$530,000
$579,900
8.6%For more information regarding the value of a property, please contact us for a free consultation.
321 W University Drive Rochester, MI 48307-1942
1,829 SqFt
Key Details
Sold Price $530,000
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 1,829 sqft
Price per Sqft $289
Subdivision Mi
MLS Listing ID 50192872
Sold Date 03/31/26
Year Built 1939
Annual Tax Amount $5,555
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 50 x 117
Property Sub-Type Commercial/Industrial
Property Description
Great small business office/retail space plus 1 bedroom apartment upstairs in this excellent condition downtown Rochester property. First floor offers 2 private offices- reception area - storage room- bath- finished basement with additional 1/2 bath. Parking for 8 cars. Property is located in the DE-1 Downtown Edge-1 District offering a variety of uses. Building is in excellent condition. New roof in 2017. Current tenants are on month-to-month basis. Annual holiday lighting assessment of $457 per year. Fantastic location on Southeast corner of University and Oak Street.
Location
State MI
County Oakland
Area Rochester (63152)
Zoning Other
Interior
Heating Forced Air
Cooling Central A/C
Exterior
Parking Features 6-10 Spaces, On Site, Parking Lot
Roof Type Asphalt
Building
Lot Description Downtown Dev Authority
Foundation Basement
Water Public Water
Structure Type Aluminum
Others
Ownership Private
SqFt Source Assessors Data
Assessment Amount $457
Energy Description Natural Gas
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash,Commercial Loan,Conventional
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