640 W University Dr, Rochester, MI 48307

$730,000
2,315
SqFt

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Sold Price
$730,000
List Price
$720,000

Property Description

Situated on a rare double lot just blocks from Downtown Rochester and only three blocks from Rochester Municipal Park, this uniquely versatile property offers an exceptional opportunity for office, mixed-use, or residential conversion. Originally remodeled in 2016 by renowned commercial architectural firm Designhaus, the building blends professional functionality with upscale residential potential in one of Rochester’s most desirable neighborhoods surrounded by multi-million-dollar homes. Currently configured for administrative and professional office use, the property is occupied by a small real estate company and loan offices, featuring flexible layouts that could easily accommodate a variety of business operations. The first and second levels each offer independent climate control with two furnaces and two A/C units for efficient comfort and utility management. The property includes two half baths, ample on-site parking with 13 spaces, and the option for a buyer to retain the existing first-floor office tenant generating $850 per month in rental income. For buyers seeking residential possibilities, the structure offers tremendous conversion potential. Existing false walls can be reconfigured to create a custom bedroom layout and living space design, with room to add a shower or full bath configuration as desired. An ideal opportunity for investors, owner-users, or buyers seeking a distinctive live/work property in a premier Rochester location.

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Courtesy of Andrews Realty Group 2488414717

Selling Office: The Agency Hall & Hunter.

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