Light Warehouse/Manufacutiring/Office
Industrial
for Sale
| Catylist Listing ID: |
30752083 |
| Property Subtypes: |
Flex Space, Manufacturing, Mixed Use, Light Industrial, Office Showroom, Warehouse/Distribution
|
| Building Size (RSF): |
9,503 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
0.65 Acres
|
| Sale Price: |
$299,000 |
| Unit Price: |
$31.46 PSF |
| Ceiling: |
14 ft. |
| Docks/Doors: |
1 Dock, 2 Doors |
| Office SF: |
3,550 SF |
| Property Use Type: |
Vacant/Owner-User |
| Building Name: |
668 670 E FRANKLIN ST |
| Usable Size (USF): |
9,503 SF |
| Sale Terms: |
Cash to Seller, Other |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/18/2023 |
Overview / Comments
This mixed-use/manufacturing/warehouse building offers +/-9500 SFT. The building has +/-3500 SF of office/storefront space, 3 restrooms, 3-phase electric, loading dock, and three overhead doors. The entire property site is fenced and equipped with a security system. C-4 zoning.
The gated lot address is 310 N. Morton Ave
Previous M & S Fire and Safety Building
|
Financials
| Finance Data Year |
2022 |
| Real Estate Taxes - Annual($) |
$4,427 (Annual) |
| Tax Value Land |
$21,900 |
| Tax Value Improvements |
$127,300 |
| Assessed Value - Total($) |
$149,200 (Annual) |
| Potential Rental Income |
$22,500 (Annual) |
| Net Operating Income |
$6,920 (Annual) |
| Actual or Proforma Year |
Proforma |
Additional Details
| Nearest MSA: |
Evansville |
| County: |
Vanderburgh |
| Taxing Authority: |
Vanderburgh County |
| Tax ID/APN: |
82-06-20-024-002.013-029 |
| Zoning: |
C-4 |
| Property Located Between: |
E Franklin St and N Morton Ave. |
| Highway Access: |
Lloyd Expressway and Highway 41 access within less than 1/2 mile south and east respectively. |
| Airports: |
Evansville Regional Airport |
| Tenancy: |
Single Tenant |
| Total Number of Buildings: |
1 |
| Number of Stories: |
2 |
| Property Condition: |
Fair |
| Year Built: |
1912 |
| Roof Type: |
Flat |
| Parking Type: |
Other |
| Parking Description: |
Gravel, off-street, private and public paved section. |
| Overhead Cranes: |
Undisclosed |
| Amps: |
240 |
| X-Phase: |
Phase 3 |
| Heat Type: |
Space Heaters, Other |
| Heat Source: |
Ceiling Units, Other |
| Air Conditioning: |
Engineered System |
| Lighting: |
Fluorescent |
| Internet Access: |
Cable |
| Zoning Description: |
C-4 General Commercial |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Legal Description: |
SHANKLIN ENL PT L 13 & ALL LOTS 14 15 & 16
BL 2 & PT VAC ALLEY
KUHLMAN SUB OF SHANKLIN ENL LOTS 17-21
BLK 2 & PT VAC ALLEY |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
13,254 |
87,282 |
139,623 |
| Median Age: |
36.31 |
37.36 |
38.17 |
| Households: |
5,295 |
36,398 |
59,858 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Indiana Commercial Board of REALTORS® nor
Moody's assume any liability for errors or omissions.
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