKE , Waterford Township, MI, 48327 is a Commercial Property for sale at $1,700,000 with 3,627 sqft and a lot size of 0.71 Acre(s). 4904 ELIZABETH LAKE has 0.0 baths and was built in 1971. The property's zip code is 48327 which is in Waterford Township, MI

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Market Pricing

Average % of sale price Median % of sale price
All listings in Waterford Township $464,358 73 % below $275,000 84 % below
Commerical listings in Waterford Township $604,444 64 % below $349,900 79 % below

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