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Property profile & analytics
OFF-MARKET
Office Spaces

305 Main St Rockport, IN 47635-1417

2,052 SF 0.14 ac lot Built 2000
Individually Owned 7-yr Hold Free & Clear
Property ID
US31-1446059
Property summary
AI-generated overview

This exceptional investment opportunity encompasses four distinct commercial buildings nestled in the heart of Historic Downtown Rockport, Indiana. The portfolio totals nearly 20,000 square feet of space and sits on a combined 0.58-acre lot. The centerpiece is 305 Main Street, a recently updated, approximately 2,000 square foot building boasting modern electrical systems and handicap accessibility. This building previously served as the Rockport branch of the DMV. Adding significant warehouse space is 315 North 3rd Street, a nearly 13,000 square foot building featuring decorative brickwork and a substantial lot at the rear. For smaller-scale operations, 112 North 3rd Street offers approximately 1,100 square feet with convenient side parking. Finally, 309 Main Street, the former Wetzels cafe, presents approximately 4,000 square feet, including a charming tin ceiling and original living quarters upstairs. All four properties are being sold as a single package

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 2000
Construction WOOD
Total area 2,052 SF
Lot 0.14 ac (6,270 SF)
APN 74-15-26-201-149.000-018
UPID US31-1446059
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Tim Bosecker · 7 yrs held
Tim Bosecker
since 2018
1 recorded transaction
2018
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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