28491 Utica Rd, Roseville, MI 48066
This exceptional 36,500 square foot multi-tenant church building, situated on a generous 2.11-acre lot in Roseville, Michigan, presents a unique investment opportunity. Built in 1957 and renovated in 1970, the property boasts a substantial seating capacity of 700-800, ideal for large congregations or adaptable for various uses given its Commercial/Residential zoning. Features include a large stage, central air conditioning, a sound booth, a baptistry pool, overflow space, ten offices, fifteen classrooms, and nine restrooms. Additional amenities include a gymnasium, kitchen, and dining hall, catering to a wide range of needs. The property also benefits from ample parking with 130 spaces. A new roof was installed in 2017, ensuring long-term structural integrity. Currently generating a monthly rental income of $16,600, this property offers significant potential for future growth and diversification. Adding to its appeal, a three-bedroom brick house located behind the main church building is included in the sale, providing additional living quarters or potential rental income. The property is conveniently located at 28491 Utica Rd, Roseville, MI 48066. The asking price is $1,250,000, translating to $34.25 per square foot. This represents a compelling investment opportunity in a desirable location with significant upside potential.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.