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    OFF-MARKET
    Churches & religious facilities

    28491 Utica Rd, Roseville, MI 48066

    36,500 SF 2.11 ac lot Built 1957
    Property ID
    US43-1288546
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Churches & religious facilities
    Year built 1957
    Total area 36,500 SF
    Lot 2.11 ac (91,912 SF)
    UPID US43-1288546
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Aim Higher Life Coach Certification Life Coach
    • Evangel Christian Churches Church
    • Evangel Ministries International Church
    • Destiny School Of Ministry High School
    • Over Comers Community Church Church
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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