116 Terry Avenue Rochester, MI ^$ 1,150,000

116 Terry Avenue

^$ 1,150,000

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116 Terry Avenue

Rochester, MI, 48307

^$ 1,150,000

Bedrooms-- Baths-- Sq 5,336

Monthly Estimate*

^$ 7,175

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Commercial Property for sale in Rochester, MI

for $1,150,000. This building is 5,336 square feet.

Great opportunity! 5336 Sq. Ft. Retail/Office/Residential Condo in prime Downtown Rochester. 4 office suites downstairs with various sizes and 3 one bedroom condos upstairs. All currently leased out! Nice basement with tons of storage and half bath. Was completely remodeled in 2006. Lighted signage. Must enter with agent only! Do not approach tenants! More than ample parking. Walk to Downtown Rochester and minutes from M-59 and I-75.

Commercial Active

Price

^$ 1,150,000

Property Type

Commercial

Taxes

^$ 10,495

Style

Commercial/Industrial

Town/City

Rochester

County/Region

Oakland

MLS | Web ID

60945327

Features

General

Possession At Close

Water Public Water

Status Active Active

Year Built 19

County Oakland

Class COM/IND/BUS OPP

Type Commercial/Industrial

Ownership Private

Municipality Rochester

Zoning Commercial

Subdivision MI

Sale/Rent For Sale

Status Detail 0

Area Rochester (63152)

Primary City Rochester

Directions East off Rochester Rd

City Rochester

Financial Terms Cash Conventional

Legal Description Long Legal

DOM 56

Postal Code 48307

Price Per Sq Ft Total AG 215.52

Public Remarks Great opportunity! 5336 Sq. Ft. Retail/Office/Residential Condo in prime Downtown Rochester. 4 office suites downstairs with various sizes and 3 one bedroom condos upstairs. All currently leased out!

Exterior

Exterior Brick

Frontage 111

Lot Size Area 0

Lot Dimensions 100 x 111

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Jim Derkacz

Listing Agent

Realty Executives Stoney Creek

Broker

jimderkacz@comcast.net

Affordability Calculator

$8,049

Per Month

Monthly Principal & Interest: $7,175
Monthly Property Taxes: $875
Monthly Home Insurance: --

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Loan Term

Interest Rate

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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 69%

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
10/15/2025	$1,150,000		Listed Price

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116 Terry Avenue, Rochester, MI, 48307 is a Commercial Property for sale at $1,150,000 with 5,336 sqft. 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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116 Terry Avenue

Commercial Property for sale in Rochester, MI

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