118 W 3RD Street Rochester, MI ^$ 564,900

118 W 3RD Street

^$ 564,900

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118 W 3RD Street

Rochester, MI, 48307

^$ 564,900

Bedrooms-- Baths-- Sq 1,450

Monthly Estimate*

^$ 3,524

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Commercial Property for sale in Rochester, MI

for $564,900. This 1,450 square foot building was built on a lot size of 0.12.

Discover a slice of tranquility in downtown Rochester at this beloved tea house, a local treasure known for its inviting ambiance. With its prime location near shopping, dining and community attractions, this tea house is ideally positioned for steady foot traffic. Whether you're a passionate tea enthusiast or an entrepreneur looking to bring new life into a local favorite. This Rochester gem presents a rare opportunity to own a piece of the city's vibrant cafe culture.

Commercial Pending

Price

^$ 564,900

Property Type

Commercial

Taxes

^$ 5,282

Style

Commercial/Industrial

Lot Size

0.12

Town/City

Rochester

County/Region

Oakland

MLS | Web ID

60351209

Features

General

Possession At Close

Water Public Water

Status Pending Pending

Year Built 19

Subdivision ORIGINAL PLAT-ROCHESTER MI

County Oakland

Class COM/IND/BUS OPP

Type Commercial/Industrial

Ownership Private

Municipality Rochester

Zoning Commercial

Sale/Rent For Sale

Status Detail 0

Area Rochester (63152)

Primary City Rochester

Directions north on main left on third

City Rochester

Financial Terms Cash Conventional

Legal Description T3N R11E SEC 15 ORIGINAL PLAT E 61 FT OF W 127 FT OF S 30 FT OF LOT 66 ALSO E 61 FT OF W 127FT OF LOT 67 MORE PARTICULARLY DESC AS BEG AT PT DIST N 89-33-30 E 66 FT FROM SW COR OF SD LOT 67

DOM 159

Postal Code 48307

Price Per Sq Ft Total AG 389.59

Public Remarks Discover a slice of tranquility in downtown Rochester at this beloved tea house a local treasure known for its inviting ambiance. With its prime location near shopping

Exterior

Exterior Log

Frontage 40

Lot Size Area 0.12

Lot Dimensions 60.00 x 90.00

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Kathleen Best

Listing Agent

Berkshire Hathaway Homeservices Kee Realty

Broker

kathleenbest@bestbrandsrealty.com

Affordability Calculator

$3,964

Per Month

Monthly Principal & Interest: $3,524
Monthly Property Taxes: $440
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% 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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Nearby

Trends
Schools

Commerical listings in Rochester, MI

Average List Price ^$358,545

Percent of Sale Price 37%

About Rochester, MI

12,854 Population

24% Since 2002

^$79,259 Median Income

39.07 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/30/2024	$564,900		Listed Price

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118 W 3RD Street, Rochester, MI, 48307 is a Commercial Property for sale at $564,900 with 1,450 sqft and a lot size of 0.12. The property's zip code is 48307 which is in Rochester, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% 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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118 W 3RD Street

Commercial Property for sale in Rochester, MI

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