931-981 W Huron St

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931-981 W Huron St

Waterford, MI 48328
Asking Price
$2.40M
Asset Type
Retail
Class
Class B

What's Special

931-981 W Huron St is a retail center located in Waterford, Michigan, situated along the M-59 corridor. The property sits within a high-traffic commercial area characterized by a mix of established local businesses and national suburban retail chains. The surrounding neighborhood features a blend of residential subdivisions and professional offices, providing a steady local consumer base. Nearby amenities include several major grocery stores, casual dining options, and Oakland County government offices. The site offers direct access to W Huron St, a primary east-west arterial road, facilitating convenient transportation links to nearby Pontiac and the wider Oakland County region. This retail asset is suited for businesses seeking high visibility and consistent vehicle counts. Ideal use cases include neighborhood services, specialized medical clinics, boutique fitness studios, or quick-service food vendors. The typical tenant profile consists of service-oriented retailers or small-scale commercial operators that benefit from frontage on a major transit route. The diverse unit sizes and prominent signage opportunities support a mix of both regional franchises and independent proprietors looking to establish a presence in a dense suburban market.

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NOI
$80,000
Cap Rate
3.34%
DSCR
0.56
Underwater
Cash-on-Cash
-8.67%
Monthly Payment
$11,860.696
Annual Cash Flow
$-62,328.348

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