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2850 Dixie Hwy
Waterford, MI 48328
Office Property For Sale
Executive Summary
Multi-tenant office building located on Dixie Hwy, between Telegraph and Scott Lake Rd. Building is well-maintained and has recent capital improvements that include: Roof (2023), Parking lot (2026), and interior finishes (2023). Building will be delivered 54% occupied, with an opportunity for a buyer to lease out or occupy up to two units.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
4,920 SF
Building Class
C
Year Built
1986
Price
$700,000
Price Per SF
$142.28
Cap Rate
6.42%
NOI
$44,911
Percent Leased
54%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,920 SF
Building FAR
0.25
Lot Size
0.45 AC
Zoning
Office
Parking
21 Spaces (4.27 Spaces per 1,000 SF Leased)
Amenities
- Signage
Property Taxes
| Parcel Number | 13-13-102-016 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $243,250 |
Property Taxes
Parcel Number
13-13-102-016
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$243,250
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