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630 High St 43,150 SF 100% Leased Industrial Building Geneva, IN 46740 $1,340,000 ($31.05/SF) 9.19% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Rare Industrial Space Available in Adams County
  • Easy Access from US Hwy 27
  • Great Fit for Warehousing or Manufacturing

EXECUTIVE SUMMARY

SVN Parke Group is pleased to present this excellent multi-tenant investment opportunity. This 43,150 square foot industrial building is multi-tenanted with
approximately 91% occupancy and approximately 3,700 square feet available for an owner's/landlord's use or to be leased to another tenant. This offering is located on the north edge of Geneva directly off US Highway 27 which runs from Fort Wayne to Cincinnati. Geneva is located at the intersection of US Hwy 27 and State Road 116 near the Wabash River. Geneva is 35 miles south of Fort Wayne and 110 miles from Indianapolis.

PROPERTY FACTS

Price $1,340,000
Price Per SF $31.05
Sale Type Investment or Owner User
Cap Rate 9.19%
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Manufacturing
Building Class C
Lot Size 2.93 AC
Rentable Building Area 43,150 SF
No. Stories 1
Year Built/Renovated 1968/1985
Clear Ceiling Height 15’
Opportunity Zone Yes
Zoning I-1

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-11-29-200-049.000-019
Land Assessment
$59,100
Improvements Assessment
$377,200
Total Assessment
$436,300
  • Listing ID: 32934975

  • Date on Market: 8/23/2024

  • Last Updated:

  • Address: 630 High St, Geneva, IN 46740

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