311 W University Dr
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311 W University Dr
4,350 SF Retail Building Rochester, MI 48307 $1,599,000 ($368/SF)
INVESTMENT HIGHLIGHTS
- Heavytraffic count
- Immediate occupancy
- Lots of Natural light
EXECUTIVE SUMMARY
Located in the heart of downtown Rochester, 311 W University offers a prime retail space with 4,350 square feet of versatile, usable space. This property features two separate units, making it an ideal choice for businesses looking to establish themselves in a vibrant, high-traffic area. Whether you're looking to open a retail store, a restaurant, or a professional office, this location provides the perfect foundation for your next thriving business. With its central location, excellent visibility, and proximity to local amenities, 311 W University offers unmatched potential for success. Property offer for lease or sale.
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Sale Condition
Lease Option
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,350 SF
Building Class
B
Year Built
2021
Price
$1,599,000
Price Per SF
$368
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.34
Lot Size
0.29 AC
Zoning
O - Office/Retail
Parking
19 Spaces (4.37 Spaces per 1,000 SF Leased)
Frontage
73 FT on West University Drive
Walk Score®
Very Walkable (86)
Bike Score®
Very Bikeable (76)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $553,320 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$553,320
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311 W University Dr
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