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    Main St Rockford, OH 45882

    For Sale
    $105,000

    Downtown Rockford, OH - Updated Commercial Space

    Property size:
    2,870 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional commercial property located at 0 S Main Street in Rockford, OH, presents a unique investment opportunity. The building boasts a total of 2,870 square feet and is currently partially occupied. The ground floor is leased to an established business operating under a current lease agreement, providing immediate and consistent rental income. The tenant has recently completed permitted updates to their space and intends to continue their lease. Upstairs, a sizable unfinished apartment offers significant potential for development. While some work has already been completed in the upstairs area, the space allows for considerable customization to suit a variety of uses, whether residential or commercial. This presents a chance to add value through renovation and expansion. The property's prime downtown Rockford location offers excellent visibility and accessibility. Showings are available after 4:00 PM daily, or after noon on Saturdays and Sundays, to ensure minimal disruption to the existing tenant. This property is priced competitively at $105,000, making it an attractive investment for those seeking a blend of immediate income and future development potential. The building's size and layout offer flexibility, making it suitable for a range of business ventures or mixed-use development. Don't miss this chance to acquire a well-located commercial property with strong income potential and significant upside. Serious inquiries only.

    Property Features for Main St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,870 SF

    Building Details

    Year Built
    1800
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Rockford
    County
    Mercer
    State
    Ohio
    Longitude
    -84.64639
    Latitude
    40.69154

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    Nearby Similar for Sale

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      Mixed-Use Property with Income Potential

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    FAQs

    What type of property is this?
    Commercial real estate - Downtown Rockford, OH - Updated Commercial Space
    Where is this commercial real estate located?
    The property is located at Main St Rockford, OH.
    What is the asking price?
    The asking price for this property is $105,000.
    (419) 586-2313
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    Main St Rockford, OH 45882
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Main St Rockford, OH 45882
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