Property summary
This exceptional 5,320 square foot property in Rochester Hills, Michigan, presents a unique investment opportunity. Currently operating as the Good News Detroit Church, the site includes a main church building with seating for 144, three classrooms, an office, a fellowship hall, and a kitchen. An adjacent four-bedroom house with a kitchen and open deck is also included in the sale. Situated on a combined 4.73 acres of land, less than a mile from downtown Rochester, this property boasts a highly desirable location. The R-4 zoning designation allows for a density of 3.4 dwelling units per acre, offering significant redevelopment potential for up to 16 single-family lots. The asking price is $1,200,000, translating to $225.56 per square foot. This presents a compelling opportunity for religious organizations seeking expansion, developers looking for a prime residential redevelopment project, or investors seeking a high-value property in a thriving Michigan community. The property's size and zoning flexibility provide considerable upside potential for future growth and development. The address is 1181 Harding Ave, Rochester Hills, MI 48307, in Oakland County. This is a rare chance to acquire a substantial property with diverse possibilities in a highly sought-after area.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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