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Investment Highlights
- 46,000 square feet of industrial warehouse space for sale on 2.5 acres near I-65 in prime
Executive Summary
MAJOR PRICE REDUCTION! Just under 46,000 square feet of industrial warehouse space for sale on 2.5 acres near I-65 in prime, highly desired and central Crown Point location. Zoned I-1 (industrial) and can be suitable for a variety of users/uses. Main building features: 39,723 sq ft, with multiple cranes from traveling bridge cranes to jib cranes ranging from 1/2 ton all the way to 10 tons, heated warehouse, multiple overhead doors/drive-in bays, Electric: 800A,240/480v,3 phase, high ceiling heights 16 feet on the sides and 25 feet in the middle, fully finished offices w/forced air heat and air conditioning, employee kitchen area, locker rooms, break rooms, bathrooms and more. Rear building: 6,242 sq ft. Rear building built in: 1989, clear ceiling height 16 feet. Parcel # 45-16-04-301-006.000-042 is also included in the sale. Please see the attached documents showing more detailed information on the cranes and also a list of personal property being offered for sale.
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $3,900,000 | Rentable Building Area | 45,966 SF |
| Price Per SF | $84.85 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1965 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 0.65/1,000 SF |
| Building Class | C | Clear Ceiling Height | 16’ |
| Lot Size | 2.50 AC | No. Drive In / Grade-Level Doors | 6 |
| Zoning | I-1 - Industrial | ||
| Price | $3,900,000 |
| Price Per SF | $84.85 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 2.50 AC |
| Rentable Building Area | 45,966 SF |
| No. Stories | 1 |
| Year Built | 1965 |
| Tenancy | Single |
| Parking Ratio | 0.65/1,000 SF |
| Clear Ceiling Height | 16’ |
| No. Drive In / Grade-Level Doors | 6 |
| Zoning | I-1 - Industrial |
Amenities
- Security System
- Smoke Detector
Utilities
- Lighting
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
Property Taxes
| Parcel Number | 45-16-04-301-006.000-042 | Total Assessment | $1,668,800 (2025) |
| Land Assessment | $391,100 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $1,277,700 (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
45-16-04-301-006.000-042
Land Assessment
$391,100 (2025)
Improvements Assessment
$1,277,700 (2025)
Total Assessment
$1,668,800 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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