640 W University DR, Rochester, MI 48307
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Realty Executives Showcase Commercial

Realty Executives Showcase Commercial

+1(586) 726-4600
$ 720,000
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Pending

640 W University DR Rochester, MI 48307

2,315 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type RealEstateOnly

Listing Status Pending

Purchase Type For Sale

Square Footage 2,315 sqft

Price per Sqft $311

Subdivision W C Chapman

MLS Listing ID 20261038007

Year Built 1901

Lot Size 0.290 Acres

Acres 0.29

Property Sub-Type RealEstateOnly

Property Description

Situated on a rare double lot just blocks from Downtown Rochester and only three blocks from Rochester Municipal Park, this uniquely versatile property offers an exceptional opportunity for office, mixed-use, or residential conversion. Originally remodeled in 2016 by renowned commercial architectural firm Designhaus, the building blends professional functionality with upscale residential potential in one of Rochester's most desirable neighborhoods surrounded by multi-million-dollar homes. Currently configured for administrative and professional office use, the property is occupied by a small real estate company and loan offices, featuring flexible layouts that could easily accommodate a variety of business operations. The first and second levels each offer independent climate control with two furnaces and two A/C units for efficient comfort and utility management. The property includes two half baths, ample on-site parking with 13 spaces, and the option for a buyer to retain the existing first-floor office tenant generating $850 per month in rental income.
For buyers seeking residential possibilities, the structure offers tremendous conversion potential. Existing false walls can be reconfigured to create a custom bedroom layout and living space design, with room to add a shower or full bath configuration as desired.
An ideal opportunity for investors, owner-users, or buyers seeking a distinctive live/work property in a premier Rochester location.

Location

State MI

County Oakland

Area Area02152Rochester

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace No

Exterior

Parking Features ParkingLot

Utilities Available CableAvailable

View Y/N No

Roof Type Asphalt

Garage false

Building

Foundation Basement, Stone

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Rochester

Others

Senior Community false

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition AgentOwned, ShortSaleNo


Realcomp MLS
Listed by Bradley Saarela of Andrews Realty Group

Nearby Locations

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Realty Executives Showcase Commercial

+1(586) 726-4600

showcasecommercial@realtyexecutives.com

640 W University DR