For Sale
$249,900

405 Madison StRochester, IN 46975

Downtown Rochester Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
117
This 5,128 sq ft commercial building in downtown Rochester, IN, presents a compelling investment opportunity. Located at 405 Madison St, the property boasts three separate sections ideal for multiple rental streams, offering significant income potential. Key features include a new roof on the block section, emergency exits, smoke detectors, two restrooms, a laundry hookup, a shower, two heaters, and three commercial rolling doors with a convenient truck well for loading and unloading. The heated warehouse area features two 125 BTU furnaces, while the office space is climate-controlled with heating and air conditioning. Situated in a prime downtown location, this property benefits from high visibility and foot traffic, ensuring strong tenant attraction. Its proximity to local businesses, restaurants, and services further enhances its appeal. The 0.33-acre lot and versatile layout make this a rare find for investors seeking a strong return in a thriving Indiana market. This property offers a unique chance to expand your real estate portfolio with a well-maintained, multi-use building in a highly desirable location. The combination of modern updates, multiple rental possibilities, and strategic location makes this a truly exceptional investment opportunity.

Highlights

  • $249,900 asking price for this commercial building.
  • 5,128 square foot building located in Rochester, Indiana.
  • 0.33-acre lot.
  • Features include a new roof (on the block portion), emergency exits, smoke detectors, two restrooms, laundry hookup, shower, two heaters, and three commercial rolling doors with a truck well.
  • Three separate sections offer multiple rental opportunities, with heated warehouse space and air-conditioned/heated office space.
  • Prime downtown Rochester location with high visibility and easy access to local businesses and the industrial park.

Property Details for 405 Madison St

Property type
Square Feet
5,128 SF
Lot Size (sq. ft)
14,375 SF

Location Insight

City
Rochester
County
Fulton
State
Indiana
Latitude
41.070322
Longitude
-86.213905
405 Madison St, Rochester, Indiana

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405 Madison St
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