Search
Victorian Mixed-Use Building
For Sale
Contact for pricing
Pending

302 W University Dr, Rochester, MI 48307

B-1-zoned downtown property with retail space, an upstairs residence, and additional storage capacity.

Property Size2,400 SF
Days on Market143

Property Features for 302 W University Dr

General Information

Standard status Pending
Size 2,400 SF
Property subtype Retail
Zoning B-1

Building Details

Buildings 1
Construction Classic Victorian
Listing Agency: Andrew Colburn
Listed By: Andrew Colburn · License #MI 288064
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 31 at 7:52AM

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 Andrew Colburn

Investment Insights

Based on property information with market context.

This 2,400 SF mixed-use building combines commercial space with an upstairs residence and a full basement for storage. The second floor is currently used as a residence, while the third floor offers additional space that could be finished. Current leases are in place, and the upstairs owner-use area is separate from those leases.

Property improvements include a new roof membrane, Marvin windows, an Anderson door wall, fresh interior and exterior paint, and other renovation updates. Zoned B-1, the building is located at 302 W University Dr in downtown Rochester, placing it within the city’s established commercial setting.

Key Highlights

  • 2,400 SF mixed‑use building at 302 W University Dr
  • B‑1 zoning supports mixed‑use commercial occupancy
  • Second‑floor residence currently used by the owner

Property Analytics

Current Use

Rochester Wine Shop Specialty Food Shop The Cheese Lady - Rochester Bakery Risk Investigations Law Firm Home Health Care ... Home Health Care Service Kazak Building Company General Contractor

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Storage Facility Auto Parts Store (Bike/Boat/Book/etc) Store 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.

Location Intelligence

Trade Area within ½ mile

1,869
Businesses Nearby
73k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 48% Shops & Services 45% Groceries 6% Apparel 1%
BP Shops & Services
14,720 visits/mo 0.1 miles
Chicken Shack Dining
8,633 visits/mo 0.1 miles
FedEx Office Print & Ship Center Shops & Services
6,966 visits/mo 0.4 miles
Penn Station East Coast Subs Dining
6,729 visits/mo 0.4 miles
Huntington Bank Shops & Services
6,063 visits/mo 0.4 miles

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - B-1-zoned downtown property with retail space, an upstairs residence, and additional storage capacity.
Where is this mixed-use property located?
The property is located at 302 W University Dr Rochester, MI.
What are key features of this property?
This property features: 2,400 SF mixed‑use building at 302 W University Dr; B‑1 zoning supports mixed‑use commercial occupancy; Second‑floor residence currently used by the owner
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message