OFFICE – RETAIL – REDEVELOPMENT IN WALKABLE DOWNTOWN

510 W. University Drive Rochester Hills, MI 48307

FOR SALE
Property Type:
Other Land
Amount:
$400,000
Last Verified:
Jul 15, 2022

Highlights

  • Prime Redevelopment - Walkable Downtown - For Sale
  • Between Main St/Rochester Rd & Livernois Rd
  • Minutes from the Walkable Downtown Rochester
  • High Visibility, Heavily Traveled Commercial Corridor
  • Excellent Demographics, Traffic Counts and High Walk Score
  • Asking Price: $400,000

Description

REDEVELOPMENT IN WALKABLE DOWNTOWN
510 W University Drive, City of Rochester, MI 48307
Between Main St./Rochester Rd & Livernois Rd

Parcel ID: 15-10-455-018

Roof: Full tear off and replaced roof boards house (2014) and garage (2016)
Basement: Crawl and short basement ceiling height. No included in square footage.
Gutters working order. Windows working order. Exterior paint required.

Minutes from the walkable Rochester downtown with a variety of dining, retail shopping, galleries, professional services
High Visibility, Heavily Traveled Commercial Corridor
Excellent Demographics, Traffic Counts and High Walk Score

Nearby: Rochester Community Schools, Rochester High School, Ascension Hospital Medical Center, Rochester Public Library, U.S. Post Office, Rochester Municipal Park
Retailers: Walkable to major restaurants and retailers, Gordon Foods

Between Main St./Rochester Rd & Livernois Rd


Year Built: 1901
Building Size: 1300sq ft
Lot Size: 0.18 acres


Documents

510 W University Flyer 2021

Map of 510 W. University Drive , Rochester Hills, MI, 48307

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
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  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.