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1005 3rd St 62,672 SF Industrial Building Osceola, IN 46561 $2,750,000 ($43.88/SF)

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INVESTMENT HIGHLIGHTS

  • Adaptable Manufacturing Facilities for Sale

EXECUTIVE SUMMARY

This two building industrial complex offers a flexible layout with room for expansion or outdoor storage. The east building includes 38,672 SF with 2,400 SF of office space and a clear-span crane bay measuring 40 by 340 feet. It is equipped with two 7.5-ton cranes that run the full length of the building, eight 14’ tall overhead doors, radiant tube heat in the warehouse, and gas forced heat with central air in the office area. Most of the building has 20’ clear ceiling heights, with the rear section ranging from 13’ 4” to 16’ 7”. The building has 400A/480V/3Ph power, metal liner panel walls, compressed air lines, high-efficiency lighting, and an office layout that includes a lobby, conference room, break room, three offices, a plant office, and separate men’s and women’s restrooms. The west building contains 24,000 SF with 360 SF of office space. Built in 2015 with an addition in 2019, it has clear ceiling heights from 15‘ 8” to 19’ 7”, column/bay spacing 25’ x 60’, air-rotation heat, LED lighting, and five 14’ tall grade level overhead doors. It is powered by 200A/480V/3Ph service and includes two restrooms and a large office room. The property is fenced and gated with ample space for expansion or outdoor storage. An additional 5.89 acre parcel across the street is
available separately for $300,000.

PROPERTY FACTS

Price $2,750,000
Price Per SF $43.88
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Manufacturing
Building Class C
Lot Size 6.89 AC
Rentable Building Area 62,672 SF
No. Stories 1
Year Built 1966
Tenancy Single
Parking Ratio 0.48/1,000 SF
No. Drive In / Grade-Level Doors 8
Zoning L-1

AMENITIES

  • Fenced Lot

UTILITIES

  • Lighting - Metal Halide
  • Gas - Natural
  • Water
  • Sewer - Septic Field
  • Heating

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
71-10-17-278-004.000-030
Land Assessment
$110,900
Improvements Assessment
$370,800
Total Assessment
$481,700
  • Listing ID: 38744691

  • Date on Market: 12/11/2025

  • Last Updated:

  • Address: 1005 3rd St, Osceola, IN 46561

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