For Sale
1090 Rochester Road, Troy, MI 48083
$1,250,000
MLS # 20261026940 (Realcomp)
Built 19561.7 acres
1 / 63
Listing Description
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.
Source: SparkMLS
About this home
Asking $1,250,000.
Property tax estimate: $11,561 per year ($963/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeCommercial Sale
Bathrooms0
Lot Size1.7 acres
Year Built1956
Location
CityTroy
MunicipalityCity of Troy
Zip Code48083
CountyOakland
School DistrictTroy
Construction & Systems
ConstructionBrick
HeatingForced Air
WaterPublic
Sale & Financing
Listed4/19/2026
Source: SparkMLS
Tax Information
Annual Tax$11,561
State Equalized Value$450,160
Taxable Value$308,880
Parcel #2034276017
Source: Public Records
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Nathaniel Korkis
Summit Union Real Estate
Frequently Asked Questions about 1090 Rochester Road, Troy, MI 48083
What school district is 1090 Rochester Road, Troy, MI 48083 in?
Per MLS# 20261026940, this property is served by Troy. In Michigan, school district boundaries are set by the state and do not always follow city limits.
How much are property taxes for this home?
Per MLS# 20261026940, the most recent reported annual property tax for 1090 Rochester Road, Troy, MI 48083 is $11,561. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 1090 Rochester Road, Troy, MI 48083 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 1090 Rochester Road, Troy, MI 48083 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Water: Public. Confirm service details directly with providers.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Oakland County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
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Monthly payment$8,107
Principal & interest$8,107
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
1090 Rochester Road, Troy, MI 48083
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Municipality
Troy
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County
Oakland County
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