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Property profile & analytics
OFF-MARKET
Office Spaces

320 8th St Rochester, IN 46975-1608

1,408 SF 0.06 ac lot Built 1984
Entity Owned Absentee Owner Free & Clear
Property ID
US31-1094108
Property summary
AI-generated overview

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 profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1984
Construction WOOD
Total area 1,408 SF
Lot 0.06 ac (2,439 SF)
APN 25-07-92-210-008.020-009
UPID US31-1094108
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
Current use
Occupant on record · Public records
  • Salon 708 Hair Salon
  • Heller Law Office Law Firm Child Welfare Organization
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
JURIS LLC
JURIS LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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