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1000 N Morton St 115,993 SF Industrial Building Portland, IN 47371 $4,400,000 ($37.93/SF)
INVESTMENT HIGHLIGHTS
- Former use: painting, injection molding and metalizing
- 5,000 Amp, 480 Volt 3-Phase
- 41,000 SF clear span warehouse space constructed in 2018
- Ceiling height 14' to 18' and 20' to 22'
- 6 loading docks; 8 drive-in doors
- 2,553 SF office space
EXECUTIVE SUMMARY
Discover an exceptional industrial opportunity at 1000 N Morton St in Portland, IN. This expansive 115,993 SF building, constructed in 1978, is ideally situated within the IND/Industrial District zoning. This property offers extensive space to facilitate manufacturing operations, storage, or distribution. With its impressive size, established infrastructure, and prime industrial zoning, this property is primed to fuel business growth and secure long-term success.
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $4,400,000 | Lot Size | 3.47 AC |
| Price Per SF | $37.93 | Rentable Building Area | 115,993 SF |
| Sale Type | Owner User | No. Stories | 1 |
| Property Type | Industrial | Year Built/Renovated | 1978/2018 |
| Property Subtype | Distribution | Tenancy | Single |
| Building Class | C | Parking Ratio | 0.12/1,000 SF |
| Zoning | IND/ Industrial District - Industrial | ||
| Price | $4,400,000 |
| Price Per SF | $37.93 |
| Sale Type | Owner User |
| Property Type | Industrial |
| Property Subtype | Distribution |
| Building Class | C |
| Lot Size | 3.47 AC |
| Rentable Building Area | 115,993 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1978/2018 |
| Tenancy | Single |
| Parking Ratio | 0.12/1,000 SF |
| Zoning | IND/ Industrial District - Industrial |
AMENITIES
- 24 Hour Access
UTILITIES
- Water
- Sewer
1 1
PROPERTY TAXES
| Parcel Number | 38-07-16-304-003.000-034 | Improvements Assessment | $664,200 |
| Land Assessment | $47,400 | Total Assessment | $711,600 |
PROPERTY TAXES
Parcel Number
38-07-16-304-003.000-034
Land Assessment
$47,400
Improvements Assessment
$664,200
Total Assessment
$711,600
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1000 N Morton St
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