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7981 Elizabeth Lake Rd
Waterford, MI 48327
Retail Property For Sale
Investment Highlights
- over 40,000 vehicles count per day. See report attached
- Room for further growth and profits by adding liquor and multi-tenant's plaza
Property Facts
Property Type
Retail
Property Subtype
Convenience Store
Building Size
3,000 SF
Building Class
C
Year Built
1996
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.41 AC
Zoning
BI - Possible rezone to a multi-tenant plaza with gas station
Parking
5 Spaces (1.67 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
About 7981 ELIZABETH LAKE RD , WATERFORD, MI 48327
Profitable Sunoco Gas Station with 8 pumps in high traffic area of Oakland County. Includes Convenience Store with Beer & Wine and Michigan Lottery & Lotto. All Lights (interior & exterior) were converted to LED to save electricity costs. Deal includes a vacant land adjacent to the gas station. Great area near lakes and a new upcoming subdivision. Room for further growth and profits. Reasonable station hours of operation. Store Gross sale per month $45,000. Gas sale per month 50,000 Gallons. Sunoco contracts ends in 2024 with eligible $150,000 worth of upgrade. Approved for liquor license.
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $233,210 |
Property Taxes
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$233,210
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