205 Main StRochester, MI 48307
- Retail space
- 6,414 SF
Property Details for 205 Main St
- Year built
- 1986
- Lot size
- 0.31 AC
- Property size (Sq ft)
- 6,414 SF
- Zone code
- BI
- Property type
- Retail space
- APN
- 68-15-15-235-011
- APU
- 681515235011
Description
This exceptional retail and restaurant opportunity in Rochester, Michigan, presents 6,377 square feet of vacant space across multiple units within the Pure Green Portfolio. Located at 205 S Main St and 2685 S Rochester Rd, this property offers high visibility and accessibility in a thriving commercial area of Oakland County. The flexible space allows for various configurations, with individual units ranging from a minimum of 800 square feet to a maximum contiguous space of 2,113 square feet. This makes it ideal for a variety of businesses, from smaller boutiques to larger restaurants or retail establishments. The property's location in the heart of Rochester provides excellent access to a strong customer base and ample foot traffic. The address is conveniently situated at 205 S Main St and 2685 S Rochester Rd, Rochester, MI 48307. This is a unique chance to secure a prominent presence in a desirable Michigan market. All 6,377 square feet are currently vacant and ready for immediate occupancy. The property is classified as commercial, with a retail and restaurant designation. This presents a rare opportunity to establish a strong foothold in a vibrant and growing community. The property's size and layout offer significant potential for customization to suit individual business needs. Contact us today to learn more about this exciting opportunity.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,961,007
- 6.5%
- $1,810,160
- 7%
- $1,680,863
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,511,913
- Geo Method
- $1,511,913
-
Alternative Use
- Use
- Valuation
- Residential
- $1,526,938
- Hospitality
- $1,398,667
- Educational
- $1,163,674
- Medical
- $1,203,695
- Retail
- $1,810,160
Location Insight
- City
- Rochester
- County
- Oakland
- State
- Michigan
- Latitude
- 42.6784
- Longitude
- -83.1342
- 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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- Please email our support team at [email protected] and they will add the team member.
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