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501 Main St 25,000 SF 100% Leased Office Building Rochester, IN 46975 $314,463 CAD ($12.58 CAD/SF)

Executive Summary
Great opportunity for investors and developers! Approx 27,500 sq ft above ground on 2 levels with 16 ft ceilings throughout main and 2nd story. Nearly 20k sq
ft on the main level with approx 14k sq ft over concrete slab and 6k over basement. 6k sq ft of main level has original hardwood floors. The large basement allows easy
access for utilities to be ran. The 2nd level is approximately 7500 sq ft with good elevator shaft and original hardwood throughout. New roof on 2nd level from 2022
along with asbestos removal comlpleted by a certified professional in 2021. Sale comes with construction prints with state approval, records of improvements, and
project management timeline and business planning data table.
ft on the main level with approx 14k sq ft over concrete slab and 6k over basement. 6k sq ft of main level has original hardwood floors. The large basement allows easy
access for utilities to be ran. The 2nd level is approximately 7500 sq ft with good elevator shaft and original hardwood throughout. New roof on 2nd level from 2022
along with asbestos removal comlpleted by a certified professional in 2021. Sale comes with construction prints with state approval, records of improvements, and
project management timeline and business planning data table.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
25,000 SF
Building Class
C
Year Built
1900
Price
$314,463 CAD
Price Per SF
$12.58 CAD
Percent Leased
100%
Building Height
2 Stories
Typical Floor Size
12,500 SF
Building FAR
0.87
Lot Size
0.66 AC
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Property Taxes
| Parcel Number | 25-07-92-203-012.000-009 | Improvements Assessment | $40,743 CAD |
| Land Assessment | $9,707 CAD | Total Assessment | $50,451 CAD |
Property Taxes
Parcel Number
25-07-92-203-012.000-009
Land Assessment
$9,707 CAD
Improvements Assessment
$40,743 CAD
Total Assessment
$50,451 CAD
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Presented by
Rochester Realty LLC
501 Main St
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