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Lender Owned 65,000 SF Industrial Warehouse 2475 E US Highway 36 65,057 SF Vacant Industrial Building Newman, IL 61942 $199,000 ($3.06/SF)

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INVESTMENT HIGHLIGHTS

Three (3) 15' Drive- In Doors and (2) 15' Exterior Docks.
Power: 480v, 3 phase, 4600 amps electrical service.

20 ft clearance with 40'-60' bay spacing.
Any contingencies will be considered.

EXECUTIVE SUMMARY

FRE Auctions - Starting Bid: $199,000. https://FRE.com/534D6
Any contingencies will be considered!
Property Highlights:
-* Ideal for owner-user or investor to redevelop and renovate to suit their needs
-* 15,000 SF food grade manufacturing plant with 1,352 SF of office space
-* Three (3) 15' Drive- In Doors and (2) 15' Exterior Docks.
-* 20 ft clearance with 40'-60' bay spacing
-* Concrete construction with 10" thick reinforced floors and features interior containment walls for liquid spill protection
-* 250 gallon hot water heater and piping for process water
-* Trane HVAC system to control temperature and humidity
-* Power: 480v, 3 phase, 4600 amps electrical service
-* Located along US Hwy 36 with excellent interstate access

Property Flyer

PROPERTY FACTS

Price	$199,000	No. Stories	1
Price Per SF	$3.06	Year Built	1988
Sale Type	Investment or Owner User	Parking Ratio	1.65/1,000 SF
Property Type	Industrial	Clear Ceiling Height	30’
Property Subtype	Warehouse Industrial Manufacturing Industrial Truck Terminal Industrial Service	No. Dock-High Doors/Loading	2
Building Class	C	No. Drive In / Grade-Level Doors	3
Lot Size	5.00 AC	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Rentable Building Area	65,057 SF
Zoning	Light Industrial

Price	$199,000
Price Per SF	$3.06
Sale Type	Investment or Owner User
Property Type	Industrial
Property Subtype	Warehouse Industrial Manufacturing Industrial Truck Terminal Industrial Service
Building Class	C
Lot Size	5.00 AC
Rentable Building Area	65,057 SF
No. Stories	1
Year Built	1988
Parking Ratio	1.65/1,000 SF
Clear Ceiling Height	30’
No. Dock-High Doors/Loading	2
No. Drive In / Grade-Level Doors	3
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	Light Industrial