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127 W University Dr
Rochester, MI 48307
Office Property For Sale
Investment Highlights
- Fully renovated in 2015 with modern systems and finishes throughout.
- Flexible floor plan with mix of private offices, conference rooms, and open spaces.
- Prime downtown Rochester location with high pedestrian and vehicle visibility.
Executive Summary
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. Perfect for insurance, financial planning and financial services, real estate, title company, property mgmt., service-related businesses -- the list of opportunities is endless. Fully furnished and furniture included in lease. 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. The floor plan provides the opportunity for the owner to occupy all of the building or lease out individual offices or an entire floor making this a terrific investment. Immediate occupancy. Building is also for lease (see MLS #20251029408).
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
3,391 SF
Building Class
C
Year Built
1902
Price
$2,273,931 CAD
Price Per SF
$670.58 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,391 SF
Slab To Slab
12’
Building FAR
0.70
Lot Size
0.11 AC
Zoning
BI - Commercial Zoned District
Parking
20 Spaces (5.9 Spaces per 1,000 SF Leased)
Amenities
- Conferencing Facility
- Security System
- Signage
- Wheelchair Accessible
- Storage Space
- Air Conditioning
- Smoke Detector
Property Taxes
| Parcel Number | 15-15-228-026 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $522,827 CAD |
Property Taxes
Parcel Number
15-15-228-026
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$522,827 CAD
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