1315 Read Street
Industrial
for Sale
Sale Pending
| Catylist Listing ID: |
30796751 |
| Property Subtypes: |
Flex Space, Industrial-Business Park, Manufacturing, Mixed Use, Light Industrial, Warehouse/Distribution, Other
|
| Status: |
Pending |
| Building Size (RSF): |
263,015 SF
|
| Gross Land Area: |
7.35 Acres
|
| Sale Price: |
$2,400,000 |
| Unit Price: |
$9.12 PSF |
| Ceiling: |
30 ft. / 14 ft. Clear |
| Docks/Doors: |
5 Docks |
| Property Use Type: |
Investment |
| Building Name: |
Garvin Business Center |
| Usable Size (USF): |
167,362 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Average Occupancy Rate: |
96 |
| Last Updated: |
5/20/2022 |
Overview / Comments
|
Extra lot at 1610 Read Street (N.W. corner of Read Street and Morgan Avenue). Rent roll, income, and lease terms available by signing confidentiality and non-disclosure agreement. 96% occupied.
|
Additional Details
| Nearest MSA: |
Evansville |
| County: |
Vanderburgh |
| Tax ID/APN: |
82-06-19-027-001.001-029 |
| Zoning: |
M-2, M-3 |
| Property Located Between: |
Morgan Avenue & Read Street |
| Tenancy: |
Multiple Tenants |
| Total Number of Buildings: |
1 |
| Number of Stories: |
2 |
| Typical SF / Floor: |
167,362 SF |
| Property Condition: |
Fair |
| Year Built: |
1939 |
| Construction/Siding: |
Block, Steel Frame |
| Parking Type: |
Surface |
| Overhead Cranes: |
Undisclosed |
| Sprinklers: |
Other |
| Zoning Description: |
M-2, M-3 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
13,984 |
82,560 |
140,729 |
| Median Age: |
38.15 |
37.31 |
37.82 |
| Households: |
5,986 |
34,322 |
60,059 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Indiana Commercial Board of REALTORS® nor
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