1540 Genesis Dr - Service FOR SALE


La Porte, IN 46350
$1,180,000 USD
219-229-2911
1540 Genesis Dr, La Porte, IN for Sale
$1,180,000 USD
Service - FOR SALE
1/7
null | Request Cap Rate

1540 Genesis Dr
La Porte, IN 46350


HIGHLIGHTS

  • New Additions and Updates
  • M-2 Zoning in Established Industrial Park
  • 400 A / 600V / 3 Phase Electrical
  • Low Real Estate Taxes

OVERVIEW

14,500 SF Industrial/Manufacturing building sitting on a 2-acre parcel in the Thomas Rose Industrial Park and is zoned M-2, Heavy Industrial. The front of the building is 5,000 SF built in 1995, constructed of metal panel siding with ornamental masonry over structural peaked steel trusses. The interior consists of 650 SF of office & breakroom (heated & cooled) with the remaining space utilized as warehouse/manufacturing with 12' side and 14’ center peak heights. The first addition of 2,000 SF was constructed in 2020 with one 8' x 10’ OHD and 12’ ceilings. The most recent addition was completed in 2022 and is 7,200 SF (80' x 90') with 18' ceilings and a 12’ x 12' OHD. Electrical power is 400A, 600 V (AC/DC), 3P/4W throughout with multiple subpanels. Low RE Taxes; $5,525 for '23 payable in '24.

FOR SALE DETAILS

PRICE

$1,180,000 USD

PRICE/SF

$83 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Service

ADD'L SUBTYPES

Manufacturing, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1996

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

18 Ft

DOCKS

-

DRIVE INS

2

PARKING SPACES

15

LAND DETAILS

LAND ACRES

2

LAND SF

87,120

ZONING

M-2

APN/PARCEL ID

46-06-25-126-017.000-043

ASK ABOUT THIS PROPERTY

Michael SiwietzMcColly Bennett Commercial AdvantageMore Info
219-229-2911

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Michael SiwietzMcColly Bennett Commercial AdvantageMore Info
219-229-2911

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