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321 W University Drive Rochester, MI $ 579,900
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$ 579,900 Get more info
321 W University Drive
$ 579,900
Back to search
Share Save

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.

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Commercial Contingent

Price

$ 579,900

Property Type

Commercial

Taxes

$ 5,555

Style

RealEstateOnly

Lot Size

0.13

Year Built

1939

Town/City

Rochester

County/Region

Oakland

MLS | Web ID

58050192872
Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Cooling CentralAir
Utilities NaturalGasConnected
Roof Asphalt
Construction Materials AluminumSiding
Year Built 1939
Property Subtype RealEstateOnly
Business Type ProfessionalOffice
Accessibility AccessibleEntrance
County Oakland
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Contingency AcceptingBackupOffers
Subdivision Name SUPERVISOR'S PLAT NO. 4
Garage Y/N N
Building Features CeilingHeightLessthan16ft
Status Accepting Backup Offers
City RochesterCity_Oakland
Disclosures SpecialAssessment FloodUnk
Senior Community Y/N N
High School District Rochester
Zoning Description Other
MLS Area Area02152Rochester
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 5555.26
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
Building Area Units SquareFeet
Standard Status ActiveUnderContract
TaxOtherAnnualAssessmentAmount 457.25
Legal Description Supervisor's Plat No. 4 Lot #16
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Exterior
Parking Features ParkingLot OnSite Other
Water Source Public
Foundation Details Basement
Spa N
Building Area Total 1829.0
Lot Dimensions 50 x 117
Lot Size Acres 0.13
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Road Responsibility PublicMaintainedRoad
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
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Internal Only
Street Number 1 321
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* Excluded Features
List By
Thomas Zibkowski

Listing Agent

Real Estate One Inc-Shelby

Broker

(586) 709-1727

Phone

Affordability Calculator

$4,081
Per Month
89%
11%
0%
Monthly Principal & Interest
$3,618
Monthly Property Taxes
$463
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
10/29/2025$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

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