232 W Pearl St - Manufacturing FOR SALE


Jonesboro, IN 46938
$2,200,000 USD
260-423-4311
232 W Pearl St, Jonesboro, IN for Sale
$2,200,000 USD
Manufacturing - FOR SALE
1/20
null | Request Cap Rate

232 W Pearl St
Jonesboro, IN 46938


HIGHLIGHTS

  • Total building SF - 43,380 SF; contains 73, 740 SF of fenced area
  • Approx. 1,200 SF of office on ground level; several offices on the second floor
  • Ceiling height clearance 19-21 ft at eaves; 21-23 ft at peak; interior truck dock area 21 ft 6 in clearance
  • 3 interior docks; 4 overhead doors
  • Electrical - 3,000 amp; two 2,000 kVA transformers with 480 volts
  • Fully sprinklered building with wet system; dry system in the dock area

OVERVIEW

This industrial and manufacturing property offers a robust platform for businesses seeking significant operational capacity in East-Central Indiana. Encompassing 43,380 SF of space on an 8.13-acre site, the facility includes both interior and exterior areas optimized for production, storage, and distribution. With a ceiling clearance of 19-21 feet at the eaves and up to 23 feet at the peak, the building accommodates large-scale equipment and high-volume racking systems. The site includes three interior docks, four overhead doors, and an interior truck dock offering 21 ft 6 in clearance, enhancing load efficiency for various transport vehicles. The infrastructure supports heavy power requirements with dual 2,000 KVA transformers and a 3,000-amp service, plus a fully integrated wet sprinkler system inside and a dry system in the dock zone. The expansive site also offers surplus land for outside storage, building expansion, or vehicle and trailer parking—significant opportunities for future scalability. With its strong positioning in Grant County and immediate access to SR 15, US 35, and proximity to I-69 (just 4.37 miles away), the property ensures optimal connectivity to regional and national distribution networks.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$51 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

undefined, Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1980

UTILITIES

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

CLEAR CEILING HT

21.5 Ft

DOCKS

3

DRIVE INS

4

PARKING SPACES

-

LAND DETAILS

LAND ACRES

8.13

LAND SF

354,143

ZONING

R1; I2

APN/PARCEL ID

27-07-33-203-040.000-019

ASK ABOUT THIS PROPERTY

Carolyn Spake-Leeper, SIORBradley CompanyMore Info
260-423-4311

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Carolyn Spake-Leeper, SIORBradley CompanyMore Info
260-423-4311

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