Waterford, MI Commercial Real Estate for Lease and Sale

Explore 41 listings of Waterford commercial real estate to find the best space for your business.

Lakeview Plaza

5550 - 5578 Cooley Lake Rd, Waterford, Waterford Township, MI
Property

Retail

11,097 SF
Availability

3 Spaces

5,200 SF
Year Built

1977
For Lease

$15.00 - $15.75/SF/YR
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For Sale or Lease | Oakland County Business Center

327 N Telegraph | Waterford Twp, Waterford, Waterford Township, MI
Property

Industrial
Availability

1 Space

69.75 Acre
For Lease Contact for pricing
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7890 Highland Rd

7890 Highland Rd, Waterford, MI
Property

Retail

4,998 SF
For Sale

$1,600,000
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Waterford Town Square

2455 Elizabeth Lake Rd, Waterford, MI
Property

Retail

26,663 SF
Availability Contact for availability
Year Built

1969
For Lease Contact for pricing
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What type of listing property are you looking for?

Office Coworking Retail Industrial

Office Retail Industrial Land
4147 Darling Ct

4147 Darling, Waterford, Waterford Township, MI
Property

Office

1,392 SF
Year Built

1991
For Sale Contact for pricing
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5100 Dixie Highway

5100 Dixie Highway, Waterford, Waterford Township, MI
Property

Retail

15,000 SF
Availability

1 Space

15,000 SF
For Lease

$9.00/SF/YR
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600 N. Telegraph

600 N. Telegraph, Waterford, Pontiac, MI
Property

Industrial

90,000 SF
Year Built

1985
For Sale Contact Listing Agent(s)
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M-59 & Fenton Road

M-59 & Fenton Road, Waterford, Waterford Township, MI
Property

Land

14.06 Acre
Availability Contact for availability

For Lease Contact for pricing
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4147 Darling Ct

4147 Darling, Waterford, Waterford Township, MI
Property

Office

1,310 SF
Availability

1 Space

1,392 SF
Year Built

1991
For Lease

$14.00/SF/YR
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4200 Highland Road

4200 Highland Road, Waterford, MI
Property

Retail

235,101 SF
Availability

1 Space

638 SF
Year Built

1984
For Lease Contact for pricing
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For Sale or Lease | Oakland County Business Center

327 N Telegraph | Waterford Twp, Waterford, Waterford Township, MI
Property

Industrial
For Sale Contact for pricing
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2060 Dixie Highway

2060 Dixie Highway, Waterford, Waterford Township, MI
Property

Retail

15,822 SF
Availability

1 Space

10,000 SF
Year Built

1996
For Lease

$16.00/SF/YR
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Former Credit Union One

3805 Highland Rd, Waterford, MI
Property

Office

8,248 SF
Availability

1 Space

8,248 SF
Year Built

1973
For Lease

$17.00/SF/YR
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7890 Highland Rd

7890 Highland Rd, Waterford, MI
Property

Retail

4,998 SF
Availability

1 Space

4,998 SF
For Lease

$1,250,000.00/YR
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Wine Captain Plaza

5384 Highland Road, Waterford, Waterford Township, MI
Property

Retail

6,254 SF
Availability

1 Space

3,000 SF
Year Built

1996
For Lease Contact for pricing
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Cedar Plaza

5302-5326 Highland Road, Waterford, Waterford Township, MI
Property

Retail

11,960 SF
Availability

1 Space

2,800 SF
Year Built

1987
For Lease

$16.00/SF/YR
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477 Elizabeth Lake Rd

477 Elizabeth Lake Rd, Waterford, Waterford Township, MI
Property

Retail

7,200 SF
Availability

3 Spaces

7,200 SF
For Lease Contact for pricing
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2060 Dixie Highway

2060 Dixie Highway, Waterford, Waterford Township, MI
Property

Retail

15,822 SF
Year Built

1996
For Sale

$1,400,000
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4443 Dixie Hwy

4443 Dixie Hwy, Waterford, Waterford Township, MI
Property

Retail

13,763 SF
For Sale

$1,350,000
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3560 Elizabeth Lake Rd

3560 Elizabeth Lake Rd, Waterford, MI
Property

Retail

2,670 SF
Availability

1 Space

2,670 SF
Year Built

1972
For Lease

$16.00/SF/YR
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Little House Academy

4430 Elizabeth Lake Rd, Waterford, Waterford Township, MI
Property

Retail

1,672 SF
Year Built

1954
For Sale

$319,000
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Colony Square

931-981 W. Huron St, Waterford, MI
Property

Retail

61,419 SF
Availability

2 Spaces

1,600 SF
For Lease

$14.00 - $16.00/SF/YR
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For Lease | Former CVS

1156 W Huron Street | Waterford Twp, Waterford, Waterford Township, MI
Property

Retail
Availability

1 Space

11,000 SF
For Lease Contact for pricing
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2709 Pontiac Lake Road
Warrior Workspace
2709 Pontiac Lake Road, Waterford Township, MI
Services

Open Workspace

Meeting Room

Private Office

Dedicated Desk
Amenities

Business address

Complimentary coffee & tea

Free water

High-speed wifi

Parking
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3166 Huron St W

3166 Huron St W, Waterford, Waterford Township, MI
Property

Office

4,331 SF
Year Built

1965
For Sale

$700,000
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4422 West Walton Boulevard
Shareable Spots
4422 West Walton Boulevard, Waterford Township, MI
Services

