2509 Lansdowne Road Waterford Twp, MI
$ 374,000
Property Attributes
  • ML#219064310
  • TypeCommercial
  • CountyOAKLAND
  • CityWaterford Twp
  • AreaWaterford Twp
  • Zip48329
  • StyleParty Store/Office Space/Residential
  • Year Built1946
  • Taxes10220
  • Price$ 374,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5168
  • Lot Size0.68 Acres
Listing Provided Courtesy Of:
Liberty Way Realty
Data Source:
Property Description

Huge income potential! Well established party store with Beer/Wine and lottery License. Additional income property with a 2 unit home that is currently occupied and a 2 car detached garage. Unit A is a 2 bedroom unit with a basement, and Unit B is a Studio, with lake privileges just a few steps away. The building also has 2 office spaces one is currently leased. Equipped with a kitchen for additional income possibilities. Back storage area and private office space. Current rental income is $1700.00 per month. Plenty of parking spaces for customers. Watch your investment grow with just a few updates.

Price History
7/1/2019 Listed $374,900
4/3/2020 4% - $360,000

General Features

Business Type Office, Residential, Retail
Commercial Type Business And Real Estate, Commercial
Construction Materials Brick
Cumulative Days on Market 920
Current Use Party Store/Office Space/Residential
Gross Scheduled Income 576872.00
Heating Forced Air
Listing Agent Public Id 345538
Net Operating Income 0.00
Operating Expense 71000.00
Originating MLS Realcomp II Ltd
Ownership Status Private Owned, Short Sale - No
Parcel Number 1308379001
Possession Negotiable
Property Type Commercial
School District Waterford
Sewer Sewer-Sanitary
Short Sale No
Status Active
Terms Offered Cash, Conventional
Total Sq Ft 5168
Transaction Type Sale
Year Built 1946
Zoning Commercial

Interior Features

Heating Fuel Natural Gas
Total Units 2
Unit Count 2

Exterior Features

Architecture Level 1 Story
Foundation Slab
Foundation Materials Poured
Frontage Feet 219
Lot Size Area 0.68
Lot Size Dimensions 219 X 295
Water Source Municipal Water
Waterfront Name Williams Lake


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

IDX provided courtesy of Realcomp II Ltd., via Silverstone Real Estate and The Originating MLS(found above), © 2021 Realcomp II Ltd. Shareholders. Shareholders. The information being provided is 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.

Data is updated as of April 18, 2021 5:35 AM UTC Information deemed reliable but not guaranteed. The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd

Property vs Zip Code Average in 48329

AVG $360K
AVG $6,617
Year Built
AVG 1958