# 509 Elizabeth Lake Road, Waterford, MI 48328

> **TL;DR:** commercial, $218,000 ($108/sqft), built 1926, 2,010 sqft. Est. $945/mo. Listed 61 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $218,000 |
| Price/sqft | $108 |
| Square Feet | 2,010 |
| Year Built | 1926 |
| Lot Size | 5,227 sqft (0.12 acres) |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 61 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $945 |
| **Total** | **$945** |

## Property Highlights

- Built in 1926
- 0.12 acre lot

## Description

### Agent Description
Just Renovated Commercial Building. Prime Location

Move-in ready commercial office building located on busy Elizabeth Lake Rd., just west of Telegraph, directly across from the former Summit Place Mall redevelopment site. Excellent visibility and high traffic area.

Ideal for small retail, hair salon, law office, counseling center, medical or professional use. Conveniently located within one mile of Oakland Schools and the Oakland County Courthouse.

Features include updated interior and a finished basement for additional office or storage space.

Great opportunity in a growing corridor with ongoing redevelopment nearby.

## Location

- **Address:** 509 Elizabeth Lake Road, Waterford, MI 48328
- **County:** Oakland

## Listing Agent

- **Name:** Sergio Taylor
- **Brokerage:** National Realty Centers, Inc
- **Phone:** 2488802762
- **Email:** sergiotaylorrealtor@gmail.com

## Primary Photo

![509 Elizabeth Lake Road - Primary Photo](http://lh.rdcpix.com/2d0bbea5e77d8cf6d1a7b1d087da32c7l-f1009592645r.jpg)

*22 total photos available on [listing page](https://www.propertysimple.com/listing/509-elizabeth-lake-road-waterford-mi-48328-61021253)*

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**MLS#:** 20261021253 | **Updated:** 2026-06-19
**Source:** listhub

*Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/509-elizabeth-lake-road-waterford-mi-48328-61021253)

---

## Structured Data

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  "name": "509 Elizabeth Lake Road, Waterford, MI 48328",
  "description": "Just Renovated Commercial Building. Prime Location\n\nMove-in ready commercial office building located on busy Elizabeth Lake Rd., just west of Telegraph, directly across from the former Summit Place Mall redevelopment site. Excellent visibility and high traffic area.\n\nIdeal for small retail, hair salon, law office, counseling center, medical or professional use. Conveniently located within one mile of Oakland Schools and the Oakland County Courthouse.\n\nFeatures include updated interior and a fini",
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  "datePosted": "2026-06-19",
  "price": 218000,
  "priceCurrency": "USD",
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    "addressLocality": "Waterford",
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