321 W University Drive Rochester, MI ^$ 579,900

321 W University Drive

^$ 579,900

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321 W University Drive

Rochester, MI, 48307

^$ 579,900

Bedrooms-- Baths-- Sq 1,829

Monthly Estimate*

^$ 3,618

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Commercial Property for sale in Rochester, MI

for $579,900. This 1,829 square foot building was built in 1939 on a lot size of 0.13.

Great small business office/retail space plus 1 bedroom apartment upstairs in this excellent condition downtown Rochester property. First floor offers 2 private offices- reception area - storage room- bath- finished basement with additional 1/2 bath. Parking for 8 cars. Property is located in the DE-1 Downtown Edge-1 District offering a variety of uses. Building is in excellent condition. New roof in 2017. Current tenants are on month-to-month basis. Annual holiday lighting assessment of $457 per year. Fantastic location on Southwest corner of University and Oak Street.

Commercial Active

Price

^$ 579,900

Property Type

Commercial

Taxes

^$ 5,555

Style

Commercial/Industrial

Lot Size

0.13

Year Built

1939

Town/City

Rochester

County/Region

Oakland

MLS | Web ID

50192872

Features

General

Heating Forced Air

Cooling Central A/C

Roof Asphalt

Water Public Water

Status Active Accepting Backup Offers

Year Built 1939

Parking 6-10 Spaces On Site Parking Lot

Subdivision Supervisor's Plat No. 4 MI

Water Heater Gas

County Oakland

Class COM/IND/BUS OPP

Type Commercial/Industrial

Ownership Private

Municipality Rochester

Zoning Other

Sale/Rent For Sale

Status Detail 3

Flood Insurance Unknown

Area Rochester (63152)

Primary City Rochester

Location Corner Lot Main Street

Directions Property is located on the Southwest corner of Oak Street and of University Drive a few blocks west of Rochester Road

City Rochester

Financial Terms Cash Commercial Loan Conventional

Legal Description Supervisor's Plat No. 4 Lot #16

DOM 42

Postal Code 48307

Price Per Sq Ft Total AG 317.06

Public Remarks Great small business office/retail space plus 1 bedroom apartment upstairs in this excellent condition downtown Rochester property. First floor offers 2 private offices- reception area - storage room-

Exterior

Exterior Aluminum

Exterior Amenities Wheelchair Access

Frontage 50

Flood Plan Unknown

Lot Size Area 0.13

Lot Dimensions 50 x 117

Lot Description Downtown Dev Authority

Well/Septic Inspection Done No

Roads City/County Paved Street

Waterfront Y/N No

Interior

Ceiling Height Less than 16 Ft.

Fuel Type Natural Gas

* Excluded Features

List By

Thomas Zibkowski

Listing Agent

Real Estate One Inc-Shelby

Broker

tom@TomZibkowski.com

Affordability Calculator

$4,081

Per Month

Monthly Principal & Interest: $3,618
Monthly Property Taxes: $463
Monthly Home Insurance: --

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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 38%

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
10/29/2025	$579,900		Listed Price

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321 W University Drive, Rochester, MI, 48307 is a Commercial Property for sale at $579,900 with 1,829 sqft and a lot size of 0.13. 321 W University Drive was built in 1939. 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.

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

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321 W University Drive

Commercial Property for sale in Rochester, MI

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