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    118 W 3Rd St Rochester, MI 48307

    For Sale
    $564,900

    Beloved tea house in downtown Rochester, a local treasure.

    Lot size:
    0.12 Acres

    Property Features for 118 W 3Rd St

    General Information

    Lot size
    0.12 Acres

    Building Details

    Year built
    1910

    Source: Berkshire Hathaway HomeServices Kee Realty Agent Kathleen Best

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Rochester Tea House

    This tea house, located in downtown Rochester, is known for its inviting ambiance. Situated near shopping, dining, and community attractions, the property benefits from steady foot traffic. This property presents an opportunity to own a piece of the city's vibrant cafe culture.
    Insight Report Location Intelligence

    Current Use by Public Records

    La Premier Catering Restaurant

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Life Cafe, The Caring Cafe, Green Cup Café, MIJUICE, Saint 1881 Coffee & Cocktail Bar

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Oakland
    State
    Michigan
    Longitude
    -83.1347598
    Latitude
    42.6795686

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    FAQs

    What type of property is this?
    Coffee shop - Beloved tea house in downtown Rochester, a local treasure.
    Where is this coffee shop located?
    The property is located at 118 W 3Rd St Rochester, MI.
    What is the asking price?
    The asking price for this property is $564,900.
    What are key features of this property?
    This property features: - Prime downtown Rochester location with high foot traffic.; - Established tea house with a beloved reputation and inviting ambiance.; - Close proximity to shopping, dining, and community attractions.
    (586) 215-3080
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    118 W 3Rd St Rochester, MI 48307
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    Rochester, MI 48307
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    118 W 3Rd St Rochester, MI 48307
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