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1090 Rochester Rd 4,046 SF Retail Building Troy, MI 48083 $1,200,000 ($296.59/SF)
Investment Highlights
- Features a fully remodeled bar and restaurant with a commercial kitchen, walk-in coolers, and a full sit-down bar.
- Offers parking for 87 vehicles and a security system with cameras for added safety.
- Approved for multiple uses by the city, with redevelopment opportunities including potential multifamily development over 100 units.
- Includes a private party venue, fenced outdoor patio, and approximately 2,000 square feet of basement storage.
- Located along busy Rochester Road with nearly 300 feet of street frontage, ensuring strong visibility.
- Sale includes all fixtures, improvements, and an existing liquor license, creating a turnkey opportunity with significant upside potential.
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
Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,046 SF
Building Class
B
Year Built/Renovated
1977/1994
Price
$1,200,000
Price Per SF
$296.59
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.70 AC
Zoning
IB - Commercial Zoned District
Parking
84 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
- Smoke Detector
Fairly walkable
50/100
Exceptionally drivable
90/100
Minimal public transit
10/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $360,720 |
Property Taxes
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$360,720
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Contact the Sale Advisor
1090 Rochester Rd