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204 Washington st 11,765 SF 100% Leased Industrial Building Frankton, IN 46044 $399,000 ($33.91/SF)



Investment Highlights
- Zoned I-1 Light Industrial
- 11,765 SF
- Move in ready
- 3 Building complex
- Equipment & Office Furniture included
Executive Summary
This well-kept 3 building complex is zoned I-1 Industrial. For the past two decades, it has been the home of E&M Machining. A total of 11,765 sf.
Bldg 204: 5,000 sf with a concrete floor which has handled a 23,000 lb laser. Includes 2 air compressors and 3 hoists. 768 sf office wing (furniture included) plus 2 lockable storage rooms. 240v 3 phase. 14' overhead door. Upstairs is a large apartment. Additional space upstairs for expansion.
Bldg 206: 1680 sf welding shop/garage with restroom. 110/220v. Includes air compressor with drying system. 1 overhead door.
Bldg 110: 3600 sf warehouse with 25' clear ceiling height. New 440v electric panel. Locked gas storage tank area. 2 large overhead doors suitable for semi's.
Easy access to Hwy 37 and I-69, and to all of the Indianapolis Metro area. Great opportunity for private investor or owner-operator. Hey, come check this one out!
Bldg 204: 5,000 sf with a concrete floor which has handled a 23,000 lb laser. Includes 2 air compressors and 3 hoists. 768 sf office wing (furniture included) plus 2 lockable storage rooms. 240v 3 phase. 14' overhead door. Upstairs is a large apartment. Additional space upstairs for expansion.
Bldg 206: 1680 sf welding shop/garage with restroom. 110/220v. Includes air compressor with drying system. 1 overhead door.
Bldg 110: 3600 sf warehouse with 25' clear ceiling height. New 440v electric panel. Locked gas storage tank area. 2 large overhead doors suitable for semi's.
Easy access to Hwy 37 and I-69, and to all of the Indianapolis Metro area. Great opportunity for private investor or owner-operator. Hey, come check this one out!
Property Facts
| Price | $399,000 | Lot Size | 0.76 AC |
| Price Per SF | $33.91 | Rentable Building Area | 11,765 SF |
| Sale Type | Investment or Owner User | No. Stories | 2 |
| Property Type | Industrial | Year Built | 1988 |
| Property Subtype | Warehouse | Clear Ceiling Height | 25’ |
| Building Class | C | ||
| Zoning | I-1 | ||
| Price | $399,000 |
| Price Per SF | $33.91 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.76 AC |
| Rentable Building Area | 11,765 SF |
| No. Stories | 2 |
| Year Built | 1988 |
| Clear Ceiling Height | 25’ |
| Zoning | I-1 |
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
Property Taxes
| Parcel Number | 48-05-31-304-025.000-028 | Improvements Assessment | $71,500 |
| Land Assessment | $12,000 | Total Assessment | $83,500 |
Property Taxes
Parcel Number
48-05-31-304-025.000-028
Land Assessment
$12,000
Improvements Assessment
$71,500
Total Assessment
$83,500
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204 Washington st
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