5900 Highland Road, Waterford, MI 48327 (MLS# 24058004)
5900 Highland Road, Waterford, MI 48327
$4,700,000
Property Type:
Commercial Sale
Square Footage:
49,434
Lot Size (sq. ft.):
317,117
Status:
Active Backup
Current Price:
$4,700,000
List Date:
11/05/2024
Last Modified:
5/06/2025
Description
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)
More Information MLS# 24058004
Location Property Info
County: Oakland
Street #: 5900
Street Name: Highland
Suffix: Road
State: MI
Zip Code: 48327
Area: Oakland County - 70
OfficeContract Info
Status: Active Backup
Current Price: $4,700,000
List Price: $4,700,000
Listing Date: 2024-11-01
General Property Info
New Construction: No
Lot Measurement: Acres
Lot Acres: 7.28
Lot Square Footage: 317117
Lot Dimensions: 396X731X367X496X199X60X173X175
Year Built: 1993
Road Frontage: 397
Mineral Rights: Unknown
Year Remodeled: 2023
Total # Units: 1
# Fin Bldg Lvls: 1
Total # Bldgs: 5
Total SqFt: 49434
Property Use Type: Business
Full Baths: 4
Waterfront: No
School District: Waterford
Tax Info
Tax ID #: 13-16-352-020
Taxable Value: 1651370
SEV: 2090890
For Tax Year: 2024
Annual Property Tax: 64968
Tax Year: 2024
Zoning: B1
Remarks Misc
Directions: Please Enter Address In Navigational Tools Available.
Additional Details
Total Parking Spaces: 1500
Property Features
Property Use: Business; Investment; Vacant/Owner-User
Uses: Auto Service; Retail; Other
Ownership: LLC
Business Includes: Real Estate
Construction Type: Block; Steel
Exterior Material: Block; Brick; Metal Siding
Roofing: Rubber; Other
Foundation: Slab
Below Grade: None
Additional Features: Multi User Facility
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected
Util Avail at St: None
Heat Source: Natural Gas
Heat Type: Forced Air; Radiant
Air Conditioning: Central Air
Driveway: Asphalt; Paved
Street Type: Public
Purchase Terms Avail: Cash; Conventional
Docs at List Office: Survey
Sale Conditions: None
Listing Office: Lasco Real Estate Group
Listing Agent: Jennifer Lasco
Last Updated: May - 06 - 2025
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