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27891474
27891482

2561 Elizabeth Lake Road, Waterford, MI 48328

RL
MI 6506022838
@Properties
Listed by @Properties
$450,000
239 days on market
Updated 50 days ago

2561 Elizabeth Lake Road

Details
APN 13-25-328-011
Property Type Office
Sub Type Traditional Office, Executive Office
Square Footage 2,500
Net Rentable (SqFt) 2,500
Units 1
Occupancy 100%
Price per SqFt $180
Broker Co-Op Yes
Class B
Year Built 1962
Buildings 1
Acreage 1.900
Zoning B1
Investment Type Owner/User
Ownership LLC

Office | 2,500 SqFt

Marketing description

Positioned along the busy Elizabeth Lake Road corridor, this established medical office offers exceptional visibility and convenience in the heart of Waterford Township. Home to an active pediatric practice, the property is already configured for medical use—featuring multiple exam rooms, a welcoming reception area with separate sick and well sides, dedicated lab space, and a full basement that includes a staff break room and ample storage. The existing layout supports a seamless transition for a variety of medical or wellness practices, minimizing downtime and build-out costs. While new owners may wish to make cosmetic updates, the building is fully functional and ready for occupancy. Situated on a generous parcel with additional acreage, the property also presents attractive options for future expansion or development. Its prominent location near retail, residential neighborhoods, and major thoroughfares ensures steady traffic and long-term growth potential. More photos coming.

Investment highlights

Based on surrounding market rents, this building is priced at an attractive cap rate of 10.5%. There is more than ample parking for medical use, and the additional acreage provides for expansion or future development.

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Listing Contacts

RL
MI 6506022838
@Properties
Listed by @Properties

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Zoning

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O-1 CommercialOfficeLocal Office
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Last updated Feb 20, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Robert Lawrence
License
6506022838
Brokerage
@properties Christie's International Real Estate
Brokerage Phone
2488508632
Title
Associate Broker
Brokerage Address
400 South Old Woodward Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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