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

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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


Photograph of Listing Agent

Kenneth M. Newcomb, Jr.

F.C. Tucker Commercial ICREX Member
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