1111 US Highway 20
Industrial
for Sale
| Catylist Listing ID: |
30738269 |
| Property Subtypes: |
Free-Standing, Light Industrial
|
| Building Size (RSF): |
34,574 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
10 Acres
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| Sale Price: |
$2,000,000 |
| Unit Price: |
$57.85 PSF |
| Property Use Type: |
Business |
| Sale Terms: |
Undisclosed |
| Cap Rate: |
Undisclosed |
| Last Updated: |
5/30/2023 |
Overview / Comments
10 acre truck terminal/dispatch site consisting of 3 buildings. All buildings connected with underground conduit and fiber optics. On-site industrial sanitary sewer storage system with lift pump to send sewage to municipal system.
Building 1 (Main Office, Dispatch, Training, Sleeping Quarters) 8,358 square feet. Building is equipped with full back up power industrial generator system. The building is of brick design, with well-manicured landscaping, including small pond and picnic area for employees. Building has 400 amp, 3-phase, 240 volt electrical service.
Building 2 (Training, Sleeping Quarters, Maintenance and Repair Shop) 18,404 square feet. The building has 7 truck drive in doors east side of building, 5 truck doors on the west side of building with 5 drive through bays. On the north side of building there is 9 outside electrical hook ups for truck cab heaters. The training and sleeping quarters are two stores. The building is steel frame with concrete block and metal siding construction. Building has 600 amp, 3-phase, 240 volt electrical service with a 27 kva 480 volt step up 3-phase transformer.
Building 3 (tarp repair and storage) is wood frame metal siding and roof construction. The 7,488 square foot building is divided into two areas for tarp repair heated side, and unheated storage with two drive in truck doors. Truck terminal built in 1985 with additional buildings erected in 1998 and 2006.
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Additional Details
| Nearest MSA: |
Michigan City-La Porte |
| County: |
LaPorte |
| Tax ID/APN: |
46-05-06-400-007.000-046 |
| Highway Access: |
Located in the Southwest side of Michigan City, IN on the North side of US Highway 20, just 1.5 miles West of US-421 and 2.9 miles from I-94. The locations has close access to US-12, US-421, I-94, I-80 / 90 Indiana Toll Road. The Indiana Toll road I-80 / 90 is 8.3 miles away. Abundant national chain retail store and restaurants located within a 2 mile radius of site. |
| Tenancy: |
Single Tenant |
| Total Number of Buildings: |
3 |
| Year Built: |
1985 |
| Year Renovated: |
2006 |
| Zoning Description: |
M-1 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
4,739 |
30,516 |
42,055 |
| Median Age: |
36.45 |
38.62 |
40.06 |
| Households: |
1,909 |
11,586 |
16,604 |
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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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