5570 ELIZABETH LAKE Road, Waterford Twp, MI 48327

$235,000 Asking Price

1 bed
1 bath
918  sqft
Built in 1956

What an incredible lifestyle investment! Unique commercial building on 2 lots, less than a half mile away from the popular Waterford Clinton River Canoe Launch, and an equal distance in the other direction to the Crescent Lake Boat Launch! This lot also includes access to several extremely desirable private beaches through Crescent Lake Country Club Association. The building can continue to be used as it was originally zoned (Personal Grooming Establishment - RC1), or it can be converted to a single family home as per the area's new master plan. Next owner may apply for alley abandonment for an additional 10-20 feet of lot depth. Open floor plan and luxury bathroom with heated floors, beautiful shower, and ventless washer/dryer. Appliances and on-site building materials can be included with an acceptable offer. Parking lot contains 13 spaces and is in great shape. Personal Grooming Establishment can be an establishment that provides grooming services to persons, including but not limited to haircutting, hairstyling, manicuring, pedicuring, skin care such as facials and make-up, tanning, electrolysis, tattooing and piercing, and the ancillary retail sale of merchandise related to such grooming services.


Features & Amenities

Interior

Heating:
Forced Air, Natural Gas

Exterior

Style:
Other

Construction

General:
Stucco, 1 Story, Slab

Location

Road/Access:
Paved
School District:
Waterford
County:
Oakland

Lot

Zoning:
T3N, R9E, SEC 21 CRESCENT LAKE COUNTRY CLUB SUB LOT 46 BLK 20, 1321380029

Utilities

Water:
Public
Sewer:
Sewer-sanitary

This listing courtesy of:
Downtown Realty, Lawrence Else

About Waterford, MI

Housing

Number of Units
32,224
Median Home Value
$190,998
Median Rent
$820

26.53% of housing units are renter occupied.

4.87% are vacant.

Commute

Car
77.74%
Public Transportation
0.23%
Walk to Work
0.74%
Work from Home
20.83%
Other
0.37%

The median travel time to work is 25 minutes.

People

Population
69,768
Median Age
41.60
Median Household Size
2.52

Education

High School
28.00%
Associate’s Degree
10.12%
Bachelor’s Degree
19.49%
Graduate Degree
9.63%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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