7669 Highland Rd

Nestled in a thriving commercial hub, these properties are ideally located directly across from Oakland County International Airport, a hub for business and private aviation, and just steps from Pontiac Lake Recreation Area, a major regional attraction. The location also boasts an array of dining options, retail centers, and community services, providing a favorable environment for professionals and employees. With its strategic position and local charm, Waterford presents an enticing proposition for investors seeking a dynamic and vibrant locale for their next venture.Positioned along the highly traveled Highland Rd (M-59) corridor, 7669 Highland Rd presents a compelling value-add investment opportunity in one of Waterford's most established commercial corridors. The property consists of a 3,000 SF free-standing mixed-use building featuring two street-level retail suites and a second-story apartment, plus a 1,500 SF detached garage offering additional income or owner storage potential. Currently 75% occupied, the property generates immediate cash flow from two long-term tenants—both in place since 2008 and currently leasing on a month-to-month basis—while providing investors with significant upside through lease restructuring, market-rate rent increases, and lease-up of the vacant retail suite and detached garage. Existing rental rates are substantially below market, creating a clear path to increased NOI. Situated directly on Highland Rd with approximately 45,000 vehicles passing daily, the property offers outstanding visibility, a prominent pylon sign, and convenient access to Oakland County International Airport, Pontiac Lake, and the surrounding Lakes Area. Recent exterior improvements completed in 2026 further enhance curb appeal, making this an attractive opportunity for investors seeking both stable income and long-term value creation.