Car Dealership/ Retail
5900 Highland Rd Waterford, MI 48327
Overview
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 with (2) five-year extension options available. The lease of the body shop portion of the building is transferrable to the new owner.
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)
For Sale
Secondary Uses: Service Station/Gas Station
- Sale Price
- $4,700,000
- Price Per SF
- $95.1/SF
- Building Size
- 49,434 SF
- Acres
- 7.28 ac
- Zoning
- C-4
- Sale Terms
- cash, financing
- Signage
- On Building and Monument
- Showing Instructions
- Contact Broker
- Building Class
- C
- Number of Buildings
- 5
- Floors
- 1
- Year Built
- 1993
- Year Renovated
- 2023
- Construction Type
- Steel
- Parking Spaces
- 1500
- Rentable SF
- 49,434
- Submarket
- Lakes Area
- Nearest MSA
- Detroit-Warren-Dearborn
- Property Status
- Existing
- County
- Oakland
- Available
- 2024-11-01
- Created
- 2024-11-05
- Updated
- 2025-03-19
- Listing ID
- b24aa1ba
- Parcel APN
- 1316352020