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116 Terry Avenue Rochester, MI $ 1,150,000
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$ 1,150,000 Get more info
116 Terry Avenue
$ 1,150,000
Back to search
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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 5,336 square foot building was built in 1988.

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.

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Commercial Active

Price

$ 1,150,000

Property Type

Commercial

Taxes

$ 10,495

Style

RealEstateOnly

Year Built

1988

Town/City

Rochester

County/Region

Oakland

MLS | Web ID

20251045760
Features
General
Sewer PublicSewer
Possession AtClose
Garage Spaces 0.0
Construction Materials Brick
Year Built 1988
Levels Two
Property Subtype RealEstateOnly
Current Use MixedUse Office Residential
County Oakland
Net Operating Income 0.0
Operating Expense 0.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Garage Y/N N
Status Active
Directions East off Rochester Rd
City RochesterCity_Oakland
Senior Community Y/N N
High School District Rochester
Zoning Description Commercial
MLS Area Area02152Rochester
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 10495.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type MultipleOccupantTypes
Tax Assessed Value 186120
Expected Active Date 2025-10-15
Legal Description Long Legal
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Exterior
Water Source Public
Foundation Details Basement Poured
Spa N
Lot Dimensions 100 x 111
Lot Size Acres 0.0
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Above Grade Finished Area 5336.0
Above Grade Finished Area Unit Type SquareFeet
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Internal Only
Street Number 1 116
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* Excluded Features
List By
Jim Derkacz

Listing Agent

Realty Executives Stoney Creek

Broker

(248) 207-1115

Phone

Affordability Calculator

$8,049
Per Month
89%
11%
0%
Monthly Principal & Interest
$7,175
Monthly Property Taxes
$875
Monthly 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
848546 Elementary School
848028 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
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. 116 Terry Avenue was built in 1988. The property's zip code is 48307 which is in Rochester, MI

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