Waterford, MI Commercial Real Estate for Lease and Sale

Explore 70 listings of Waterford commercial real estate for lease and for sale to find the best space for your business.

CRE Market Stats

5770 Highland

5770 Highland, Waterford, Waterford Township, MI
For Lease

Contact for pricing
Property

Office

3,175 SF
Availability

1 Space

2,275 SF
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One11 Residences Loon Lake

3058 Dixie Hwy , Waterford, MI
For Sale

$1,100,000
Property

Multi-Family

4,536 SF
Year Built

1963
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5100 Dixie Highway

5100 Dixie Highway, Waterford, Waterford Township, MI
For Lease

$10.00/SF/YR
Property

Retail

107,635 SF
Availability

1 Space

107,635 SF
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CVS

4300 Dixie Highway, Waterford, Waterford Township, MI
For Sale

$5,432,743
Property

Retail

12,900 SF
Year Built

2009
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Colony Square

931-981 W. Huron St, Waterford, MI
For Lease

$12.00/SF/YR
Property

Retail

61,419 SF
Availability

2 Spaces

3,360 SF
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600 N. Telegraph

600 N. Telegraph, Waterford, Pontiac, MI
For Sale

Contact Listing Agent(s)
Property

Industrial

90,000 SF
Year Built

1985
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4443 Dixie Hwy

4443 Dixie Hwy, Waterford, Waterford Township, MI
For Sale

$1,350,000
Property

Retail

13,763 SF
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4200 Highland Road

4200 Highland Road, Waterford, MI
For Lease

Contact for pricing
Property

Retail

235,101 SF
Availability

1 Space

638 SF
Year Built

1984
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Huron Center

1052-1072 W Huron St, Waterford, Waterford Township, MI
For Sale

$2,500,000
Property

Retail

20,395 SF
Year Built

1953
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477 Elizabeth Lake Rd

477 Elizabeth Lake Rd, Waterford, Waterford Township, MI
For Lease

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Property

Retail

7,200 SF
Availability

3 Spaces

7,200 SF
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Lakeview Plaza

5550 - 5578 Cooley Lake Rd, Waterford, Waterford Township, MI
For Lease

$15.00 - $15.75/SF/YR
Property

Retail

11,097 SF
Availability

3 Spaces

5,200 SF
Year Built

1977
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For Sale or Lease > Oakland County Business Center

327 N Telegraph, Waterford, Waterford Township, MI
For Sale

Contact for pricing
Property

Industrial
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Little House Academy

4430 Elizabeth Lake Rd, Waterford, Waterford Township, MI
For Sale

$349,000
Property

Retail

1,672 SF
Year Built

1954
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For Sale or Lease > Oakland County Business Center

327 N Telegraph, Waterford, Waterford Township, MI
For Lease

Contact for pricing
Property

Industrial
Availability

1 Space

69.75 Acre
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6123 Highland Rd

6123 Highland Rd, Waterford, Waterford Township, MI
For Lease

$16.00/SF/YR
Property

Retail

8,000 SF
Availability

2 Spaces

2,800 SF
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5100 Dixie Highway

5100 Dixie Highway, Waterford, Waterford Township, MI
For Sale

Contact Listing Agent(s)
Property

Retail

107,635 SF
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Waterford Town Square

2455 Elizabeth Lake Rd, Waterford, MI
For Lease

Contact for pricing
Property

Retail

26,663 SF
Availability Contact for availability
Year Built

1969
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M-59 Plaza

7362-7590 Highland Road, Waterford, Waterford Township, MI
For Lease

Contact for pricing
Property

Retail

20,000 SF
Availability

2 Spaces

11,400 SF
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Oakland County Business Center

US-24 Hwy. (northwest corner of Telegraph & Elizabeth Lake), Waterford, MI
For Lease

Contact for pricing
Property

Industrial

317,300 SF
Availability

1 Space

317,300 SF
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7918-7938 Cooley Lake Rd

7918-7938 Cooley Lake Rd, Waterford, MI
For Lease

$16.00/SF/YR
Property

Retail

21,050 SF
Availability

5 Spaces

11,700 SF
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Cedar Plaza

5302-5326 Highland Road, Waterford, Waterford Township, MI
For Lease

Contact for pricing
Property

Retail

11,960 SF
Availability

3 Spaces

3,685 SF
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1026 Scott Lake Road

1026 Scott Lake Road, Waterford, Waterford Township, MI
For Sale

$275,000
Property

Retail

1,200 SF
Year Built

1975
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1026 Scott Lake Road

1026 Scott Lake Road, Waterford, Waterford Township, MI
For Lease

$1,500.00/MO
Property

Retail

1,200 SF
Availability

1 Space

1,200 SF
Year Built

1975
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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

Complimentary coffee & tea

Parking
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2060 Dixie Hwy

2060 Dixie Hwy, Waterford, MI
For Lease

$10.00 - $15.00/SF/YR
Property

Retail

10,000 SF
Availability

1 Space

10,000 SF
Year Built

1996
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Waterfall Plaza

5623-5725 Dixie Highway, Waterford, Waterford Township, MI
For Lease

Contact for pricing
Property

Retail

42,590 SF
Availability

5 Spaces

10,134 SF
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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 172,231 square feet of office space across 7 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 2,419,253 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 3,137,657 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 3,360,410 square feet of available listings. Retail space available in Waterford adds up to 200,859 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 $15.35 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 $18.5 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 24,604 square feet.
Retail properties here incorporate an average of 51,473 square feet.
Industrial space in Waterford is in buildings that are, on average 285,242 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 3,573,605 square feet. The market offers 3 active office listing(s), which amount to 12,336 square feet and account for 11% of commercial spaces on the market. Local retail availability includes 200,859 square feet across 21 retail space(s). Industrial space for rent opportunities in Waterford amount to 3,360,410 square feet across a total of 3 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	3	12,336
Retail	21	200,859
Industrial	3	3,360,410

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 285,718 square feet of commercial property for sale here , which includes 1 office building(s) for sale , 11 retail investment opportunity listing(s) , and 2 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	1	14,380
Retail	11	176,802
Industrial	2	90,000
Other	1	4,536

Waterford, MI Commercial Real Estate for Lease and Sale

5770 Highland

One11 Residences Loon Lake

5100 Dixie Highway

CVS

Colony Square

600 N. Telegraph

4443 Dixie Hwy

4200 Highland Road

Huron Center

477 Elizabeth Lake Rd

Lakeview Plaza

For Sale or Lease > Oakland County Business Center

Little House Academy

For Sale or Lease > Oakland County Business Center

6123 Highland Rd

5100 Dixie Highway

Waterford Town Square

M-59 Plaza

Oakland County Business Center

7918-7938 Cooley Lake Rd

Cedar Plaza

1026 Scott Lake Road

1026 Scott Lake Road

2709 Pontiac Lake Road

2060 Dixie Hwy

Waterfall Plaza

Frequently Asked Questions

Waterford, MI Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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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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About us