This Retail Property is no longer advertised on LoopNet.com.

4140-4190 Elizabeth Lake Rd
Waterford, MI 48328
Fountain Plaza Center · Retail Property For Sale

Investment Highlights

  • Fully occupied (3 tenant) 9,600 SF Retail Strip Center.
  • Outstanding Location - Dense Residential w/ 23,300+ Cars Per Day.
  • All Tenants Are Open to Potential Lease Agreements/Extensions.
  • Long-Term Tenants at Under Market Rents - Value Add Opportunity.
  • Coin Laundry (1 year left) + Cosmetology & Yoga Monthto-Month.
  • Financials Available Upon Request - Buyer Can Create Cap Rate.

Property Facts

Property Type
Retail
Property Subtype
Storefront
Building Size
9,600 SF
Building Class
B
Year Built
1982
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
1.21 AC
Zoning
BI - Neighborhood Business District
Parking
55 Spaces (5.73 Spaces per 1,000 SF Leased)
Frontage
165’ on Elizabeth Lake Rd

Amenities

  • Corner Lot
  • Pylon Sign
  • Signage

Property Taxes

Property Taxes

Parcel Number
13-27-251-046
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$490,590
  • Listing ID: 24917866

  • Date on Market: 1/26/2022

  • Last Updated:

  • Address: 4140-4190 Elizabeth Lake Rd, Waterford, MI 48328

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