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501 Main St 27,500 SF Office Building Rochester, IN 46975 $230,000 ($8.36/SF)
Investment Highlights
- Construction prints with state approval, records of improvements, and project management timeline and business planning data table included
- Flexible floorplan
- Large 4,000 square foot basement makes running utilities easy
- Owner-user or investment development opportunity
Executive Summary
Great opportunity for investors and developers! Approximately 27,500 sq ft above ground on 2 levels with 16' ceilings throughout both stories. Hardwood floor covers 6,000 square feet of the main floor. The large basement allows easy access for utilities to be ran. The second level is approximately 7,500 square feet with good elevator shaft and original hardwood throughout. New roof on second level from 2022, along with asbestos removal completed by a certified professional in 2021.
Sale comes with construction prints with state approval, records of improvements, and project management timeline and business planning data table.
Sale comes with construction prints with state approval, records of improvements, and project management timeline and business planning data table.
Property Facts
Sale Type
Owner User
Property Type
Office
Building Size
27,500 SF
Building Class
C
Year Built
1900
Price
$230,000
Price Per SF
$8.36
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
13,750 SF
Building FAR
0.96
Lot Size
0.66 AC
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Fairly walkable
40/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 25-07-92-203-012.000-009 | Improvements Assessment | $29,800 |
| Land Assessment | $7,100 | Total Assessment | $36,900 |
Property Taxes
Parcel Number
25-07-92-203-012.000-009
Land Assessment
$7,100
Improvements Assessment
$29,800
Total Assessment
$36,900
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Rochester Realty LLC
501 Main St
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