Rochester Hills, MI 48306,330 W TIENKEN Road
Rochester Hills, MI 48306,330 W TIENKEN Road
Rochester Hills, MI 48306,330 W TIENKEN Road
Rochester Hills, MI 48306,330 W TIENKEN Road
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$ 1,800,000
Est. payment | /mo

12,383 SqFt


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$ 1,800,000
Est. payment | /mo
Save

12,383 SqFt

Key Details

Property Type Commercial

Sub Type Real Estate Only

Listing Status Active

Purchase Type For Sale

Square Footage 12,383 sqft

Price per Sqft $145

MLS Listing ID 20240058352

Originating Board Realcomp II Ltd

Year Built 1984

Annual Tax Amount $28,035

Lot Size 2.470 Acres

Acres 2.47

Lot Dimensions 149x528

Property Description

Discover a prime investment opportunity with this medical office building prominently located in a high-income area. This established property hosts seven units across a 1.75-acre lot, featuring five professional tenants, three of whom are long-term, enhancing stability and investment reliability. Despite its current occupancy, there are two available units, presenting an immediate value-add potential through lease-up at market rates.

Recently enhanced with a new roof in 2023 and a freshly sealed parking lot, the building is well-maintained and equipped to meet medical standards, including a specialized radiation room. The ample parking facility includes 72 spaces, accommodating both staff and client needs effortlessly.

Strategically positioned to capture significant daily traffic, the site benefits from visibility to over 20,667 cars per day. The surrounding demographics are ideal for medical professionals, with an average household income exceeding $130,000 within a 5-mile radius and a population of 142,000 potential clients.

Additionally, the spacious lot offers expansion possibilities with enough room to erect additional buildings, further enhancing its value. This property not only promises a steady flow of current income but also offers substantial growth potential through strategic management and development. An investment here is not just in property but in the future of healthcare services in a thriving community.

Location

State MI

County Oakland

Area Rochester Hills

Zoning Office

Direction W of Rochester on Tienken

Exterior

Waterfront no

Road Frontage Class A

Building

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Level or Stories 2 Story

Structure Type Brick

Schools

School District Rochester

Others

Tax ID 1503451028

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Conventional, Warranty Deed

Listing Terms Cash, Conventional, Warranty Deed

Financing Cash,Conventional,Warranty Deed

Special Listing Condition Full Service

Realcomp MLS
Listed by Keller Williams Paint Creek
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330 W TIENKEN Road