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1090 Rochester Rd
Troy, MI 48083
Retail Property For Sale

Executive Summary

This property presents an outstanding opportunity to revive a fully remodeled bar, restaurant, and private party venue with significant upside potential. The building includes a full sit-down bar, commercial kitchen, walk-in coolers, fenced patio area, approximately 2,000 square feet of basement storage, security system with cameras, and parking for 87 vehicles. All fixtures, improvements, and liquor license are included in the sale. Situated on busy Rochester Road with nearly 300 feet of frontage, the site also offers exceptional redevelopment potential. The property has been approved by the city for multiple uses; please contact for additional information regarding approved uses and redevelopment possibilities. The property previously generated substantial lottery revenue, with Norm’s Field of Dreams Lottery reportedly producing nearly $300,000 annually at its peak before the original owners acquired the property and never reopened it. The site was also originally planned for a 100+ unit multifamily development, creating a rare opportunity for an investor, developer, or operator seeking a high-visibility location with multiple paths for value creation. LAND CONTRACT AVAILABLE. ALL TERMS ARE NEGOTIABLE.

Property Facts

Sale Type
Investment or Owner User
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,046 SF
Building Class
B
Year Built/Renovated
1977/1994
Price
$1,250,000
Price Per SF
$308.95
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.70 AC
Zoning
IB
Parking
84 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
245’ on Rankin Dr

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 20-34-276-004
  • 20-34-276-003
  • 20-34-276-018
  • 20-34-276-017
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$360,720
  • Listing ID: 40221884

  • Date on Market: 4/20/2026

  • Last Updated:

  • Address: 1090 Rochester Rd, Troy, MI 48083

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