311 University Dr Rochester, MI 48307
- Office buildings
- 3,470 SF
- 0.17 lot acres
Current Use by Public Records
- Tide Cleaners / Dry Cleaner
Property Details for 311 University Dr
- Year built
- 2020
- Lot size
- 0.17 lot acres
- Property size
- 3,470 SF
- Zone code
- BI
- Property type
- Office buildings
- APN
- 68-15-15-226-003
- APU
- 681515226003
Description
This exceptional mixed-use property, situated at 311 W University in Rochester, Michigan, presents a compelling investment opportunity. Boasting 4,350 square feet on a 0.17-acre lot, this building offers significant potential for a variety of uses, including retail and office spaces. Its prime location in the heart of Rochester's vibrant downtown ensures high visibility and strong foot traffic, making it an ideal location for businesses seeking maximum exposure. The property benefits from easy access to major roadways, enhancing its accessibility and convenience for both employees and customers. The thriving downtown district and growing local economy provide a strong foundation for immediate income generation and long-term property value appreciation. The flexible floor plan allows for adaptation to suit diverse tenant needs, maximizing rental income potential. This is a rare chance to acquire a valuable asset in a highly desirable Michigan community, offering a blend of immediate returns and future growth prospects. The asking price is $1,599,000. This property is well-suited for investors seeking a strong return on investment in a dynamic and growing market. Its strategic location and adaptable space make it a truly unique opportunity.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rochester
- County
- Oakland
- State
- Michigan
- Longitude
- -83.1368
- Latitude
- 42.6817
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
