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111 E Broad St 117,004 SF Industrial Building South Whitley, IN 46787 $2,995,000 ($25.60/SF)



Investment Highlights
- Ideal property for owner-user with in-place income from 2 tenants producing $140,000 NOI for 2025 and 2026 projected to be $175,000
- Amenities include: partial air conditioned, air compressor lines, new heaters, LED lights, surge protection, fully sprinkled
- Office: 20,000 SF, 2 Floors, private offices, retail floor, may be separated from warehouse
- Heavy power (2,500 Amp/208 Volt, 3-Phase)
- Warehouse: 97,004 SF, 4 Docks, 5 Overhead doors, 20'x30' Column Spacing, and 12'-16' ceilings
Executive Summary
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2025) 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
Amenities
- Atrium
- Signage
- Storage Space
- Air Conditioning
Utilities
- Gas - Natural
- Water - City
- Sewer - City
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
WAREHOUSE: Warehouse: 97,000 SF / Overhead Doors: (2) 10'x16', (1) 10'x8', (1) 10'x10', (1) 10'x12' / Dock Doors: (2) 8'x8', (1) 8'x10', (2) Restrooms UTILITIES: 2 Electrical Feeds, 2,500 Amp/208 Volt, 3-Phase, Partial Air Condition, Suspended Gas Heaters OFFICE: 20,000 SF and 2-Story Private Offices, Conference Rooms, Break Room, Work Areas, Retail Floor, (4) Restrooms
Retail store front with restrooms, warehouse, and offices.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 65,500 SF | Industrial | Full Build-Out | Now |
| 1st Fl-Ste Office | 10,458 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste Retail | 9,546 SF | Retail | Full Build-Out | Now |
1st Floor
| Size |
| 65,500 SF |
| Space Use |
| Industrial |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste Office
| Size |
| 10,458 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste Retail
| Size |
| 9,546 SF |
| Space Use |
| Retail |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size | 65,500 SF |
| Space Use | Industrial |
| Condition | Full Build-Out |
| Available | Now |
WAREHOUSE: Warehouse: 97,000 SF / Overhead Doors: (2) 10'x16', (1) 10'x8', (1) 10'x10', (1) 10'x12' / Dock Doors: (2) 8'x8', (1) 8'x10', (2) Restrooms UTILITIES: 2 Electrical Feeds, 2,500 Amp/208 Volt, 3-Phase, Partial Air Condition, Suspended Gas Heaters OFFICE: 20,000 SF and 2-Story Private Offices, Conference Rooms, Break Room, Work Areas, Retail Floor, (4) Restrooms
1st Fl-Ste Office
| Size | 10,458 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
1st Fl-Ste Retail
| Size | 9,546 SF |
| Space Use | Retail |
| Condition | Full Build-Out |
| Available | Now |
Retail store front with restrooms, warehouse, and offices.
Property Taxes
| Parcel Number | 92-08-04-118-005.900-002 | Improvements Assessment | $225,000 (2024) |
| Land Assessment | $176,100 (2024) | Total Assessment | $401,100 (2024) |
Property Taxes
Presented by
111 E Broad St
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