405 Madison StRochester, IN 46975

Property Details for 405 Madison St

Year built

1946

Construction

WOOD

Lot size

0.33 AC

Property size (Sq ft)

5,128 SF

Property type

Industrial properties

Property subtype

Other warehouses

APN

25-07-91-461-001.000-009

APU

250791461001000009

Description

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.

• Alternative Use

  Use

  Valuation

  Residential

  $1,103,958

  Hospitality

  $1,011,220

  Educational

  $841,323

  Medical

  $870,257

  Retail

  $1,308,724

Location Insight

City

Rochester

County

Fulton

State

Indiana

Latitude

41.0702

Longitude

-86.214

Property Tax & Assessments

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