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

Attachments & Media

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

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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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