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Listed price in listed location currency (USD).
$218,000

000

MLS® 20251060339

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size 2010 sqft
Garage No
Maintenance Fees 
Taxes $2,127
Days Active 1
Approx. Age 1926
Avg. Price Per Sqft $108
MLS® Number 20251060339

Property Address: 509 Elizabeth Lake Rd, Waterford, MI, 48328-3304

Average square foot calculated using Size range provided by listing agent.

Description

Completely renovated and ready for a new business, this commercial office building is located along high-traffic Elizabeth Lake Road, just west of Telegraph and directly across from the former Summit Place Mall redevelopment area. The property offers strong visibility and accessibility and is well suited for professional and service-based uses such as law offices, counseling or therapy practices, medical or insurance offices, salons, small retail, and professional services. The building includes multiple private offices across three levels, allowing for owner-occupancy or multi-tenant use. Features include a welcoming main-floor lobby, office/kitchen area, 1 full and 2 half bathrooms for staff and client convenience. Ideally located within one mile of Oakland Schools, the Oakland County Courthouse, and numerous restaurants and amenities. Continued redevelopment in the area adds long-term value for both users and investors.
MLS® Number20251060339
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1926
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 17, 2025List Date
$218,000List Price
Mar 3, 2025End Date
$180,000Sold Price

Sold

Oct 9, 2024List Date
$184,900List Price
  • Commute

Commute

Starting Address
Destination Address
509 Elizabeth Lake Rd, Waterford, MI

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