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    704 Woodward Ave Rochester, MI 48307

    Sponsored
    For Sale
    $2,600,000

    Rochester, MI Warehouse - $2.6M

    Property size:
    49,804 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 49,804-square-foot warehouse at 704 Woodward Avenue in Rochester, Michigan, presents a compelling investment opportunity. Boasting a prime location directly on the Paint Creek Trail, this property offers significant redevelopment potential or immediate occupancy for a suitable tenant. Built in 1963 and renovated in 2016, the building features 6,100 square feet of office space, 8' to 14' clear ceiling heights, three loading docks, two dock-high doors, and a 5-ton crane. The warehouse sits on a 3.54-acre lot and is zoned II, Industrial. The asking price is $2,600,000, or $52.20 per square foot. This single-tenant property, currently occupied by Solaronics Inc., offers a unique blend of existing infrastructure and future possibilities. Its strategic location and versatile layout make it ideal for a variety of industrial or commercial uses. The property includes a bus and air lines compressor. The ample space, convenient access, and desirable location combine to create a truly exceptional opportunity in the Rochester submarket. The property's APN is 68-15-10-252-006.

    Property Features for 704 Woodward Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    49,804 SF
    Lot Size
    154,202 SF

    Building Details

    Year Built/Renovated
    1963/2016

    HighLights

    • 49,804 square feet available for sale.
    • 6,100 square feet of existing office space.
    • 8'-14' clear ceiling height.
    • Two grade‑level doors and three truck wells.
    • One 5‑ton crane.
    • Zoned II.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Oakland
    State
    Michigan
    Longitude
    -83.1424686
    Latitude
    42.6895945

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    FAQs

    What type of property is this?
    Distribution property - Rochester, MI Warehouse - $2.6M
    Where is this distribution property located?
    The property is located at 704 Woodward Ave Rochester, MI.
    What is the asking price?
    The asking price for this property is $2,600,000.
    What are key features of this property?
    This property features: 49,804 square feet available for sale.; 6,100 square feet of existing office space.; 8'-14' clear ceiling height.
    Request Owner's contact information
    704 Woodward Ave 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
    704 Woodward Ave Rochester, MI 48307
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