400 S Gray St - Manufacturing FOR SALE


Albany, IN 47320
$800,000 USD
317-374-2881
400 S Gray St, Albany, IN for Sale
$800,000 USD
Manufacturing - FOR SALE
1/78
null | Request Cap Rate

Jun '26


400 S Gray St
Albany, IN 47320


HIGHLIGHTS

  • The property features 3-phase power, a circle drive, two drive-in bays (12' x 11' and 12' x 16'), and six loading docks (approximately 8' x 8')
  • Two Entrances with Half Circle Drive connecting them
  • 50,000 SF Building on 7.59 Acres!
  • Multiple drive in bays and dock offering easy access

OVERVIEW

Commercial Industrial Facility with Heat Treat Capability for AUCTION – Delaware County, IN! Please call Matt @317-374-2881 for More Details! Auction Date: Tuesday May 5th, 2026, at 10am EST Auction Location: 400 S Gray Street, Albany, IN 47320 REAL ESTATE AVAILABLE FOR PURCHASE PRIOR TO THE AUCTION! Don’t miss this exceptional opportunity to acquire this industrial property formerly operated as Albany Metal Treating Inc since 1978. This facility is ideally suited for metal processing, heat treating, manufacturing, or a wide range of industrial applications. AMT offered a wide arrange of heat treat services which included the most recent poly and oil quench processing, induction and vacuum furnaces! The facility had a capacity of over 250,000 pounds per day. Constructed for heavy-duty use, the property features a durable industrial building with high ceilings, reinforced concrete flooring, and infrastructure designed to support high-temperature operations. The facility is equipped with substantial power capacity, ventilation systems, and multiple overhead doors for efficient loading, unloading, and workflow. The interior offers a flexible layout with ample space for equipment, production lines, and storage. Additional features include office space for administrative operations and support areas for staff and inventory. The site provides convenient access to regional highways, supporting efficient transportation and logistics. This property Includes an existing industrial zoning, and presents a valuable opportunity for owner-operators, investors, or companies looking to expand their manufacturing footprint. Real Estate Highlights: • Industrial facility designed for metal treating and manufacturing • Heavy-duty construction with high-clearance space • Multiple overhead doors and efficient loading access • Office and support space included • Centrally Located Between Fort Wayne and Indianapolis • 3 Phase and Heavy Power Onsite Lot Details – Property Address: 400 S Gray Street, Albany, IN 47320 Zoned: Industrial – I1 Acres: 7.59 +/- Acres Flood Plain: Yes - AE Utilities: Electricity, Natural Gas, City Water, City Sewer, Well Improvement Detail: Gross Facility Area: 50,451 +/- SF Ground Floor SF: 44,956 +/- Originally Built: 1930 – Last Major Renovation 1998 Steel Frame Construction with Combo of Block, Brick and Sheet Metal Exterior 2,060+/- SF 2 Story Office Area with Full HVAC Suspended Gas Heater in Warehouse/Manufacturing Manufacturing and Warehouse Ceiling Heights Range 13’ to 24’ 3 Phase Power Lots of Power Available for Heavy Machinery 3 – Drive in Bays – 12’ X 11’; 12’ X 16’ 6 – 8’ X 8’ +/- Loading Docks Throughout Dual Entrances with Gravel Circle Drive Connecting for Good Trucking Access In and Out! Barbed Wire Fence on Perimeter All Equipment, rolling stock and office equipment and furniture will be auctioned separately starting at 10:15am EST. Parcel ID: 18-08-02-330-010.000-005 – Taxes Annually: $8233.88

FOR SALE DETAILS

PRICE

$800,000 USD

PRICE/SF

$16 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Heat Treat Facility

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

Distribution, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1930

UTILITIES

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

CLEAR CEILING HT

-

DOCKS

6

DRIVE INS

2

PARKING SPACES

-

LAND DETAILS

LAND ACRES

7.59

LAND SF

330,620

ZONING

Industrial

APN/PARCEL ID

18-08-02-330-010.000-005

ASK ABOUT THIS PROPERTY

Matt ScalfShawver Auctioneering & Real EstateMore Info
317-374-2881

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Matt ScalfShawver Auctioneering & Real EstateMore Info
317-374-2881

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