406 s main, rochester, MI 48307

Discover an exceptional investment opportunity at 406 S Main St, Rochester, MI! This versatile retail building/multi-unit space spans 3,350 sq ft and is available for $1,400,000. With an attractive average retail rent of $33 per sq ft, this property promises substantial returns. Situated on a 0.1610-acre lot with a 5,964 sq ft building, it features two multi-unit spaces on the second level. Current tenants include a 2-bedroom unit leased month-to-month at $900 for 20 years, and a 3-bedroom unit occupied until October at $1,595 per month. Recent upgrades like roof and electrical panel replacements within the last 5 years enhance the property's appeal and minimize maintenance costs. Don't miss this opportunity to invest in a well-maintained property with stable rental income and significant growth potential. Contact us today to learn more about 406 S Main St, Rochester, MI!

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All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Raphael Roufail of @properties Christie's Int'l R E Rochester

This listing last updated: Thu, July 18, 2024 at 6:40:24 PM EDT

MIRealSource Listing Data Last Updated On Wednesday, July 31 2024 at 4:10am