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    428 East St Rochester, MI 48307

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    For Sale
    $990,000

    Historic property with redevelopment potential in Rochester, Michigan.

    Lot size:
    0.21 Acres

    Property Features for 428 East St

    General Information

    Lot size
    0.21 Acres

    Building Details

    Year built
    1901

    Source: Century 21 Professionals Agent Tom Turnbull

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

    Overview

    Historic Swiss Cottage For Sale

    This historic residence, a Swiss cottage, was built in the summer of 1884 for Marcus Eugene Carlton and his wife Lydia. Designed by John Scott and built by Arkin & Jones, the property has served various purposes over the years, transitioning from residential to business use. It presents an opportunity for either historic restoration or complete redevelopment. The lot features 60 feet of frontage on both East Street and Water Street, with a depth of 150 feet. It is located directly north of the Granary Live/Work Loft apartments, which are currently under construction.
    Location Intelligence

    Current Use by Public Records

    Wedding venues

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Oakland
    State
    Michigan
    Longitude
    -83.1319819
    Latitude
    42.6815855

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    FAQs

    What type of property is this?
    Wedding venue - Historic property with redevelopment potential in Rochester, Michigan.
    Where is this wedding venue located?
    The property is located at 428 East St Rochester, MI.
    What is the asking price?
    The asking price for this property is $990,000.
    What are key features of this property?
    This property features: - Historic Swiss cottage designed by John Scott and built by Arkin & Jones in 1884.; - Opportunity for historic restoration or complete re-development.; - **60-foot frontage on both East Street and Water Street.**
    (248) 652-7700
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    428 East 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
    428 East St Rochester, MI 48307
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