586 Rochester RdRochester Hills, MI 48307
- Commercial real estate
- 1,478 SF
Property Details for 586 Rochester Rd
- Year built
- 1950
- Lot size
- 0.19 AC
- Property size (Sq ft)
- 1,478 SF
- Zone code
- BI
- Property type
- Commercial real estate
- APN
- 70-15-15-428-031
- APU
- 701515428031
Description
This 1,478 square foot office building, constructed in 1950, offers a unique opportunity in Rochester Hills, Michigan. The property is zoned for office use and features a two-story building with two suites. Currently, 480 square feet of space is immediately available for lease, representing a minimum divisible unit. The maximum contiguous space available is also 480 square feet. The building boasts six shared parking spaces, a significant advantage in this desirable location. The space includes two sizable offices with storage. Shared amenities include an upstairs coffee bar, a downstairs waiting room equipped with a television, and a shared restroom. The property enjoys high visibility on S Rochester Rd, near Avon Rd, and is within walking distance of Downtown Rochester Hills' vibrant dining, shopping, and entertainment scene. Office furniture may remain if desired. A 12-month lease is offered, with an option to extend. This is an ideal location for a small business, startup, or anyone seeking a convenient and well-appointed workspace outside of a home office.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $351,858
- Hospitality
- $322,300
- Educational
- $268,150
- Medical
- $277,372
- Retail
- $417,121
Location Insight
- City
- Rochester Hills
- County
- Oakland
- State
- Michigan
- Latitude
- 42.6725
- Longitude
- -83.1338
- 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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