7,000 sf investment w/warehouse space

Industrial for Sale
Catylist Listing ID: 30754321
Property Subtypes: Warehouse/Distribution
Building Size (RSF): 7,000 SF
Gross Land Area: 0.31 Acres
Sale Price: $350,000
Unit Price: $50 PSF
Ceiling: 16 ft. / 14 ft. Clear
Docks/Doors: 1 Dock
Drive In Bays: 2 Bays
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Usable Size (USF): 7,000 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/17/2021

Overview / Comments

7,000 sf downtown investment property with warehouse space available. Half of building is leased until 12/31/21, providing steady rental income. Convenient downtown location with excellent visibility. Each suite has separately metered electric and water. Property has security system.

Additional Details

Nearest MSA: Fort Wayne
County: Allen
Tax ID/APN: 021201313012000074
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1980
Roof Type: Flat
Construction/Siding: Block
Eave Height: 14

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,145 97,612 201,808
Median Age: 31.05 32.08 34.24
Households: 6,086 37,916 81,217


Photograph of Listing Agent

John M Adams, CCIM

The Zacher Company ICREX Member
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