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    320 8Th St Rochester, IN 46975

    For Sale
    $160,000

    Prime location, versatile space, move-in ready.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional 1408-square-foot commercial building at 320 E 8th Street in Rochester, Indiana, presents a fantastic opportunity for a variety of businesses. Situated on a 0.06-acre lot just east of Main Street, this property boasts excellent visibility thanks to a large display window. The interior is in excellent condition and features attractive finishes including tiled floors and crown molding throughout. A built-in reception desk provides a professional welcome area, while separate office space offers privacy for individual work or client meetings. Additional storage is available in a dedicated room complete with a utility sink. The building's versatility is highlighted by its previous uses as both a beauty shop and a law office, demonstrating its adaptability to diverse business needs. Significant improvements have been made in recent years, including a new roof installed in 2017, and new vinyl siding, gas furnace, and central air conditioning system in 2019. This move-in ready property is priced competitively at $160,000 and offers a compelling investment opportunity in a desirable location. Don't miss this chance to secure a prime commercial space in the heart of Rochester.

    Property Features for 320 8Th St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    2,614 SF

    Building Details

    Year Built
    1984
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Salon 708 Hair Salon Heller Law Office Family Law Attorney

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Fulton
    State
    Indiana
    Longitude
    -86.21267
    Latitude
    41.06617

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    FAQs

    What type of property is this?
    Commercial real estate - Prime location, versatile space, move-in ready.
    Where is this commercial real estate located?
    The property is located at 320 8Th St Rochester, IN.
    What is the asking price?
    The asking price for this property is $160,000.
    (574) 223-4301
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    320 8Th St Rochester, IN 46975
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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
    320 8Th St Rochester, IN 46975
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