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Updated Two-Story Office Building
For Sale
$1,650,000

127 W University Drive, Rochester, MI 48307

Two-story downtown office building fully updated in 2015 with furnished offices, zoned heat, and covered accessible entry porch.

Property Size3,391 SF
Price / SF$486.58
Days on Market111

Property Features for 127 W University Drive

General Information

Standard status Active
Size 3,391 SF
Property subtype Industrial

Additional Details

Office Units 9

Amenities

3
Asphalt
72.765

Building Details

Year Built 19
Year Renovated 2015
Stories 2
Listing Agency: Berkshire Hathaway HomeServices Kee Realty
Listed By: Deborah Corey
Source: Xome
Added: Apr 24 Changed: Aug 8 Last Checked: Aug 11 at 4:48AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Kee Realty

Investment Insights

Based on property information with market context.

Totally updated throughout in 2015, this two-story office building offers flexible floor-by-floor use. The property includes two furnaces with zoned heat and is offered fully furnished, with furniture included in the lease. The first floor features five private offices, men’s and women’s bathrooms, two conference rooms, a kitchen, a receptionist area, and a 22x13 common area suitable for additional workstations. The second floor includes four offices, one bathroom, and a 16x16 common area with a fireplace designed as a waiting room for clients, along with a receptionist and additional workstation or conference room options.

The building is located in the heart of downtown Rochester and faces both University and Walnut Street. A nearby Rochester Public parking structure is listed as being conveniently located next to the building. The front includes a welcoming 39x8 composite covered porch with a handicap ramp.

The layout provides the option for an owner-occupant to occupy the entire building or to lease out individual offices or an entire floor. Immediate occupancy is noted in the listing.

Key Highlights

  • Totally updated in 2015, two‑story downtown Rochester office building with furnished offices included in the lease
  • Zoned heat with 2 furnaces; building offers flexible space for an owner‑occupant or leasing individual offices or entire floors
  • First floor: 1,950 SF with 5 private offices, men’s/women’s bathrooms, 2 conference rooms, kitchen, receptionist area, and 22x13 common work area

Property Analytics

Current Use

Oakland General Underwriters Insurance Agency Morris Insurance Group, ... Insurance Agency Creative Logic Group (Bike/Boat/Book/etc) Store Morris Insurance Group Insurance Agency Blitz Marketing Advertising Agency

Suggested Use

Top Pick Plumbing Service (Bike/Boat/Book/etc) Store Veterinary Clinic Storage Facility Locksmith Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

9
Office units

Location Intelligence

Trade Area within ½ mile

1,878
Businesses Nearby

Demographics for 48307, MI

44,673
Population
19,493
Households
2.3
Avg Household Size
39
Median Age
58%
College-Educated
96%
High-School Grad
15.2 sq mi
ZIP Area
2,939
Density / Sq Mi
$105,118
Median Household Income
$61,528
Median Earnings
$1,499
Median Rent
$329,400
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Two-story downtown office building fully updated in 2015 with furnished offices, zoned heat, and covered accessible entry porch.
Where is this office building located?
The property is located at 127 W University Drive Rochester, MI.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Totally updated in 2015, two‑story downtown Rochester office building with furnished offices included in the lease; Zoned heat with 2 furnaces; building offers flexible space for an owner‑occupant or leasing individual offices or entire floors; First floor: 1,950 SF with 5 private offices, men’s/women’s bathrooms, 2 conference rooms, kitchen, receptionist area, and 22x13 common work area
More about this property
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