Improved Mixed-Use Land for Sale in Waterford, Michigan
5900 Highland Rd, Waterford, MI 48327
Lasco Real Estate Group is pleased to present the exclusive listing at 5900 Highland Road, Waterford, Mi 48327, offered at $4,800,000.00. Built in 1972 and fully renovated in 2023, this property is comprised of 49,434 square feet of building space and sits on just under 7.5 acres of land. The front portion has been used in the past for automotive dealership sales, but would also be ideal for any business requiring retail store frontage or clients services, with private offices for management as well. This property is partially leased, just under 20%, through 6/30/29. Owners would consider a NNN Lease in lieu of a fee simple sale as well. This Property consists of two parcels - (6.359ac) & (.918ac)
Location
- Street address
- 5900 Highland Rd
- County
- Oakland County
- School district
- Waterford
- Elevation
- 968 feet
Directions
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Property details
- Acreage
- 7.28 acres
- MLS #
- MichRIC 24058004
- Posted
Property taxes
- 2024
- $64,968
Parcels
- 13-16-352-020
Legal description
T3N, R9E, SEC 16 PART OF SW 1/4 BEG AT PT DIST E 233 FT FROM SW SEC COR, TH E 397.75 FT, TH N 00-13-00 E 790 FT, TH...
Details and features
Listing
- Type
- Residential
- Subtype
- Retail
Exterior
- Parking Spaces
- 1500
Structure
- Stories
- 1
- Heating
- Forced Air, Radiant
- Cooling
- Central Air
- Materials
- Block, Brick, Metal Siding
- Roof
- Rubber
Interior
- Rooms
- Bathroom x 4
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Sept 4, 2025 | Back on market | $4,700,000 | — | MichRIC |
| May 6, 2025 | Under contract | $4,700,000 | — | MichRIC |
| Feb 18, 2025 | Price drop | $4,700,000 | $100,000 -2.1% | MichRIC |
| Nov 6, 2024 | New listing | $4,800,000 | — | MichRIC |