127 W University Drive, Rochester city, Michigan

$7,340

Previous Next

3,391

Square feet

0.11

Acres

About 127 W University Drive

Excellent opportunity to be part of Downtown Rochester and have ideal exposure to the Greater Rochester community. Totally updated throughout in 2015, this two-story building is located in the heart of downtown Rochester facing both University and Walnut Street. Rochester Public parking structure is conveniently located next to the building. Currently used for an insurance company, this facility is also designed for any kind of office environment. Perfect for insurance, financial planning and financial services, real estate, title company, property mgmt., service-related businesses -- the list of opportunities is endless. Lease is a triple net lease with monthly rent at $7340/mo. with annual cost of living increases, plus $2,115/mo. which inc. the following expenses: snow and grass care, insurance, property taxes, exterior maintenance. Tenant can pay these expenses, or owner/landlord will collect the $2,115/mo. with the monthly rent and pay the expenses. Preferred lease term is a minimum of 36-60 months. Tenant pays all utilities. Building has 2 floors with 2 furnaces and zoned heat. First floor is 1950 sq. ft. and 2nd floor is 1441 sq. ft. First floor includes the following: 5 private offices, men & women's bathrooms, 2 conference rooms, kitchen, receptionist area, 22x13 common area for additional work stations. Second floor includes: 4 offices with room for multiple workstations in each, 1 bathroom, 16x16 common area with fireplace for waiting rm./clients, receptionist/additional workstations or conference rm. Building has welcoming 39x8 composite covered porch with handicap ramp. There are very few buildings in Rochester that have been renovated to the extent of this building and also offer the public exposure every business owner desires. Building is currently 100% leased and will be available for occupancy to the new tenant on April 1, 2026.

Features of 127 W University Drive

MLS® # 20251029408
Price $7,340
Bathrooms 0.00
Square Footage 3,391
Acres 0.11
Year Built 1902
Type Commercial
Status Active

Community Information

Address 127 W University Drive
Area 02152 - Rochester
Subdivision ORIGINAL PLAT-ROCHESTER
City Rochester city
County Oakland
State Michigan
Zip Code 48307

Amenities

Utilities Underground Utilities
Parking On Street, Parking Structure
Is Waterfront No
Has Pool No

Interior

Heating Forced Air
Cooling Central Air
Fireplace No

Exterior

Construction Aluminum Siding
Foundation Basement, Block

School Information

District Rochester

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeBerkshire Hathaway HomeServices Kee Realty
Contact Infodebbie@debbiecorey.com

Request a Showing

Provide a valid email address.
When would you like to view this property?