Main Street Plaza (26-Unit Multifamily)
$4,100,000
412 South Main Street, Rochester, MI 48307
For Sale
Retail
Free Standing
Active
Last Updated: 03/06/2025
18,000 sqft
Building Size
0.49 acres
Lot Area
Details:
Building Size: 18,000 sqft
Lot Area: 0.49 acres
Occupancy: 77%
Units: 26
Year Built: 1950
Highlights:
- 18,000 SQFT, 26-Unit Mixed-Use Retail & Office
- Year Built / Renovated: 1950's / 2017
- Located in the Heart of Downtown Rochester
- Easily Accessible via Major Freeways & Major Transportation Routes
- Over $80k+ Capital Improvements | New Boiler & Roof Updates
- Metered & Free City Parking Available for Visitor Convenience
- Tenant Stability: Long-Term Leases with a Diverse Tenant Mix w/ Steady Income
- Stellar Demographics: 155,000 PPL & $151,856 Avg. HHI w/in 5-Mile
- 1 Mile from Ascension Hospital & 5 Miles from Oakland University
- Close Proximity to Retail, Dining, & National Tenants such as Kroger, Huntington, Home Depot, Domino’s, FedEx, PetSmart, & many more...
Description:
This mixed-use retail and office property features an 18,000 SF building with 26 units, built in 1950's and renovated in 2017. Located in the sought-after Rochester area, the property enjoys a solid 77% occupancy rate, making it an appealing investment opportunity.
Nestled in the heart of Oakland County, Rochester is a thriving city known for its picturesque downtown area, diverse dining options, and vibrant community events, offers a charming blend of small-town charm and urban convenience. The city is home to the enchanting Paint Creek Trail, Oakland University, art galleries, cozy cafes and boutique shops.
Location
