4140-4190 Elizabeth Lake Rd | Waterford, MI 48328
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
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.
Executive Summary
9,600 SF Strip Center with under market Tenants. Tenants are month to month, which allows potential Buyer to make
a cap that works for them. 4 separate Tenant basements(approximately 4,800 SF) in addition to the 9,600 SF.
a cap that works for them. 4 separate Tenant basements(approximately 4,800 SF) in addition to the 9,600 SF.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
9,600 SF
Building Class
B
Year Built
1982
Price
$1,436,220 CAD
Price Per SF
$150 CAD
Percent Leased
100%
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
Amenities
- Corner Lot
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 13-27-251-046 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $700,575 CAD |
PROPERTY TAXES
Parcel Number
13-27-251-046
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$700,575 CAD
1 of 6
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
