1019 E Summit St
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1019 E Summit St
37,962 SF Industrial Building Crown Point, IN 46307 $8,000,000 ($211/SF)
INVESTMENT HIGHLIGHTS
- 37,962 Square Feet of industrial warehouse space and machine shop business equipment
- 3 Docks, 20 Cranes; (8) traveling bridge cranes(ranging from 2-10 tons), (10)1 ton jib cranes, (3) 1/2 ton jib cranes, 1 free standing jib crane
- Close to I-65
EXECUTIVE SUMMARY
45,966 square feet of industrial warehouse space and machine shop business equipment for sale on 2.5 acres near I-65 in prime, highly desired and central Crown Point location. Zoned I-1 (industrial) and can be suitable for a variety of users/uses. Main building features: 31,722 sq ft,20 cranes, (8) traveling bridge cranes ranging from 2-10 tons, (10) 1 ton jib cranes, (3) 1/2 ton jib cranes, (1) free standing jib crane 360/180 degrees, heated warehouse, multiple overhead doors/drive-in bays, Electric: 800A,240/480v,3 phase, high ceiling heights 16-25 feet, fully finished offices w/forced air heat and air conditioning, employee kitchen area, locker rooms, break rooms, bathrooms and more. Rear building: 6,240 sq ft. Rear building built in: 1989, clear ceiling height 16 feet. Please see attached asset list showing assets to be included in the sale. Parcel # 45-16-04-301-012.000-041 is also included in the sale.
TAXES & OPERATING EXPENSES (ACTUAL - 2023) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$39,554
|
$1.04
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$39,554
|
$1.04
|
TAXES & OPERATING EXPENSES (ACTUAL - 2023)
| Taxes | |
|---|---|
| Annual | $39,554 |
| Annual Per SF | $1.04 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $39,554 |
| Annual Per SF | $1.04 |
PROPERTY FACTS
| Price | $8,000,000 | No. Stories | 1 |
| Price Per SF | $211 | Year Built | 1965 |
| Sale Type | Owner User | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 0.79/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 16’ |
| Building Class | C | No. Dock-High Doors/Loading | 3 |
| Lot Size | 2.50 AC | No. Drive In / Grade-Level Doors | 6 |
| Rentable Building Area | 37,962 SF |
| Price | $8,000,000 |
| Price Per SF | $211 |
| Sale Type | Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 2.50 AC |
| Rentable Building Area | 37,962 SF |
| No. Stories | 1 |
| Year Built | 1965 |
| Tenancy | Single |
| Parking Ratio | 0.79/1,000 SF |
| Clear Ceiling Height | 16’ |
| No. Dock-High Doors/Loading | 3 |
| No. Drive In / Grade-Level Doors | 6 |
UTILITIES
- Lighting
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
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PROPERTY TAXES
| Parcel Number | 45-16-04-301-006.000-042 | Total Assessment | $1,757,100 (2024) |
| Land Assessment | $391,100 (2024) | Annual Taxes | $39,554 ($1.04/SF) |
| Improvements Assessment | $1,366,000 (2024) | Tax Year | 2023 Payable 2024 |
PROPERTY TAXES
Parcel Number
45-16-04-301-006.000-042
Land Assessment
$391,100 (2024)
Improvements Assessment
$1,366,000 (2024)
Total Assessment
$1,757,100 (2024)
Annual Taxes
$39,554 ($1.04/SF)
Tax Year
2023 Payable 2024
ZONING
| Zoning Code | I-1 (Industrial) |
| I-1 (Industrial) |
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1019 E Summit St
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