5900 Highland Road, Waterford, MI 48327

$4,600,000
Property Type: Commercial Sale Square Footage: 49,434 Lot Size (sq. ft.): 317,117 Status: Active
Current Price: $4,600,000 List Date: 9/04/2025 Last Modified: 1/05/2026

Overview

Description

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 - 1316352020 (6.359ac) & 1316352029 (.918ac)

Listing Details MLS# 24058004

Location Property Info

County
Oakland
Street #
5900
Street Name
Highland
Suffix
Road
State
MI
Zip Code
48327

General Property Info

New Construction
No
Lot Measurement
Acres
Lot Acres
7.28
Lot Square Footage
317117
Lot Dimensions
396X731X367X496X199X60X173X175
Year Built
1993
Road Frontage
397
Mineral Rights
Unknown
Year Remodeled
2023
Total # Units
Yes
# Fin Bldg Lvls
Yes
Total # Bldgs
5
Total SqFt
49434
Property Use Type
Business
Full Baths
4
Waterfront
No
School District
Waterford

Tax Info

Tax ID #
13-16-352-020
Taxable Value
1651370
SEV
2090890
For Tax Year
2024
Seller's Annual Property Tax
64968
Tax Year
2024
Zoning
B1
Homestead %
0
Spec Assessment & Type
No

Remarks Misc

Directions
Please Enter Address In Navigational Tools Available.

Additional Details

Total Parking Spaces
1500

More Information

Location & Property Info

Cross Streets
Airport Rd and Highland Rd
Property Sub-Type
Retail
Area
Oakland County - 70
Municipality
Acme Twp
Ownership Type
Private Owned

Office/Contract Info

Auction or For Sale
For Sale
List Price/SqFt
93.05
Prop Avail for Lease?
Yes
Current Bldg Use
Automobile Dealership

Remarks & Misc

Public Remarks
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 - 1316352020 (6.359ac) & 1316352029 (.918ac)
Legal
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...

Street Type

Public
Yes

Property Use

Business
Yes
Investment
Yes
Vacant/Owner-User
Yes

Utilities Attached

Cable Connected
Yes
Electricity Connected
Yes
Natural Gas Connected
Yes
Phone Connected
Yes

Sewer

Public Sewer
Yes

Water

Public Water
Yes

Uses

Auto Service
Yes
Retail
Yes
Other
Yes

Construction Type

Block
Yes
Steel
Yes

Exterior Material

Block
Yes
Brick
Yes
Metal Siding
Yes

Roofing

Rubber
Yes
Other
Yes

Heat Source

Natural Gas
Yes

Sale Conditions

None
Yes

Ownership

LLC
Yes

Below Grade

None
Yes

Heat Type

Forced Air
Yes
Radiant
Yes

Air Conditioning

Central Air
Yes

Docs at List Office

Survey
Yes

Business Includes

Real Estate
Yes

Additional Features

Multi User Facility
Yes

Foundation

Slab
Yes

Util Avail at St

None
Yes

Driveway

Asphalt
Yes
Paved
Yes

Purchase Terms Avail

Cash
Yes
Conventional
Yes

Property Features

Property Use: Business; Investment; Vacant/Owner-User Uses: Auto Service; Retail; Other Ownership: LLC Business Includes: Real Estate Construction Type: Block; Steel Exterior Material: Block; Brick; Metal Siding Roofing: Rubber; Other Foundation: Slab Below Grade: None Additional Features: Multi User Facility Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected Util Avail at St: None Heat Source: Natural Gas Heat Type: Forced Air; Radiant Air Conditioning: Central Air Driveway: Asphalt; Paved Street Type: Public Purchase Terms Avail: Cash; Conventional Docs at List Office: Survey Sale Conditions: None
Listing Office: Lasco Real Estate Group
Listing Agent: Jennifer Lasco
IDX
Last Updated: January - 05 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.