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Renovated Two-Story Office Building
For Sale
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127 W University Drive, Rochester, MI 48307

Updated downtown office building offers two flexible floors with furnished space options for professional services.

Property Size3,391 SF
Price / SF$486.58
Days on Market107

Property Features for 127 W University Drive

General Information

Standard status Active
Size 3,391 SF
Property subtype Office

Additional Details

Business Included Yes

Building Details

Year Built 1902
Year Renovated 2015
Stories 2
Listing Agency: Berkshire Hathaway HomeServices Kee Realty
Listed By: Debbie Corey · License #280041
Source: Crexi
Added: Apr 25 Changed: Aug 8 Last Checked: Aug 8 at 6:38AM

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.

This renovated two-story office building was updated throughout in 2015 and is offered with furniture included for leasing. The property has two floors with zoned heat and two furnaces. The first floor includes 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 with room for multiple workstations in each, one bathroom, and a 16x16 common area with a fireplace that can serve as a waiting room for clients, along with a receptionist area and additional workstations or a conference room. A welcoming 39x8 composite covered porch with a handicap ramp adds an accessible entry experience.

The building is located in downtown Rochester with exposure facing University and Walnut Street. A Rochester Public parking structure is conveniently located next to the building.

Designed to support a range of client-facing and professional uses, the layout can work for an owner-occupant or for leasing out individual offices or an entire floor. The combination of private offices, conference space, and dedicated client-facing areas supports insurance, financial services, real estate-related businesses, title operations, property management, and other service-oriented tenants, with immediate occupancy available.

Key Highlights

  • Totally updated throughout in 2015; two‑story downtown Rochester office building built in 1902
  • Two flexible floors: 1st floor 1,950 SF and 2nd floor 1,441 SF
  • Zoned heat with 2 furnaces; building includes furnished space (furniture included in lease)

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

Turnkey business
Opportunity

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 - Updated downtown office building offers two flexible floors with furnished space options for professional services.
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 throughout in 2015; two‑story downtown Rochester office building built in 1902; Two flexible floors: 1st floor 1,950 SF and 2nd floor 1,441 SF; Zoned heat with 2 furnaces; building includes furnished space (furniture included in lease)
More about this property
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