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  1. Commercial Properties
  2. MI
  3. Waterford

Land Development Opportunity

For Sale

5834 Highland Road, Waterford, MI 48327

Explore the vibrant community surrounding the property in Waterford, MI. Located just moments away from picturesque lakes and parks, this area offers an ideal blend of natural beauty and urban convenience. Nearby, investors will find popular shopping and dining destinations, including the Oakland County Farmer's Market, Meijer, McDonald's, and an array of other notable retailers. With easy access to major highways and close proximity to Oakland County International Airport, the location is well-positioned for business success. Invest in this prime location and discover the endless opportunities for development in the area.Positioned along Highland Road (M-59) in Waterford, this 1.43-acre commercial property offers excellent visibility and accessibility along one of the area’s key retail corridors. The site features approximately 150 feet of frontage and includes an existing 4,537 SF restaurant building, providing a strong opportunity for an owner-user, restaurant operator, or investor. The C-2 commercial zoning allows for a variety of potential uses, including drive-thru with special approval. Located just east of Oakland County International Airport, the property is surrounded by established businesses, residential neighborhoods, and convenient regional transportation routes.

Key features

  • 1.43-acre commercial property along Highland Road (M-59)
  • 4,537 SF existing restaurant building
  • Approximately 150 feet of Highland Road frontage
  • C-2 commercial zoning
  • Convenient access to major surrounding communities
  • Drive-thru potential with special approval
  • Excellent visibility and accessibility
  • Located near Oakland County International Airport
  • Strong opportunity for an owner-user, investor, or redevelopment
  • Surrounded by established businesses and residential neighborhoods

Building Details

  • For Sale $1,100,000
  • Property Type VacantLand
  • Lot Size 1.43 Acre
  • Additional Rent Price on request
  • Date Updated Sep 19, 2026
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Contacts

broker
Matthew Berke

Keystone Commercial Real Estate

Location

  • City Waterford, MI
  • Zip Code 48327
  • Market Detroit
  • Map
  • Street
  • Walk score 50/100 Somewhat Walkable
  • Bike score 38/100 Somewhat Bikeable
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Points of Interest

Pontiac

5.93 miles

Speedway

0.14 miles

Mobil

0.15 miles

Shell

0.17 miles

Kroger

0.91 miles

Marathon

1.01 miles

VC Pit Stop

1.39 miles

Meijer

1.66 miles

Sunoco

2.02 miles

Auburn Hills, MI Supercharger

6.60 miles

Sun Country

6.62 miles

Waterford Schools Bus Garage

1.28 miles

Fish Hatchery parking

1.61 miles

Lot G

2.82 miles

Lot F - Employee Parking

3.00 miles

Handicap Parking

3.03 miles

Lot E - Employee & Handicap Parking

3.15 miles

Lot B - Employee Parking

3.17 miles

Lot C

3.20 miles

Lot D

3.21 miles

Lot A

3.23 miles

Enterprise

0.34 miles

Forster's Autowash

1.38 miles

Forster's Auto Wash

2.04 miles

Clean Machine Car Wash

2.25 miles

Forster & Sons Auto Wash

2.27 miles

Joe's Car Wash

2.42 miles

Sparkle Car Wash

2.51 miles

Waterworks Car Wash

3.27 miles

Avis

3.60 miles

Zax Auto Wash

4.28 miles

McDonald's

0.03 miles

Arby's

0.07 miles

Little Caesars

0.12 miles

Wendy's

0.21 miles

Dairy Queen

0.27 miles

Mexico Lindo

0.39 miles

Taco Bell

0.41 miles

Buffalo Wild Wings

0.66 miles

Hong Kong Express

0.68 miles

Panera Bread

0.72 miles

ALDI

0.79 miles

Kroger

0.80 miles

Value Center Marketplace

1.35 miles

Gordon Food Service

1.67 miles

Meijer

1.83 miles

Tenuta's Food Lane

2.54 miles

Big Lots

2.82 miles

Walmart Supercenter

3.31 miles

Forman Mills

4.30 miles

Neimans Family Market

4.50 miles

Kroger Pharmacy

0.82 miles

CVS Pharmacy

0.88 miles

Waterford Police Department

0.97 miles

Airport Fire Station

0.99 miles

Waterford Township Fire Department

1.23 miles

Waterford Adult and Pediatric Medicine

1.53 miles

Waterford Township Fire Station No. 5

1.57 miles

Highland Pharmacy & Compounding

1.96 miles

Walgreens

2.26 miles

Sheriffs

3.06 miles

Listing Summary

  • What is the asking price at Land Development Opportunity?

    Land Development Opportunity is currently listed for sale at Price on request.

Contact Matthew Berke
broker
Matthew Berke

Keystone Commercial Real Estate

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