Active For Sale RetailIndustrial

1090 Rochester Rd

1090 Rochester Rd, Troy, MI, 48083

ID 26b18f91

Overview

RARE OPERATOR & DEVELOPER OPPORTUNITY: This fully remodeled commercial asset offers a high-visibility physical presence with nearly 300' of premium frontage along a booming commercial corridor. Perfect for immediate hospitality operations or lucrative high-density redevelopment. 4 Parcels included.TURN-KEY INFRASTRUCTURE & ASSETS INCLUDED: Fully remodeled restaurant, bar, & private party venue with fenced patio.Full sit-down bar, commercial kitchen, walk-in coolers, & security system.Massive parking lot for 87 vehicles + 2,000 sq ft basement storage. INCLUDED WITH SALE : All interior fixtures, improvements.ASSOCIATED LIQUOR LICENSE: Class C liquor license available with Sale for additional $150,000 added to price.PROVEN HISTORIC REVENUE & TRAFFIC BUILT IN: Historically generated nearly $300k annually in pure lottery revenue alone.Massive daytime traffic driven by major nearby employers like Flex-N-Gate, Restaurant Depot, and Big Beaver business hubs and Rochester Rd. receivs Traffic of 20,000 VPD at location.High residential support from surrounding neighborhoods & Rochester Commons Condos. Unbeatable regional access via minutes-away I-75 freeway and E. Maple Road. 20,000 V.P.D. on Rochester Road at location.MULTIPLE PATHS FOR MAXIMUM VALUE CREATION: City-approved for multiple alternative uses to maximize investor upside. Originally planned/engineered for a high-density, 62+ unit multifamily housing development.Exceptional land value for mixed-use retail, medical facility, or apartments.FLEXIBLE SELLER FINANCING ARRANGEMENTS: Highly motivated ownership group ensures a smooth transaction. LAND CONTRACT AVAILABLE with completely open,NEGOTIABLE TERMS! Bring your offer and capture exceptional regional returns today.Showings by appointment only with Listing Agent/Broker David Elwood - Epique Realty - COMMERCIAL.Sale with Liquor License Included is $1,350,000 or Property without Liquor License is $1,200,000. Has been Pre-approved site plan for 64+ Unit Multifamily.Contact David Elwood - Executive Director of Commercial & Business Brokering of Epique Realty & Epique CRE 248-923-4334 Office or 248-568-5958 MobileInterested parties to verify all use and zoning for their intended use.

Additional Information

City
Troy
State
MI
Zip Code
48083
Primary Uses
Retail, Industrial
Secondary Uses
Restaurant, Tavern/Bar/Nightclub, Multifamily, Retail
Zoning
IB
Zoning Description
Integrated Industrial And Business District
Vacant
Yes
Building Name
Former Field of Dreams Bar and Grill
Building Class
A
Floors
1
Year Built
1,956
Parking Spaces
100
Minimum Ceiling Height
10
Office SF
100 SF
Tenant
Vacant
Former Tenant
Field of Dreams Bar and Grill
Average Occupancy Rate
0%