Homes for sale - 127 W University DR, Rochester, MI 48307

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Debbie Corey

debbie@debbiecorey.com +1(248) 601-1000

$ 7,340

3,391 SqFt

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$ 7,340

Save

3,391 SqFt

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

Property Description

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.

Location

State MI

County Oakland

Area Area02152Rochester

Interior

Heating Forced Air

Cooling Central Air

Fireplace No

Exterior

Parking Features OnStreet, ParkingStructure

Utilities Available UndergroundUtilities

View Y/N No

Roof Type Asphalt

Garage false

Building

Foundation Basement, Block

Sewer Public Sewer

Water Public

New Construction No

Schools

High Schools Rochester

School District Rochester

Others

Senior Community false

Acceptable Financing TripleNetLease

Listing Terms TripleNetLease

Special Listing Condition Standard

Listed by Deborah C Corey of Berkshire Hathaway HomeServices Kee Realty

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Debbie Corey

Broker Associate

debbie@debbiecorey.com

+1(248) 601-1000

210 W University Dr, Rochester, MI, 48307-1975, USA

127 W University DR Rochester, MI 48307

Debbie Corey

Key Details

Location

Interior

Exterior

Building

Schools

Others

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127 W University DR