Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    210 University Dr Rochester, MI 48309

    For Lease
    $197 SF/Yr

    1,800 SF Office, High Traffic Location

    Lot size:
    25,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1,800-square-foot coworking space is situated in a historic, renovated building (2022) at 210 W University Dr, Rochester, MI 48309. The building, totaling 25,000 square feet, sits on a 0.82-acre lot at the high-traffic intersection of University and Pine Streets, boasting over 40,000 vehicles daily on University and 38,000 on Main Street (per MDOT). The space features 12 private offices, a conference area, and a coffee bar, ideal for a variety of businesses. The property is zoned BI and offers ample parking with two on-site lots, plus street parking and nearby city options, totaling 100 spaces. The two-story building includes an elevator and is ADA accessible. This single-tenant space, built in 1962, presents a unique opportunity for businesses seeking a prime location with high visibility. Lease terms are for 3 years, gross lease plus electric. Current tenants include Berkshire Hathaway Kee Realty and Updog Yoga. The space is adaptable for various uses beyond office space, including service and retail. This is a rare chance to establish your business in a vibrant, well-connected area with excellent accessibility and parking.

    Property Features for 210 University Dr

    General Information

    Property type
    Coworking space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    25,000 SF
    Total Rate
    412250

    Building Details

    Year Built/Renovated
    1962/2022
    Stories
    2

    Unit(s) available at that property

    Space
    Size
    1,800 SF
    Rate per SF
    $197
    Property Profile Location Intelligence

    Current Use by Public Records

    Introspections LLC, Debra ... Psychotherapist Sharleen McCann, Real ... Real Estate Agent Basic Massage LLC Massage Therapist Penny Semrau-Real Estate ... Real Estate Agent Reforming Foundations Pilates ... Pilates Studio

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon 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
    -83.136233287962
    Latitude
    42.682346702354

    Nearby Similar for Lease

    • $4,000 /Mo
      1,125 SF

      Prime Corner Lot Office Space

      Office space for lease in Rochester, MI with shared amenities.
      402 East St, Rochester, MI 48307
      View Details
    • New
      $10,000 /Mo
      9,402 SF

      Refurbished Industrial Space in Rochester

      Refurbished industrial building with three units in downtown Rochester.
      394 B St South, Rochester, MI 48307
      View Details
    • $7,000 /Mo
      7,000 SF

      Refurbished Industrial Space in Rochester

      7,000+ sqft industrial space with three units in downtown Rochester.
      394 South St, Rochester, MI 48307
      View Details
    • $3,000 /Mo
      3,000 SF

      Refurbished Industrial Space in Rochester

      3000+ sqft industrial space with three garage doors for rent.
      394 A St South, Rochester, MI 48307
      View Details
    • $3,000 /Mo

      Refurbished Industrial Space in Rochester

      Spacious, refurbished industrial building with three units in downtown Rochester.
      394 A St South, Rochester, MI 48307
      View Details
    • $10,000 /Mo

      Refurbished Industrial Space in Rochester

      Over 10,000 SF industrial space with three garage doors.
      394 B St South, Rochester, MI 48307
      View Details

    FAQs

    What type of property is this?
    Coworking space - 1,800 SF Office, High Traffic Location
    Where is this coworking space located?
    The property is located at 210 University Dr Rochester, MI.
    What is the lease rate?
    The lease rate is $197 SF/Yr.
    Request Owner's contact information
    210 University Dr Rochester, MI 48309
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    210 University Dr
    Rochester, MI 48309
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    210 University Dr Rochester, MI 48309
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.