6890 E 700 S

Industrial for Sale
Also listed as Vacant Land
Catylist Listing ID: 30445090
Property Subtypes: Flex Space, Free-Standing, Manufacturing, Light Industrial, Warehouse/Distribution, Other
Building Size (RSF): 21,450 SF
Gross Building Area: See Agent
Gross Land Area: 131 Acres
Sale Price: $1,950,000
Unit Price: $90.91 PSF
Ceiling: 28 ft.
Docks/Doors: 4 Doors
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Last Updated: 1/11/2021

Overview / Comments

PRICE REDUCTION! Land and building now being offered at the reduced price of $1,950,000. The unique industrial building was constructed as part of a large green-build project and has many possible uses. Advance development work has already been completed. The interior of the Butler Steel building has not been completed pending decision by new owners. Built in 2012, it has 28' ceiling, is clear span, has eight overhead louvered air ventilation ducts, and four overhead doors (14' x 16'). Property has a 69,000 volt power line and a 10-inch natural gas line on the north side of the property and sewer connections within ┬╝ mile on the south side of the property. Land totals 131+/- acres. Soil borings and testing have been completed with no environmental hazards found. The property is zoned I-2 (Heavy Industrial) with rail access via Indiana Northeastern Railroad. The 1.6 acres of wet lands existing on the site have been delineated and approved.

Considerable advance development work has already been completed. This property has been designated a TIF Area (providing lower tax base with State and County development benefit opportunities). Property has Title V Air Permit (requires updating for buyer's specific business purpose). Property has the following Zone designations: Redevelopment, Economic Revitalization, HUB, and Foreign Trade. State and local officials have approved the Storm Water and Sewer Run-Off Plan.


Attachments & Media

Additional Details

Nearest MSA: Kendallville
County: Lagrange
Tax ID/APN: 44-09-32-100-003.000-013
Market Type: Small
Rail Access: Yes
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 2012
Construction/Siding: Steel Frame
Parking Type: Surface
Column Spacing: Clear
Overhead Cranes: Undisclosed

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 3,271 8,649
Median Age: 42.69 42.3
Households: 1,280 3,364
The information presented herein is provided as is, without warranty of any kind. Neither Indiana Commercial Board of REALTORS® nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.