304 Walnut St, Rochester, IL 62563
This exceptional commercial property in Rochester, Illinois, presents a rare opportunity for a single tenant. Located on Route 29 and South Walnut Street, this 3,500 square foot space boasts high visibility with over 15,000 cars passing daily. The property is zoned COMMERCIAL and features a single, 1,750 square foot unit available for lease. Each unit is designed for optimal efficiency and includes a 10-foot overhead door, a dedicated front office area, and a spacious rear warehouse. A 24-month lease is required at a rate of $2,350 per month. Longer-term lease options may be available at a discounted rate. The property's APN is 23-15.0-305-004. This is a single-tenant occupancy property, ideal for businesses seeking a high-traffic location with excellent road frontage. Don't miss this chance to establish your business in a thriving community. The property is categorized as Land, Office, and Industrial, offering a versatile space adaptable to various commercial needs. The building consists of one suite, providing a cohesive and efficient workspace.
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
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.