This Industrial Property is Off-Market.

1225 Martin Luther King Drive
Gary, IN 46402 ·

149,000 SF · Industrial For Sale

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1225 Martin Luther King Drive Facility

Price N/A Year Built 1960
Building Size 149,000 SF Clear Ceiling Height 30 ft.
Property Type Industrial No. Dock-High Doors/Loading 2
Property Sub-type Manufacturing No. Drive In / Grade-Level Doors 12
Property Use Type Vacant/Owner-User Lot Size 40 AC
Cap Rate 11% Features
  • Fenced Yard
  • Trailer Parking
  • Cooling is available
  • Heating is available
  • Lighting is Available
  • Electricity/Power
  • Sprinklers
No. Stories 1
Listing ID: 14047614 Date Created: 11/01/2004 Last Updated: 01/10/2005

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.

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

Utilities

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

Research

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

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