Main St Rockford, OH 45882
- Commercial real estate
- 2,870 SF
Current Use by Public Records
- Commercial real estate
Property Details for Main St
- Year built
- 1800
- Property size
- 2,870 SF
- Property type
- Commercial real estate
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rockford
- County
- Mercer
- State
- Ohio
- Longitude
- -84.6464
- Latitude
- 40.6915