6485 Merchants Dr - Manufacturing FOR SALE


Laotto, IN 46763
$2,100,000 USD
260-424-8448
6485 Merchants Dr, Laotto, IN for Sale
$2,100,000 USD
Manufacturing - FOR SALE
1/9
null | Request Cap Rate

6485 Merchants Dr
Laotto, IN 46763


HIGHLIGHTS

  • 1.25 AC outdoor storage
  • Visible from SR 3 & SR 205
  • Recently rezoned to I2 - Industrial
  • Easy access to Fort Wayne, Auburn, Huntertown, and Kendallville

OVERVIEW

The LaOtto Industrial building offers a total of 38,698 SF situated on 5 acres, with excellent visibility from SR 3. The front of the building features a showroom and offices, totaling approximately 5,634 SF, while the distribution space is 33,064 SF. The warehouse is designed without columns and boasts 31’ clear ceiling heights, providing opportunities for tall stacking. Access for large vehicles is facilitated by two drive-thru overhead doors and one smaller overhead door. For loading and unloading, two 9’ x 10’ dock doors are located on the south end of the building. This spacious building is located in the LaOtto Business Park, only half a block west of the heavily traveled SR 3/Lima Road. This area is a growing commercial hub with easy access to SR 3 and SR 205. The building is 16 miles north of Fort Wayne and approximately 6 miles to I-69. It’s also a short drive to Kendallville, Auburn, and Columbia City. Nearby businesses include Farmers & Merchants Bank, Marathon, Wayne Manufacturing, LaOtto Farm Supplies, and Cedar Creek Meats. 6485 Merchants Drive is in DeKalb County, which is a thriving location for commerce and manufacturing. There are historically low property taxes via DeKalb County, too. The county also boasts excellent transportation systems with major interstates and highways, several major dual-line rail tracks, and a regional airport.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$54 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

LaOtto Industrial

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

Distribution, Showroom, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

UTILITIES

Lighting - Halide, Gas, Water - Well, Sewer - City, Heating

CLEAR CEILING HT

30 Ft

DOCKS

2

DRIVE INS

2

PARKING SPACES

55

LAND DETAILS

LAND ACRES

5.01

LAND SF

218,236

ZONING

I2

APN/PARCEL ID

17-09-19-300-039.000-001

ASK ABOUT THIS PROPERTY

Andrew EckertSturges Property GroupMore Info
260-424-8448

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Andrew EckertSturges Property GroupMore Info
260-424-8448

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