505 Grant Ave - Distribution FOR SALE
Chesterton, IN 46304 |
505 Grant Ave
Chesterton, IN 46304
HIGHLIGHTS
- Approximately 17,750-Square-Foot Multi-Tenant Flex Warehousing Facility Situated on 1.63 Acres of Land
- 54 Self-Storage Units Totaling +/- 4,888-Square-Feet Reside on the East End of the Property
- Value-Add Opportunity: Immediate Upside with 37/54 Self-Storage Units Currently Rented
- High Barrier-to-Entry Market: 2.4% Vacancy and 2.8% Rent Growth (CoStar)
- Favorable Business Conditions: No. 1 State to Start a Business in 2023 (Forbes)
- Situated 1.3 Miles from State Road 49 with Access to both I-94 (1.5 Miles) and I-90 (3 Miles)
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY TYPE
Industrial
PROPERTY SUBTYPE
Distribution
ADD'L SUBTYPES
Warehouse
TOTAL BUILDING SIZE
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STORIES
1
YEAR BUILT
1918
UTILITIES
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CLEAR CEILING HT
22 Ft
DOCKS
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DRIVE INS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
64-03-36-328-004.000-023
