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

Current Price: $4,700,000 List Date: 9/04/2025 Last Modified: 9/04/2025

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 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 Seller's 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: September - 04 - 2025

5900 Highland Road, Waterford, MI 48327- MLS# 24058004

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