640 W University Drive Rochester, MI $ 720,000
640 W University Drive
$ 720,000
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640 W University Drive

Rochester, MI, 48307
$ 720,000
Bedrooms-- Baths-- Sq 2,315

Monthly Estimate*

$ 4,433

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Commercial Property for sale in Rochester, MI

for $720,000. This 2,315 square foot building was built in 1901 on a lot size of 0.29.

Situated on a rare double lot just blocks from Downtown Rochester and only three blocks from Rochester Municipal Park, this uniquely versatile property offers an exceptional opportunity for office, mixed-use, or residential conversion. Originally remodeled in 2016 by renowned commercial architectural firm Designhaus, the building blends professional functionality with upscale residential potential in one of Rochester’s most desirable neighborhoods surrounded by multi-million-dollar homes. Currently configured for administrative and professional office use, the property is occupied by a small real estate company and loan offices, featuring flexible layouts that could easily accommodate a variety of business operations. The first and second levels each offer independent climate control with two furnaces and two A/C units for efficient comfort and utility management. The property includes two half baths, ample on-site parking with 13 spaces, and the option for a buyer to retain the existing first-floor office tenant generating $850 per month in rental income. For buyers seeking residential possibilities, the structure offers tremendous conversion potential. Existing false walls can be reconfigured to create a custom bedroom layout and living space design, with room to add a shower or full bath configuration as desired. An ideal opportunity for investors, owner-users, or buyers seeking a distinctive live/work property in a premier Rochester location.

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Commercial Active

Price

$ 720,000

Property Type

Commercial

Taxes

$ 12,852

Style

RealEstateOnly

Lot Size

0.29

Year Built

1901

Town/City

Rochester

County/Region

Oakland

MLS | Web ID

20261038007

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Cooling CentralAir
Utilities CableAvailable
Possession Negotiable
Roof Asphalt
Garage Spaces 0.0
Construction Materials AluminumSiding
Year Built 1901
Levels Two
Property Subtype RealEstateOnly
Current Use Office
Accessibility AccessibleApproachWithRamp
County Oakland
Net Operating Income 0.0
Operating Expense 0.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Subdivision Name W C CHAPMAN
Garage Y/N N
Status Active
Directions Head east on University Dr Then North on Ludlow Ave
City RochesterCity_Oakland
Senior Community Y/N N
High School District Rochester
Zoning Description Office Residential
MLS Area Area02152Rochester
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 12852.0
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 Owner
Tax Assessed Value 252340
Expected Active Date 2026-05-26
Legal Description T3N R11E SEC 10 W C CHAPMAN SUB W 26 FT OF LOT 2 & ALL OF LOT 3 BLK 1
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Exterior
Parking Features ParkingLot
Water Source Public
Foundation Details Basement Stone
Spa N
Building Area Total 2315.0
Lot Dimensions 86X145.5
Lot Size Acres 0.29
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 Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 2315.0
Above Grade Finished Area Unit Type SquareFeet
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Internal Only
Street Number 1 640
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* Excluded Features
List By
Bradley Saarela

Listing Agent

Andrews Realty Group

Broker

(248) 841-4717

Phone

Affordability Calculator

$5,504
Per Month
81%
19%
0%
Monthly Principal & Interest
$4,433
Monthly Property Taxes
$1,071
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
Pricing History
DatePricePrice ChangeDescription
5/26/2026$720,000 Listed Price

Map


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640 W University Drive, Rochester, MI, 48307 is a Commercial Property for sale at $720,000 with 2,315 sqft and a lot size of 0.29. 640 W University Drive was built in 1901. The property's zip code is 48307 which is in Rochester, MI