Industrial for Sale

Industrial for Sale
Catylist Listing ID: 30184705
Property Subtypes: Light Industrial, Warehouse/Distribution
Building Size (RSF): 5,000 SF
Gross Building Area: See Agent
Sale Price: $390,000
Unit Price: $78 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/8/2021

Overview / Comments

This is a wood frame, steel sided industrial shop building. Features include: Modified 400 SF shop office with bathroom and manager’s office, 400 Sf mezzanine for storage, 4,600 SF warehouse with 2 14’ drive thru bay’s, 16’ clear ceiling, dry sprinkler system with compressor, 2 floor drains, fenced/paved yard. This building has two power feeds with 3 phase electric with 480V. The building is somewhat visible from U.S. 41. Plenty more parking can be added to the south of the building with the extra vacant land. See the attached PDF on Why Indiana! The IEDC State marketing on all the great reasons why you should consider the move or expansion to this property.

Great Schererville location just 2 blocks north of U.S. 30 just east of the Volvo-Jaguar-Mercedes-Nissan-Fiat Dealership, near Menard's, Walmart, Teibel's and Strack & Van Til, BMW, Home Depot, Red Robin, Ciao Bella, Houlihan's, Hooter's and China Buffet. The property is located 6 miles south of I-80/94, 3 miles east of IN/IL border, 7 miles east of I-394 and 8 1/2 miles west of I-65. 2016 Traffic counts for U.S. 41 are 42,366 cars/day.

Additional Details

Nearest MSA: Chicago-Naperville-Elgin
County: Lake
Tax ID/APN: 45-11-09-351-003.000-036, and portion of 45-11-09-305-001.000-036

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,927 72,395 186,777
Median Age: 42.48 42.27 40.1
Households: 4,378 27,976 70,834

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