Active

330 W TIENKEN Road

Rochester Hills MI, 48306

$1,800,000


$145.36 per sqft

Active

12,383 sqft

Commercial

Built in 1984

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.

20240058352

MLS ID

August 8, 2024

Listed

September 17, 2024

Updated

Map

330 W TIENKEN Road
Rochester Hills MI, 48306

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

2.47 Acres

School Information

School District

Rochester

Other Property Details

Area Name

Rochester Hills


Taxes

$28,035


Tax Frequency

Annually


Days on Market

1


Garage

No


View

No


County

Oakland


Pool

No


Zoning

Office

 

Courtesy of Keller Williams Paint Creek

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Data last updated 1:28 AM UTC, 9/17/2024

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