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$1,599,000
Est. payment /mo
4,350 SqFt
Price Dropped by $100K
311 W UNIVERSITY Drive Rochester, MI 48307 1942
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UPDATED:
01/30/2025 02:43 AM
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 4,350 sqft
Price per Sqft $367
Subdivision Mi
MLS Listing ID 60356644
Annual Tax Amount $24,590
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 50 x 121
Property Description
This prime mixed-use property at 311 W University Dr in Rochester, MI, presents a unique investment opportunity with significant potential for both retail and office use. Strategically located in the heart of Rochester’s vibrant downtown, the property offers flexible space that can accommodate a diverse range of tenants. With high visibility, strong foot traffic, and easy access to major roads, this location is ideal for businesses seeking exposure in a dynamic community. The property benefits from a growing local economy and a thriving downtown district, offering both immediate income potential and long-term appreciation. This is a fantastic opportunity to invest in a valuable asset in one of Michigan's most sought-after areas.
Location
State MI
County Oakland
Area Rochester (63152)
Zoning Mixed Use,Professional Office,Commercial
Building
Water Public Water
Structure Type Brick
Others
Ownership Private
Assessment Amount $2,374
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Brookstone, Realtors LLC