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$249,900
Est. payment /mo
0.33 Acres Lot
Active
405 Madison Street Rochester, IN 46975
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UPDATED:
01/02/2025 07:39 AM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202421482
Year Built 1946
Annual Tax Amount $1,429
Tax Year 2023
Lot Size 0.330 Acres
Property Description
Building Total Area: 5,128 sq ft Key Features: New roof on block portion of the building, emergency exits, smoke detectors, 2 restrooms, 1 laundry hookup, 1 shower, 2 heaters, three commercial rolling doors and the truck well for loading/unloading. Rental Potential: 3 separate sections for multiple rental opportunities, BTUs furnaces for a heated warehouse (125 BTUs each), office space is air conditioned and heated Prime Location Located in downtown Rochester, IN, this property is easily accessible and close to local businesses, restaurants, and services. The central location ensures high visibility and foot traffic, ideal for attracting tenants. Its easy access to downtown business district and the industrial park area Investment Opportunity This versatile property offers excellent rental potential with its three distinct sections. Its modern updates and strategic downtown location make it a prime investment opportunity in Rochester's bustling business district. Don't miss out on this unique chance to enhance your real estate portfolio.
Location
State IN
County Fulton County
Area Fulton County
Direction Head south on Main Street down town Rochester to 4th street. Then head east on 4th street and property is on the corner of 4th street and Madison St.
Interior
Flooring Concrete
Appliance Building
Exterior
Roof Type Metal
Building
Story 1
New Construction No
IDX information provided by the Indiana Regional MLS
Listed by Brecken Kennedy • Mossy Oak Properties/Indiana Land and Lifestyle
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