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513 N Telegraph Rd
Waterford, MI 48328
Summit Place · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Redevelopment Potential: Ideal for ground-up projects tailored to tenant needs.
- Ample Land Area: Significant room for parking or outdoor features
- Versatile Use: Suitable for restaurants, retail, or other service-oriented businesses.
- High Traffic Area: Exceptional exposure to a steady stream of motorists on Telegraph Road.
- Strategic Access: Convenient ingress and egress points for ease of traffic flow.
EXECUTIVE SUMMARY
Prime Location: High-visibility frontage along Telegraph Road in Waterford, Michigan. 3.38-acre site with flexible development opportunities. Existing 6,500-square-foot freestanding building suitable for repurposing or redevelopment. Landlord willing to Build to Suit Tenant Needs
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,500 SF
Building Class
C
Year Built
1996
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
3.38 AC
Opportunity Zone
Yes
Zoning
B1
Parking
125 Spaces (19.23 Spaces per 1,000 SF Leased)
Frontage
336’ on Telegraph Rd
PROPERTY TAXES
| Parcel Number | 13-24-477-003 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $472,460 |
PROPERTY TAXES
Parcel Number
13-24-477-003
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$472,460
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