1629 Auburn RdRochester Hills, MI 48307
- Commercial real estate
- 1,872 SF
Property Details for 1629 Auburn Rd
- Year built
- 1942
- Lot size
- 0.16 AC
- Property size (Sq ft)
- 1,872 SF
- Zone code
- BI
- Property type
- Commercial real estate
- APN
- 70-15-25-456-029
- APU
- 701525456029
Description
This exceptional commercial property, located at 1629 Auburn Road in Rochester Hills, Michigan, presents a unique investment opportunity. The 0.33-acre lot boasts a substantial 1,872 square feet of existing retail space, situated on a highly visible corner lot at the intersection of Auburn Road and Longview Avenue. This prime location is within a recently revitalized section of Auburn Road, ensuring high traffic and visibility for any business. The property is zoned Commercial Improved, offering flexibility for redevelopment or continued use as existing retail space. The asking price for this strategically positioned property is $499,000. This presents a rare chance to acquire a well-located commercial property in a thriving area of Oakland County, Michigan. The two parcels comprising this property offer significant potential for a variety of commercial ventures. The existing structure provides immediate income potential or a solid foundation for a new development, capitalizing on the area's recent improvements and strong commercial growth. The 48307 zip code offers excellent access to a robust consumer base. Don't miss this chance to own a piece of Rochester Hills' commercial landscape.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $445,654
- Hospitality
- $408,217
- Educational
- $339,632
- Medical
- $351,312
- Retail
- $528,316
Location Insight
- City
- Rochester Hills
- County
- Oakland
- State
- Michigan
- Latitude
- 42.6377
- Longitude
- -83.0998
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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