Commercial $ 0

127 W University DR

Rochester, MI 48307

  • 3,391 SqFt
  • 4,791 Lot Size
  • 1902 Year Built
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.
Listed by Berkshire Hathaway HomeServices Kee Realty

PROPERTY DETAIL

  • Key Details

    Property Type Commercial

    Sub Type RealEstateOnly

    Listing Status Active

    Purchase Type For Rent

    Square Footage 3, 391 sqft

    Subdivision Original Plat-Rochester

    MLS Listing ID 20251029408

    Year Built 1902

    Lot Size 4,791 Sqft

    Acres 0.11

    Property Sub-Type RealEstateOnly

  • Location

    State MI

    County Oakland

    Area Area02152Rochester

  • Building

    Foundation Basement, Block

    Sewer PublicSewer

    Water Public

    New Construction No

  • Interior

    Heating ForcedAir

    Cooling CentralAir

    Fireplace No

  • Exterior

    Parking Features OnStreet, ParkingStructure

    Utilities Available UndergroundUtilities

    View Y/N No

    Roof Type Asphalt

    Garage false

  • Schools

    High Schools Rochester

    School District Rochester

  • Others

    Senior Community false

    Acceptable Financing TripleNetLease

    Listing Terms TripleNetLease

    Special Listing Condition Standard

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