Share This Listing

Message

958 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • Heavy power capacity with 1,600 amps supporting industrial operations.
  • Mezzanine offices featuring new carpet, conference space, reception area, and kitchenette.
  • Fresh epoxy-coated concrete floors, LED lighting, wet sprinkler system, and upgraded HVAC.
  • Two dock-high doors with automatic levelers plus an oversized overhead door for loading flexibility.
  • Unique 1950s-style Hollywood Diner with memorabilia and full-service dining accommodations.
  • Located in Cromwell Industrial Park with rural site advantages and access to major regional markets.

Executive Summary

This unique 33,500 sq. ft. industrial flex property in Cromwell, Indiana, presents a compelling owner-user or investment opportunity. The facility is equipped with 20-foot ceiling heights, heavy power capabilities with 1,600 amps, and robust transportation access along Indiana State Road 5. The property sits on approximately 3.25 acres within Cromwell Industrial Park, offering rural advantages such as reduced congestion and easy truck navigation while maintaining connectivity to major highways, including proximity to U.S. Route 33 and regional destinations like Fort Wayne (35 miles) and South Bend (50 miles).
Constructed with steel truss framing and decorative steel walls, the building features fresh epoxy-coated concrete floors, two 10-foot docks with automatic levelers, and a 14-foot overhead door. Additional amenities include a mezzanine with open office layout, conference rooms, and a distinctive 1950s-themed Hollywood Diner—ideal for corporate dining or themed events. Infrastructure highlights include municipal water/sewer, NIPSCO gas and power, upgraded LED lighting, wet sprinkler system, and ground-level Thermo-Cycle heating with ventilation. This asset offers significant versatility for manufacturing, distribution, or a specialized industrial campus and represents strong long-term utility with distinctive amenities.

Property Facts

Price $2,990,000
Price Per SF $89.25
Sale Type Investment or Owner User
Sale Condition Lease Option
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 3.25 AC
Rentable Building Area 33,500 SF
No. Stories 2
Year Built 1991
Tenancy Single
Parking Ratio 2.39/1,000 SF
Clear Ceiling Height 20’
No. Dock-High Doors/Loading 2
No. Drive In / Grade-Level Doors 1
Zoning Industrial - Industrial

Utilities

  • Lighting - Metal Halide
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 30,000 SF
  • Industrial
  • Full Build-Out
  • Jun 2026

Fully Renovated suitable for warehouse, manufacturing with with heavy power installed. SEE BROCHURE

  • Mezzanine
  • 3,500 SF
  • Industrial
  • Full Build-Out
  • Jun 2026

Fully Renovated suitable for warehouse, manufacturing with with heavy power installed. SEE BROCHURE

Space Size Space Use Build-Out Available
1st Floor 30,000 SF Industrial Full Build-Out Jun 2026
Mezzanine 3,500 SF Industrial Full Build-Out Jun 2026

1st Floor

Size
30,000 SF
Space Use
Industrial
Build-Out
Full Build-Out
Available
Jun 2026

Mezzanine

Size
3,500 SF
Space Use
Industrial
Build-Out
Full Build-Out
Available
Jun 2026

1st Floor

Size 30,000 SF
Space Use Industrial
Build-Out Full Build-Out
Available Jun 2026

Fully Renovated suitable for warehouse, manufacturing with with heavy power installed. SEE BROCHURE

Mezzanine

Size 3,500 SF
Space Use Industrial
Build-Out Full Build-Out
Available Jun 2026

Fully Renovated suitable for warehouse, manufacturing with with heavy power installed. SEE BROCHURE

Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
571616400150000016
Land Assessment
$166,600
Improvements Assessment
$1,331,400
Total Assessment
$1,498,000
  • Listing ID: 40304351

  • Date on Market: 4/27/2026

  • Last Updated:

  • Address: 111 Industrial Drive, Cromwell, IN 46732

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}