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$1,350,000
302 W University Dr, Rochester, MI 48307
0 Beds
0 Baths
5,640 sqft

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Amazing opportunity in Booming downtown ROCHESTER! Zoned B-1 perfect for single use or investment. 2nd floor floor currently used has residence. Classic Victorian makes this a focal point of Downtown. Current leases in place call for details. Marvin windows/Anderson door wall, new roof membrane Building has been renovated and updated! just painted and ready to go! Note 2400 sq ft. plus upstairs is used by owner and not included in income (approx. 30k/yr)Full basement has plenty of storage and 4rd floor could be finished!
  • Price:
  • $1,350,000
  • Square Footage:
  • 5,640
  • Acreage:
  • 0.27
  • Year Built:
  • 1901
  • Listing ID #:
  • 2210091741
  • Street Address:
  • 302 W University Dr
  • City:
  • Rochester
  • State:
  • Michigan
  • Postal Code:
  • 48307
  • County:
  • Oakland
  • Community:
  • Rochester
  • Subdivision:
  • Sprague's Add
  • Listing Status:
  • Active
  • Listing Type:
  • Commercial
School District: Rochester
  • Foundation:
  • Basement
  • Foundation Material:
  • Poured, Stone
  • Number Of 3 Bedroom Units:
  • 1
  • Number Of Units:
  • 1
  • Siding:
  • Wood
  • Stories:
  • 3 Story
  • Total Building Square Footage:
  • 5640
  • Type Of Roof:
  • Asphalt, Rubber
  • Year Built:
  • 1901
  • Year Renovated:
  • 2005
  • Business Type:
  • Office, Residential, Retail, Service
  • Net Operating Income:
  • 44060.00
  • Operating Expense:
  • 20620.00
  • Conforms To Zoning:
  • Commercial
  • Existing Land Use:
  • Commerical/Residential
  • Road Frontage:
  • 68
  • Road Frontage Type:
  • Paved
  • Days On Market:
  • 77
  • Financing Options:
  • Cash, Conventional
  • For Sale Or Lease?:
  • Sale
  • Summer Tax:
  • 8455.0000
  • Winter Tax:
  • 2125.0000
  • Existing Water:
  • Municipal Water
  • Heating:
  • Forced Air
  • Heating Fuel:
  • Natural Gas
  • Sewage Type:
  • Sewer-Sanitary
  • Water Heater:
  • Natural Gas
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • IDX provided courtesy of Realcomp II Ltd. Colburn McDonald Asoc
  • IDX provided courtesy of Realcomp II Ltd., via Andrew Colburn | Colburn McDonald & Associates Realtors and Realcomp II Ltd, ©2022 Realcomp II Ltd. Shareholders FARMHILL

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