1519 Main StRochester, IN 46975

Property Details for 1519 Main St

Year built

1995

Construction

WOOD

Lot size

0.44 AC

Property size (Sq ft)

3,520 SF

Property type

Office properties

Property subtype

Other office properties

APN

25-07-92-451-005.000-009

APU

250792451005000009

Description

This exceptional 3,520 square foot traditional office building is available for purchase at $325,000 ($92.33 per square foot). Located at 1519 Main Street in Rochester, Indiana (zip code 46975), this single-story, 1995-built property presents a compelling value-add opportunity. Currently vacant, the building offers significant potential for redevelopment or immediate occupancy. Situated on a prominent street, it enjoys convenient proximity to City Park and easy access to Interstate 31 (Southway 31), ensuring high visibility and convenient transportation links. The building itself is well-maintained and in good condition, reflecting its solid construction. The property is zoned DC and features the APN 25-07-92-451-005.000-009. This is an excellent chance to acquire a well-located commercial property in a thriving Indiana community. The building's size and location make it suitable for a variety of commercial uses. Serious inquiries are encouraged. Don't miss this opportunity to own a piece of Rochester's Main Street.

• CAP approach

  CAP return

  Valuation

  6%

  $662,045

  6.5%

  $611,119

  7%

  $567,467

• Comparable approach

  Method

  Valuation

  Relative Method

  $458,480

  Geo Method

  $458,480

• Alternative Use

  Use

  Valuation

  Residential

  $757,787

  Hospitality

  $694,129

  Educational

  $577,507

  Medical

  $597,368

  Retail

  $898,344

Location Insight

City

Rochester

County

Fulton

State

Indiana

Latitude

41.0576

Longitude

-86.2164

Property Tax & Assessments

FAQs

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