111 E Broad St - Warehouse FOR SALE


South Whitley, IN 46787
$2,995,000 USD
111 E Broad St, South Whitley, IN for Sale
$2,995,000 USD
Warehouse - FOR SALE
1/20
null | Request Cap Rate

111 E Broad St
South Whitley, IN 46787


HIGHLIGHTS

  • Ideal property for owner-user with in-place income from 2 tenants producing $140,000 NOI for 2025 and 2026 projected to be $175,000
  • Heavy power (2,500 Amp/208 Volt, 3-Phase)
  • Amenities include: partial air conditioned, air compressor lines, new heaters, LED lights, surge protection, fully sprinkled
  • Warehouse: 97,004 SF, 4 Docks, 5 Overhead doors, 20'x30' Column Spacing, and 12'-16' ceilings
  • Office: 20,000 SF, 2 Floors, private offices, retail floor, may be separated from warehouse

OVERVIEW

Ideal property for owner-user with in-place income from 2 tenants producing $140,000 in net operating income for 2025 and 2026 projected to be $175,000.

FOR SALE DETAILS

PRICE

$2,995,000 USD

PRICE/SF

$26 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Distribution, Showroom, Service

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1959

UTILITIES

Gas - Natural, Water - City, Sewer - City

CLEAR CEILING HT

26.75 Ft

DOCKS

4

DRIVE INS

5

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.17

LAND SF

181,645

ZONING

I-1

APN/PARCEL ID

92-08-04-118-005.900-002

ASK ABOUT THIS PROPERTY

James JamicichXplor Commercial Real Estate Corp.More Info

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

James JamicichXplor Commercial Real Estate Corp.More Info

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