Walnut Center - 117-119 Walnut Blvd Rochester, MI 48307 Explore an exceptional investment opportunity at Walnut Center in the heart of Downtown Rochester, Michigan. This multi-tenant office building is 100% occupied, boasting stable income with a Net Operating Income of $39,905. With long-term tenants locked in until 2028 and 2029,… Read More enjoy a hassle-free investment with minimal landlord responsibilities. The property features a brand-new parking lot and benefits from high traffic counts of over 40,000 vehicles per day. Situated in a prime location surrounded by retail, residential areas, and major national tenants, Walnut Center offers a lucrative investment in a thriving market. Take advantage of the strong lease terms with annual rent increases guaranteeing a solid return on your investment. Don't miss this opportunity to own a strategic piece of real estate in a bustling area, where the median household income within a one-mile radius is $117k. Invest in Walnut Center today and secure your future in the vibrant market of Detroit. Read Less
Courtesy of Brookstone, Realtors LLC.
Listing Snapshot
Days Online
96
Last Updated
Property Type
Commercial/Industrial
Square Ft.
2,000
Lot Size
0.09 Acres
Year Built
1997
MLS Number
50187489
30 Days Snapshot Of 48307
$218k
+20%
(avg) sold price
12
-42%
homes sold
50
+61%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
City/County, Class B
Amenities
Internet Available, Electric Available, Fixtures, Handicap Elevator, Interior Sprinkler, Lawn Sprinkler, Occupied, Reception Area, Restroom(s), Sprinkler System, Smoke/Fire Alarm
Building
2,000 square feet, Built in 1997, 1 to 4 Units
Cooling
Central A/C, HVAC
Exterior Features
Brick, Brick Front, Shingle, Security Lighting
Foundation
Slab
Water Features
Gas, Public Water
Heating
Forced Air, Natural Gas
Lot
0.09 acres, Lot size: 3659
Parking
6-10 Spaces
Property
Beauty/Barber Shop, Office, Professional Office
Roof
Shingles
Sewer
Public Sanitary
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