712 Main Street

Description

Seller financing may be available. Commercial property with over 15,000 sq ft of real estate. Many opportunities to have you business situated in the heart of Rochester, IN. This building can be split down the middle with their own entrances, or left wide open. Currently, this property holds a 111 (beer and wine) liquor license which is transferable and could be expandable (to liquor, beer, and wine). Two residential rentals on the second floor, one has recently been updated (very little needs to be completed, 1 bd/1ba), the other could use updating(2bd/1ba). Third floor is open to any possibilities. Basement storage area, with 2 separate units with exterior entrances. The basement unit to the south has a half bath, this unit would be great for a barber shop or small business. The north unit currently looks like a residential unit but would need significant updating, or could be turned into anything. However, there are concrete steps leading down for both those units. This is in the historic district. Maybe could qualify for tax abatement, up to buyer to look into. $40,000 Hi Tek Insulated PVC roof was placed in 2021 over main building with 20 year guarantee transferable warranty (Energy Efficient Roofing LLC - Walkerton), along with upgrades to 3 phase electric (All old wiring has been terminated for insurance), $10,000 industrial grade gas lines upgrade with an oversized meter, $30,000 HVAC, & all plumbing on main floor upgraded to PEX. The entire first floor is ready to be finished out for a restaurant, all kitchen appliances can stay.