Governor St Warehouse

Industrial for Sale
Catylist Listing ID: 30802418
Property Subtypes: Manufacturing, Light Industrial, Warehouse/Distribution
Building Size (RSF): 29,600 SF
Gross Land Area: 1.11 Acres
Sale Price: $595,000
Unit Price: $20.10 PSF
Ceiling: 18 ft.
Docks/Doors: 1 Dock, 4 Doors
Drive In Bays: 3 Bays
Property Use Type: Investment, Business
Usable Size (USF): 29,600 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/17/2023

Overview / Comments

A centrally located +/- 29,000 SF warehouse opportunity for sale. The property is on 1.11 acres and comprises small office space and ample warehouse space with a sprinkler system throughout. The building offers three drive-in doors and 1 dock height loading bay. The building has a well-maintained functional freight elevator to access the second-floor storage area.

Financials

Finance Data Year 2022
Real Estate Taxes - Annual($) $4,283 (Annual)
Tax Value Land $40,900
Tax Value Improvements $101,700
Assessed Value - Total($) $142,600 (Annual)

Additional Details

Nearest MSA: Evansville
County: Vanderburgh
Taxing Authority: Vanderburgh County
Tax ID/APN: 82-06-20-025-073.001-029
Property Located Between: N Governor & E Missouri
Airports: Evansville Regional Airport
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Fair
Year Built: 1965
Roof Type: Flat
Freight Elevators: 1
Overhead Cranes: Undisclosed
Sprinklers: Wet
Volts: 460
X-Phase: 3-Phase
Heat Type: Electricity, Space Heaters
Heat Source: Ceiling Units
Lighting: LED, Fluorescent
Internet Access: Cable
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Legal Description: VANDERBURGH ADD LOTS 1 THRU 11 & ADJ 1X175 FT VAC GOVERNOR ST & 1X129 FT VAC E MISSOURI ST BL 11

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,710 84,815 138,802
Median Age: 36.66 37.49 37.96
Households: 5,530 35,173 59,684
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