107 S Pennsylvania St - Distribution FOR SALE


Marion, IN 46952
$3,323,000 USD
260-425-2065
107 S Pennsylvania St, Marion, IN for Sale
$3,323,000 USD
Distribution - FOR SALE
1/105
null | Request Cap Rate

107 S Pennsylvania St
Marion, IN 46952


HIGHLIGHTS

  • Convenient access to the interstate
  • 16.06 Acres
  • Combinantion of office and warehouse
  • 8 grade level doors of various sizes up to 14' x 14'
  • Large commercial kitchen with hood systems in place
  • Built in 1982 and renovated in 2004

OVERVIEW

This unique property has many possibilities for redevelopment opportunities! Built in 1982, the former Tucker Career & Technology Center has 127,820 SF of classroom and training space on two floors. The building has large open areas on the lower back side of the structure. It also features one 10’ x 10’ overhead door, five 12’ x 12’ overhead doors, two 14’ x 14’ overhead doors, and one 10’ x 10’ dock door with a manual leveler. A large asphalt parking lot is along Pennsylvania Street, and the building has entrances from both Pennsylvania Street and SR 18. The south end of the building has a large attached greenhouse. The property also features a standing seam roof and a diesel generator at the back. The building has one personal elevator and one freight elevator. There is a second building that was built in 2004 that is at the rear of the property and is 30’ x 104’ or 3,120 SF. This building is equipped with two OH door that are 7’.5” x 8’ and 11’6” x 8’. This building is pole built with metal skin and roof. The entire property is 16.06 acres with approximately 11.55 acres that the building and parking sits on and approximately 4.5 acres of woodland at the rear of the site.

FOR SALE DETAILS

PRICE

$3,323,000 USD

PRICE/SF

$26 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Former Tucker Vocational & Technical School

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Distribution

ADD'L SUBTYPES

undefined, R&D, Telecom Hotel/Data Hosting

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1982

UTILITIES

Lighting - Fluorescent, Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

-

DOCKS

1

DRIVE INS

8

PARKING SPACES

300

LAND DETAILS

LAND ACRES

16.06

LAND SF

699,574

ZONING

R-3 / Residential

APN/PARCEL ID

27-07-05-103-027.000-002

ASK ABOUT THIS PROPERTY

John CaffraySturges Property GroupMore Info
260-425-2065

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John CaffraySturges Property GroupMore Info
260-425-2065

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.