Map
Listed price in listed location currency (USD).
$395,000

000

MLS® 58050222497

Overview

Key Facts

Type 
Levels Land
Size -
Garage 
Taxes $4,840
Days Active 6
Lot Size 0.18 Acres
Approx. Age 
MLS® Number 58050222497

Property Address: 510 University Dr, Rochester, MI, 48307-1939

Average square foot calculated using Size range provided by listing agent.

Description

Development opportunity in Rochester! This vacant parcel offers a unique opportunity for a builder, developer, investor, professional office user or individual looking to build in a desirable Rochester location. The former residence has already been demolished, providing a cleared site ready for its next use. Existing water and sanitary sewer leads remain on the property, potentially eliminating some of the initial infrastructure work typically associated with developing vacant land. The property offers several potential development paths. The seller previously explored construction of a duplex on the site and completed a proposed site plan, which is included with the listing for prospective buyers to review. Depending on the buyer's intended use and applicable City approvals, the property also has potential for a new single-family residence or office development. The surrounding area includes both residential and office uses, giving this property an interesting combination of location and development flexibility. The attached existing-conditions plan identifies surrounding R-1 and O-2 zoning along the W. University Drive corridor. Whether you're a builder looking for your next residential project, an investor considering a duplex, or a business owner exploring a new office location, this property provides an opportunity to start with a cleared site in Rochester rather than taking on an existing structure and demolition. Highlights include: - Vacant and cleared development site - Former residence already demolished - Existing water lead remains on site - Existing sanitary sewer lead remains on site - Proposed duplex site plan available - Potential single-family residential use - Potential duplex development - Potential office development - Rochester location - Opportunity for builder, developer, investor or owner-user Seller has decided to offer the property for sale rather than move forward with development. Property is being sold as-is. Proposed plans are provided for informational purposes. Buyer and Buy
MLS® Number58050222497
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C

Extras

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