North Side Warehouse

Industrial for Sale
Sale Pending
Catylist Listing ID: 30763119
Property Subtypes: Free-Standing, Manufacturing, Light Industrial, Warehouse/Distribution
Status: Pending
Building Size (RSF): 12,084 SF
Gross Building Area: See Agent
Gross Land Area: 0.87 Acres
Sale Price: $340,000
Unit Price: $28.14 PSF
Ceiling: 10 ft.
Office SF: 800 SF
Drive In Bays: 1 Bay
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/2/2021

Overview / Comments

This warehouse was an auto body shop.. The property offers a 10x16 grade-level drive-in door directly off of Negley. The warehouse area is mostly open with a wall running down the middle of about half of the space, leaving 2 large open rooms, plus a large room in both front and back. The clear height in the warehouse are is 10 ft. minimum. They have 3-Phase 120-208V, 400 Amp electrical service. The office space has a reception area and two offices. They have a small fenced area for secure outside storage. There is also approx. 1/3 acre with a 2-car garage across the street for additional storage. That property was originally 2 residential lots and could be sold off, if not needed. There was a Phase II performed in July 2021 with satisfactory results.

Additional Details

Nearest MSA: Evansville
County: Vanderburgh
Tax ID/APN: 82-06-17-031-049.009-029 & 3 others
Property Located Between: A block north of Diamond Ave. and next to the SW Indiana Regional UPS hub.
Property Condition: Average
Year Built: 1975
Roof Type: Flat
Construction/Siding: Block
Parking Type: Surface
Parking Description: In front of office and across the street.
Overhead Cranes: Undisclosed
Amps: 400
Volts: 208
X-Phase: 3
Heat Type: Electricity, Natural Gas
Zoning Description: C-4
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,614 78,667 147,293
Median Age: 37.89 37.95 37.85
Households: 5,591 32,613 62,569

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