Industrial/Commercial Fronting State Route 62

Industrial for Sale
Catylist Listing ID: 30474916
Property Subtypes: Free-Standing, Light Industrial, Net Leased, Office Showroom
Building Size (RSF): 4,832 SF
Gross Land Area: 2.35 Acres
Sale Price: $495,000
Unit Price: $102.44 PSF
Ceiling: 12 ft.
Office SF: 912 SF
Drive In Bays: 3 Bays
Property Use Type: Vacant/Owner-User
Building Name: Marks Metric
Sale Terms: Cash to Seller
Last Updated: 10/10/2019

Overview / Comments

Prime industrial/commercial location fronting Highway State Road 62 with 160' of frontage, 25,000 sqft of paved parking and sitting on 2.35 acres with plenty of room for expansion if necessary. The original 2,432 sqft building was constructed in 1999 and a 2,400 sqft Dandi Systems building was added in 2014. There are dual zone HVAC units with the newest being five years old and three over head doors with electric operators. This building is in move in condition and the lot was resealed at the end of August 2019.
Property Details:
Front office area has ceramic tile floor and includes reception area, 3 offices, break room and large half bath. Middle area has concrete floor and half bath. Currently being used as a machine shop and parts warehouse. Rear area is open floor plan with a 12' X 40' loft and is currently being used as an auto repair shop. Building has a 8 camera security system and intercom.
*******See attachments for more information & utilities.*******

Financials

Finance Data Year 2019
Real Estate Taxes - Annual($) $4,746 (Annual)

Additional Details

Nearest MSA: Evansville
County: Warrick
Taxing Authority: Warrick County
Tax ID/APN: 87-09-33-100-047.000-003
Zoning: M-2
Property Located Between: North Baker Road & County Road 300 West
Highway Access: State Road 62 & Highway 261
Airports: Evansville Regional Airport
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 1999
Year Renovated: 2014
Roof Type: Gable
Construction/Siding: Metal Siding
Parking Ratio: 8.2 (per 1000 SF)
Parking Type: Surface
Parking Description: Large asphalt and concrete parking lot.
Total Parking Spaces: 40
Overhead Cranes: Undisclosed
Amps: 200
X-Phase: Single
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Lighting: Fluorescent
Internet Access: Cable
Zoning Description: M-2
Lot Frontage: 160
Lot Depth: 761
Water Service: Municipal
Sewer Type: Septic
Land Ownership: Fee Simple
Legal Description: PT N 1/2 NW S33 T5 R8 2.357 A

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,978 10,090 24,411
Median Age: 45.82 39.91 40.39
Households: 741 3,964 9,179

Contact

Photograph of Listing Agent

Mark J. Miller

ERA First Advantage Commercial
CPIX Member
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