1531 W Tipton St - Industrial FOR SALE


Seymour, IN 47274
$2,590,000 USD
812-498-3335
1531 W Tipton St, Seymour, IN for Sale
$2,590,000 USD
Industrial - FOR SALE
1/21
null | 10.22% Cap Rate

NEW


1531 W Tipton St
Seymour, IN 47274


HIGHLIGHTS

  • Fully leased 9-tenant retail center offering stable, in-place income.
  • Prime visibility along Tipton St./US-50, Seymour’s main commercial corridor.
  • Surrounded by national retailers and high-traffic businesses.
  • Diverse tenant mix with long-standing local and regional operators.
  • Excellent frontage, signage, and access from both directions.
  • Strong traffic counts and dense surrounding residential population.

OVERVIEW

Prime Multi-Tenant Warehouse Opportunity – Income-Producing with Value-Add Upside If you're looking for a flexible, income-producing industrial property with long-term upside, 1531 W. Tipton St. in Seymour, IN is a must-see. This well-maintained warehouse facility is currently home to nine tenants, offering immediate cash flow and diversified rental income. One unit may be coming available, presenting a perfect opportunity for an owner-user to step in and occupy their own space while the rest of the property continues to generate passive income. The property is equipped with 5 large drive-in overhead doors and 4 dock doors with mechanical levelers, making it ideal for a wide range of users including logistics, light manufacturing, service providers, or warehousing operations. Zoned C-3 Highway Commercial, the site provides maximum flexibility for both industrial and commercial tenants. Rental rates are currently below market, giving any investor the ability to increase NOI through rent adjustments or repositioning over time. This is a rare chance to acquire a solid investment with room to grow, or to establish your business in a high-functioning industrial space with built-in income.

FOR SALE DETAILS

PRICE

$2,590,000 USD

PRICE/SF

$55 USD /SF

CAP RATE

10.22%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

ADD'L SUBTYPES

Service, Light Distribution, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1991

UTILITIES

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

CLEAR CEILING HT

22 Ft

DOCKS

4

DRIVE INS

5

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.89

LAND SF

125,976

ZONING

C-3: Highway Commercial

APN/PARCEL ID

36-65-24-103-022.001-009

ASK ABOUT THIS PROPERTY

Jared RicheyBreeden Commercial, LLCMore Info
812-498-3335

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Jared RicheyBreeden Commercial, LLCMore Info
812-498-3335

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