206 Depot St - Warehouse FOR SALE


Butler, IN 46721
$1,400,000 USD
260-760-1988
206 Depot St, Butler, IN for Sale
$1,400,000 USD
Warehouse - FOR SALE
1/32
null | Request Cap Rate

206 Depot St
Butler, IN 46721


HIGHLIGHTS

  • 18,518 SF across four structures on 5.79 acres zoned I1-Light Industrial
  • Eight overhead cranes included: five 5-ton and two 3-ton units
  • 32-foot clear height in 12,000 SF crane shop with clear span design
  • Heavy power infrastructure with 1,200-amp electrical service
  • 14-minute access to I-69 corridor
  • Immediate occupancy with flexible layout for manufacturing, fabrication, or contractor operations

OVERVIEW

This 18,518 SF industrial complex in Butler delivers the kind of heavy-duty infrastructure that's increasingly hard to find in DeKalb County. The real story here is the crane shop. At 12,000 SF with 32-foot clear heights and clear span construction, it's built for serious fabrication work. The facility comes equipped with five 5-ton cranes and two 3-ton cranes - assets that would cost a new owner significant time and capital to install from scratch. Pair that with 1,200-amp electrical service, and you've got a building that's ready for manufacturing operations on day one. Beyond the crane shop, the property includes a 3,094 SF paint shop with 14-foot ceilings and its own overhead doors, plus a 2,824 SF office building constructed in 1996. Four drive-in doors throughout the facility keep material flow efficient, whether you're running box trucks or managing inventory across multiple buildings. The 5.79-acre site offers ample yard storage on concrete and stone surfaces - valuable real estate for contractors, equipment dealers, or fabricators who need outdoor staging. I-69 access sits just 14 minutes away, connecting you to Fort Wayne and the broader Northeast Indiana industrial corridor. Butler's I1-Light Industrial zoning supports a range of uses, and the town's utility infrastructure through AEP, Nipsco, and Butler Water Treatment keeps operating costs predictable. At $75.60 per square foot, this property represents a practical entry point for owner-users looking to control their real estate costs while gaining crane capabilities that simply aren't available in most spec buildings.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$76 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Butler Industrial Facility

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

undefined, Warehouse, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

UTILITIES

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

CLEAR CEILING HT

32 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.79

LAND SF

252,212

ZONING

L1

APN/PARCEL ID

17-07-11-228-001.000-027,17-07-11-228-002.000-027,17-07-11-228-008.000-027

ASK ABOUT THIS PROPERTY

Dave HoracekAllied Commercial, LLCMore Info
260-760-1988

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

Dave HoracekAllied Commercial, LLCMore Info
260-760-1988

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