405 Madison St Rochester, IN 46975-1129
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.
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Compu Child Services of America Inc Vocational School Training Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.