1224 Mill St - Manufacturing FOR SALE


Jasper, IN 47546
$2,100,000 USD
812-630-4719
1224 Mill St, Jasper, IN for Sale
$2,100,000 USD
Manufacturing - FOR SALE
1/28
null | Request Cap Rate

NEW


1224 Mill St
Jasper, IN 47546


HIGHLIGHTS

  • Structurally Sound Phase 1 Cleared
  • Tax Incentives
  • 4 levels with functional freight elevators and shafts, supporting 100-150 residential units per initial feasibility study.

OVERVIEW

This expansive property offers over 200,000 square feet of versatile space, ideal for a variety of business needs. The property features a large rock parking lot, providing ample parking capacity for employees and customers alike. Size & Layout: 4 levels with functional freight elevators and shafts, supporting 100-150 residential units per initial feasibility study. Condition: Structurally sound, verified by a structural engineer’s walk-through with no major concerns. Phase 1 environmental studies cleared. Tax Incentives: Previous applicant for IHCDA A-C & B-C tax credits. Historic Part 1 under review, with approval expected by August 2025, making it eligible for Historic Tax Credits. Local incentives may also be available. Zoning & Support: PUD zoning allows flexibility for residential, mixed-use, or industrial commercial development. Local government is highly supportive of residential or mixed-use projects. Location: Prime spot near downtown Jasper, enhancing accessibility and appeal.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$10 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

undefined, Warehouse, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1928

UTILITIES

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

CLEAR CEILING HT

-

DOCKS

10

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.4

LAND SF

104,544

ZONING

-

APN/PARCEL ID

19-06-26-404-202.000-002

ASK ABOUT THIS PROPERTY

Ryan CraigRE/MAX LocalMore Info
812-630-4719

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

Ryan CraigRE/MAX LocalMore Info
812-630-4719

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