Industrial Complex For Sale

Undisclosed Address, Columbus, IN 47203
Industrial for Sale
Catylist Listing ID: 30754910
Property Subtypes: Warehouse/Distribution
Building Size (RSF): 247,571 SF
Gross Land Area: 20 Acres
Sale Price: $7,850,000
Unit Price: $31.71 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/14/2021

Overview / Comments

Now available is a rare opportunity to purchase an existing industrial complex in South Central Indiana.

The buildings total over 247,000 square feet. They are high quality construction and have been very well maintained. The buildings feature fire sprinkler protected with ESFR wet system, high-bay T8 fluorescent lighting, and most have 6” wall and ceiling insulation packages. The building construction and insulation packages provide a very low cost temperate building environment. The ceiling heights are 20’-22’ feet. Floor depths are 6” to 8”.

The 20 acre site is fully fenced, with large capacity gas, water, and electric supply.

The complex is centrally located and easily accessible for heavy semi/truck use. There are a total of 12 docks at the facility. Eight of the docks feature Kelly brand, 50,000 lb. capacity dock plates with Star trailer restraints.

The future use could incorporate some/all of the existing tenant income, be fully occupied by the buyer, or a hybrid of these options. Adjacent land can be acquired with this property to allow for significant expansion if desired.

Additional Details

Tax ID/APN: 03-96-04-000-000.100-004
Zoning: I-2 (INDUSTRIAL: MEDIUM)
Total Number of Buildings: 4
Number of Stories: 1

Contact

Photograph of Listing Agent

Tara James (Board), CCIM

Breeden Commercial ICREX Member
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