Historical Industrial Sale Listing - 1225 Martin Luther King Drive Facility

Industrial For Sale

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1225 Martin Luther King Drive Facility

1225 Martin Luther King Drive, Gary, IN 46402

N/A

149,000 SF | Industrial

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Industrial Property - Off Market

Price:
N/A
Building Size:
149,000 SF
Property Type:
Industrial
Property Sub-type:
Manufacturing
Property Use Type:
Vacant/Owner-User
Cap Rate:
11%
No. Stories:
1
Year Built:
1960
Clear Ceiling Height:
30 ft.
Dock-High Doors/Loading:
2
Drive In/Grade-Level Doors:
12
Lot Size:
40 AC
Listing ID
14047614
Last Updated
over 1 year ago

Utilities

  • Fenced Yard
  • Trailer Parking
  • Cooling is available
  • Heating is available
  • Lighting is Available
  • Electricity/Power
  • Sprinklers

Highlights

  • Excellent Location
  • Priced below other comparable properties
  • Excellent investment Return
  • Ideal for manufacturing or warehouse operations
  • Well built and well maintained property
  • Single entry point with guard house

Description

149,000 Manufacturing facility 40 acres/ 4 buildings. Main facility: 117,000 SF with shop ofice and locker rooms; second building: 22,000 SF with lunch room and locker room; storage facility: 7,000 SF; main office: 3,000 SF. Ceiling hights from 17' - 50'. Parking for over 100 cars. 4 acres paved outside storage.

The property is available as an outright Sale or as a Sale/Lease-back. The owner has been in business for 22 years and is profitable.

The property is located in an industrial area of Gary, IN, less than 1 mile from I80/94, I90, and I65.

Map of 1225 Martin Luther King Drive, Gary, IN 46402 (Lake County)

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Created 11/1/2004