Tool and die shop building for sale

Industrial for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 29967287
Property Subtypes: Food Processing, Free-Standing, Manufacturing, Mixed Use, Light Industrial, Warehouse/Distribution, Other
Building Size (RSF): 2,960 SF
Gross Land Area: 17,472 SF
Sale Price: $139,000
Unit Price: $46.96 PSF
Docks/Doors: 1 Door
Drive In Bays: 1 Bay
Property Use Type: Vacant/Owner-User
Usable Size (USF): 2,960 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/30/2017

Overview / Comments

UPDATE: PRICED REDUCED!
The property is now vacant and has been cleaned out!
Well built manufacturing building for sale, 100% heated and cooled throughout. Building size is 2960 sf. The arched roof is about 5 years old and has a rubber membrane surface.
Inside there is approx. 240 sf office space, including 2 offices, one restroom, and a storage room, all in excellent condition. The warehouse/shop area is approximately 2700 sf, including a separate restroom, kitchenette with free standing double stainless steel sink, lots of room for storage in mezzanine above the office space, 10+ ceiling height in the shop area. There is 200 amp 3-phase electrical plus a separate 100 amp service. There is one overhead door and is ground level.
Outside the property is surrounded by a very nice 7' chain link fence. There is approximately 7600 sf of gravel yard space within the fenced area, accessible through two 16' gates located on both ends of the property.

Financials

Finance Data Year 2016
Real Estate Taxes - Annual($) $3,383 (Annual)
Finance Data Year 2015
Real Estate Taxes - Annual($) $3,752 (Annual)
Finance Data Year 2013
Real Estate Taxes - Annual($) $3,747 (Annual)
Tax Value Land $34,900
Tax Value Improvements $83,700
Assessed Value - Total($) $118,600 (Annual)
Finance Data Year 2011
Real Estate Taxes - Annual($) $4,701 (Annual)
Tax Value Land $43,700
Tax Value Improvements $120,100
Assessed Value - Total($) $163,800 (Annual)
Finance Data Year 2010
Real Estate Taxes - Annual($) $4,602 (Annual)
Tax Value Land $43,700
Tax Value Improvements $125,900
Assessed Value - Total($) $169,600 (Annual)
Finance Data Year 2009
Real Estate Taxes - Annual($) $4,314 (Annual)
Tax Value Land $43,700
Tax Value Improvements $125,900
Assessed Value - Total($) $169,600 (Annual)

Additional Details

Nearest MSA: Evansville
County: Vanderburgh
Tax ID/APN: 82-06-16-017-024.020-027
Zoning: M-2
Highway Access: 2 blocks north of Diamond Ave (SR 66) and about 1/4 mile west of Hwy 41.
Area Description: Located in a quiet mixed neighborhood of commercial and residential.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1987
Year Renovated: 2000
Roof Type: Arched
Construction/Siding: Block
Parking Type: Surface
Parking Description: Off and on street
Sprinklers: None
Amps: 300
X-Phase: 3 phase
Heat Type: Electricity, Natural Gas
Heat Source: Central
Air Conditioning: Air Curtain
Lighting: Fluorescent
Internet Access: Cable
Zoning Description: M-2
Lot Frontage: 80'
Lot Depth: 140'
Sewer Type: Municipal
Legal Description: PT N1/2 N1/2 SW NW 16-6-10

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,738 82,607 153,957
Median Age: 37.92 38.15 38.25
Households: 4,064 34,471 65,305

Contact

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