425 Walnut Boulevard Rochester, MI $ 842,000
425 Walnut Boulevard
$ 842,000
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425 Walnut Boulevard

Rochester, MI, 48307
$ 842,000
Baths0.0 Sq 2,018

Monthly Estimate*

$ 5,882

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Studio

Commercial Property for sale in Rochester, MI

for $842,000. This 2,018 square foot building was built in 1930 on a lot size of 0.15.

A beautiful commercial property one block West of Main Street in Downtown Rochester in the 400 block across the street from the big parking deck. The classic look and stellar condition will be a strong credential to your business. Incredibly flexible office space. Use the offices you need and rent each of the remaining offices. Leasing out each of the furnished offices make realistic financials to even call this an investment property. 3 or 4 offices are easily open for users. Others are possible. This property is in great condition. Building was completely renovated with new mechanicals, wiring, plumbing, siding and roof. Even the paint is in great condition. This has the condition of a newly constructed structure. There are 11 parking spaces on site in the rear parking lot. There is parking on the street with sidewalks. And the big City parking deck is across the street. Most network equipment, area rugs, kitchen appliances, desks and furniture is part of the property will and be included with the sale. Items owned by tenants and personal property are excluded. Office space and leases - 1st Floor Front waiting room 10 x 8 - 1st Floor Northeast office 98 ft $550/month - 1st Floor Northwest back Office 96 ft $475/month - 1st Floor Kitchen 9 x 6 - 1st Floor Dinette 9 x 6 - 1st Floor Main floor bath 8 x 6 - 1st Floor Conference room 16 x 9 - 1st Floor Middle Southwest office 154 ft $1236/month - Open at close or soon after. - 1st Floor Southeast front office 80 ft $400 / month - Open at close - - 2nd Floor East front office 145 ft $900/month - 2nd Floor North middle office 149 ft $950/month - 2nd Floor West back office 167 ft $950/month - Open - 2nd Floor South middle office 166 ft $950/month - - Basement bath 7 x 7

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Commercial Active

Price

$ 842,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 8,777

Style

Lot Size

0.15

Year Built

1930

Town/City

Rochester

County/Region

Oakland

MLS | Web ID

20240025695

Features
General
Sewer Public Sewer (Sewer-Sanitary)
Heating Forced Air
Possession Negotiable
Zoning Commercial
Year Built 1930
Property Type Commercial
Subdivision Name ORIGINAL PLAT-ROCHESTER
Accessibility Features Accessible Approach with Ramp
Transaction Type Sale
Status Active
Short Sale No
Construction Materials Wood
Cumulative Days on Market 5
MLS Area Rochester
Directions South on Walnut from University. West of Main.
City Rochester
Terms Offered Cash Conventional
School District Rochester
Land Contract 0
Ownership Status Short Sale - No Private Owned
Street Name WALNUT
Assessment 512.00; PSD/DDA
Total Sq Ft 2018
DOM 5
Taxes 8777.0000
Legal Description T3N R11E SEC 15 ORIGINAL PLAT S 42.5 FT OF LOT 98
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Exterior
Waterfront 0
Lot Size Area 0.15
Water Source Public (Municipal)
Foundation Basement
Lot Size Dimensions 42 x 150
Roof Material Asphalt
Architecture Level 2 Story
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Interior
Street Suffix Boulevard
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Internal Only
Originating MLS Realcomp II Ltd
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* Excluded Features
List By
Jeffrey R Whitbey

Listing Agent

Berkshire Hathaway Homeservices Kee Realty

Broker

(248) 327-4555

Phone

Affordability Calculator

$6,613
Per Month
89%
11%
0%
Monthly Principal & Interest
$5,882
Monthly Property Taxes
$731
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
848546 Elementary School
848028 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/20/2024$842,000 Listed Price

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425 Walnut Boulevard, Rochester, MI, 48307 is a Commercial Property for sale at $842,000 with 2,018 sqft and a lot size of 0.15. 425 Walnut Boulevard is a studio with 0.0 baths and was built in 1930. The property's zip code is 48307 which is in Rochester, MI