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Key Details
Sold Price $2,710,000
Property Type Commercial
Sub Type Warehouse
Listing Status Sold
Purchase Type For Sale
Subdivision None
MLS Listing ID 202115375
Sold Date 10/08/21
Year Built 1964
Annual Tax Amount $41,781
Tax Year 2017
Lot Size 30.800 Acres
Property Description
200,645 SF on 30.44 acres (fully fenced) for sale or lease. $260,000 in NOI - a 9.45% cap rate on in-place NOI. Very clean and in excellent condition. Many upgrades: T-8 lighting, bridge cranes, well-maintained roofs, acres of parking and outdoor storage areas recently paved/stoned. Rail served by the Indiana Rail Road. Partially leased by AECOM, Pioneer, and EPSI. Almost $4 million invested in the building in the last 15 years! Offering price: For sale: $2,750,000 ($13.71 PSF) For lease: $3.00/SF NNN
Location
State IN
Area Greene County
Zoning Unknown
Direction State road 54 to 12th street. South on 12th Street. Building is on the east side of street just past the railroad tracks.
Interior
Flooring Concrete
Appliance Building, Land, Lease
Exterior
Waterfront No
Roof Type Metal,Rubber
Parking Type 2 large parking areas
Building
Story 1
New Construction No
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IDX information provided by the Indiana Regional MLS
Bought with Dave Harstad • Colliers International
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