111 E Broad St - Warehouse FOR SALE


South Whitley, IN 46787
$2,995,000 USD
260-452-7525
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
260-452-7525

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

James JamicichXplor Commercial Real Estate Corp.More Info
260-452-7525

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