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Main Street Plaza (26-Unit Multifamily)

$4,100,000

412 South Main Street, Rochester, MI 48307

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.

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