500 E Ridge Rd - Warehouse FOR SALE


Griffith, IN 46319
$4,200,000 USD
219-864-0200
500 E Ridge Rd, Griffith, IN for Sale
$4,200,000 USD
Warehouse - FOR SALE
1/1
null | Request Cap Rate

500 E Ridge Rd
Griffith, IN 46319


HIGHLIGHTS

  • Approximately 60,000 SF industrial building
  • Zoned I1 permitting a variety of diverse uses
  • Approximately 65% occupied
  • Value-add opportunity
  • Located minutes from I-80/94

OVERVIEW

500 E Ridge Rd, Griffith, IN, is an exceptional 60,000sf industrial asset for business owners looking to occupy the vacant 19,250sf space or investors looking for a high value asset in Northwest Indiana. With I1 zoning, the property offers a versatile space for industrial, warehouse, and distribution activities. Located in a sought-after light industrial corridor in Griffith, this property is currently at 62.64% occupancy, positioning it as a lucrative income-generating asset with a value-add opportunity. Located less than 2 miles from I-80/94.

FOR SALE DETAILS

PRICE

$4,200,000 USD

PRICE/SF

$70 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

UTILITIES

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

CLEAR CEILING HT

22 Ft

DOCKS

2

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.67

LAND SF

116,305

ZONING

I1

APN/PARCEL ID

45-07-26-201-003.000-006,45-07-26-503-001.000-006

ASK ABOUT THIS PROPERTY

Antony MiocicLatitude CommercialMore Info
219-864-0200

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Antony MiocicLatitude CommercialMore Info
219-864-0200

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