Virtual Office

Open Workspace

Event Space

Meeting Room

Private Office

Dedicated Desk
Amenities

A/V equipment

Cleaning services

Complimentary coffee & tea

Free water

Golf course/simulator

High-speed wifi

IT support

Kitchen

Podcast room

Printer
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North Summit Professional Building

2335 Pontiac Lake Rd, Waterford, MI
Property

Office

13,600 SF
Availability

2 Spaces

4,924 SF
Year Built

1972
For Lease

$14.00 - $16.00/SF/YR
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2180 Dixie Hwy

2180 Dixie Hwy, Waterford, MI
Property

Retail

4,510 SF
Year Built

2006
For Sale

$525,000
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Highland Row

5798-5832 Highland Rd, Waterford, Waterford Township, MI
Property

Retail

14,323 SF
Availability

2 Spaces

3,092 SF
Year Built

1988
For Lease

$14.50/SF/YR
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5733 Elizabeth Lake Road

5733 Elizabeth Lake Road, Waterford, MI
Property

Retail

6,000 SF
Availability

2 Spaces

2,000 SF
For Lease

$12.00/SF/YR
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Pine Tree Plaza

4176 Pontiac Lake Road, Waterford, Waterford Township, MI
Property

Retail

49,624 SF
Availability

10 Spaces

16,597 SF
Year Built

1988
For Lease Contact for pricing
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Waterford Towne Center - Grocery Anchored Neighborhood Center

5111 Highland Rd, Waterford, Waterford Township, MI
Property

Retail

96,101 SF
Availability

3 Spaces

7,331 SF
Year Built

1998
For Lease Contact for pricing
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Waterford - Retail Opportunity

4966 Highland Road, Waterford, Waterford Township, MI
Property

Retail

4,193 SF
Availability

1 Space

4,193 SF
For Lease Contact for pricing
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9 North Telegraph

9 North Telegraph, Waterford, Waterford Township, MI
Property

Retail

3,575 SF
For Sale

$500,000
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2415 Elizabeth Lake Rd

2415 Elizabeth Lake Rd, Waterford, MI
Property

Retail

8,850 SF
Availability

1 Space

1,000 SF
Year Built

1958
For Lease

$22.00/SF/YR
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Rebecca's Plaza

4966-4978 Highland Road, Waterford, Waterford Township, MI
Property

Retail

4,300 SF
Availability

1 Space

1,347 SF
For Lease Contact for pricing
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Former Bank w/ Drive-Thru | For Lease | 8, 248 SF | Waterford, MI

3805 Highland Rd, Waterford, Waterford Township, MI
Property

Retail
Availability

1 Space

8,248 SF
For Lease Contact for pricing
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Northway Plaza

5300 Dixie Hwy, Waterford, MI
Property

Retail

63,048 SF
Availability

3 Spaces

5,694 SF
Year Built

1989
For Lease

$12.95/SF/YR
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457-477 Elizabeth Lake Rd

457 Elizabeth Lake Rd, Waterford, MI
Property

Retail

1,200 SF
Year Built

1952
For Sale Contact for pricing
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1431 Airport Rd

1431 Airport Rd, Waterford, MI
Property

Retail

5,000 SF
Availability

1 Space

3,000 SF
Year Built

1980
For Lease

$17.00/SF/YR
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7559 Highland Road

7559 Highland Rd., Waterford, Waterford Township, MI
Property

Office

2,300 SF
Availability

1 Space

2,300 SF
Year Built

1960
For Lease

$18.25/SF/YR
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Waterford commercial real estate market incorporates 28,479 square feet of office space across 9 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Waterford commercial real estate market includes 700,163 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Waterford market, there is a total of 90,000 square feet of industrial property.

The listing inventory in Waterford incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Waterford is represented by Industrial space, which accounts for 3,038,310 square feet of available listings. Retail space available in Waterford adds up to 121,608 square feet.

Meanwhile, most of the listings of commercial property for sale in Waterford are in the Retail category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Waterford is $15.79 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Waterford can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Waterford, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $28 per square foot. In particular, the property type commanding the highest lease rates in Waterford was Retail space.

The average size of a commercial property in Waterford depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Waterford, the average size of an office property is 7,120 square feet.
Retail properties here incorporate an average of 25,006 square feet.
Industrial space in Waterford is in buildings that are, on average 90,000 square feet in size.

Waterford, MI Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Waterford currently add up to 3,176,782 square feet. The market offers 6 active office listing(s), which amount to 16,864 square feet and account for 20% of commercial spaces on the market. Local retail availability includes 121,608 square feet across 22 retail space(s). Industrial space for rent opportunities in Waterford amount to 3,038,310 square feet across a total of 1 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	6	16,864
Retail	22	121,608
Industrial	1	3,038,310

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Waterford, MI. Currently, there is 141,263 square feet of commercial property for sale here , which includes 2 office building(s) for sale , 8 retail investment opportunity listing(s) , and 2 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	2	5,723
Retail	8	45,540
Industrial	2	90,000

Waterford, MI Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Waterford, MI?

What factors affect the price of commercial real estate in Waterford, MI?

What is the average rent for commercial space in Waterford, MI?

What are the best areas for commercial real estate in Waterford, MI?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Waterford, MI?

Waterford, MI Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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