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117 Elm St

18,874 SF Industrial Building Terre Haute, IN 47807 For Sale

Investment Highlights

  • 18,874 SF Warehouse (1,137 SF Office)
  • Qualified Opportunity Zone
  • 3.36 acres Zoned for Heavy Industrial & Outdoor Storage

Executive Summary

Discover the unmatched potential of a strategically located property in the city of Terre Haute, Indiana. This notable site features an expansive 18,874 square foot building constructed in 1957 and underwent a renovation in 1983; it showcases the meticulous craftsmanship of the past while catering to the functional demands of contemporary industrial and manufacturing operations. The site also features 1,137 SF of office space and 3.36 acres of outdoor storage space permitted. The property is zoned M-2, offering unparalleled flexibility for a broad spectrum of industrial activities. This zoning, combined with the building's robust infrastructure and strategic position, makes it an attractive investment opportunity for those looking to penetrate or expand within the vibrant Terre Haute industrial market. Whether for manufacturing, warehousing, or another redevelopment venture, this property promises to serve as a cornerstone for success.

Property Facts

Sale Type Investment or Owner User
Sale Conditions
Lease Option
  • Redevelopment Project
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Manufacturing
  • Industrial Service
Building Class C
Lot Size 3.36 AC
Rentable Building Area 18,874 SF
No. Stories 1
Year Built/Renovated 1957/1983
Tenancy Single
Clear Ceiling Height 35 FT
No. Dock-High Doors/Loading 1
No. Drive In / Grade-Level Doors 1
Opportunity Zone Yes

Amenities

  • Mezzanine
  • Yard

Utilities

  • Lighting - Fluorescent
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Electric

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 18,874 SF
  • Industrial
  • -
  • Now

Uncover the potential of this well-positioned property in the heart of the Terre Haute manufacturing sector. Boasting an expansive 18,874 SF building, the site presents a prime opportunity for industrial and manufacturing investors seeking a versatile space with a rich history. Originally constructed in 1957 and thoughtfully renovated in 1983, the property seamlessly combines traditional craftsmanship with modern functionality, offering a solid foundation for a range of industrial pursuits. Zoned M-2, it provides ample flexibility for various industrial applications. With its strategic location and well-maintained infrastructure, this property stands as an enticing prospect for industrial and manufacturing investors looking to establish or expand their presence in the thriving Terre Haute market.

Space Size Space Use Condition Available
1st Floor 18,874 SF Industrial - Now

1st Floor

Size
18,874 SF
Space Use
Industrial
Condition
-
Available
Now

1st Floor

Size 18,874 SF
Space Use Industrial
Condition -
Available Now

Uncover the potential of this well-positioned property in the heart of the Terre Haute manufacturing sector. Boasting an expansive 18,874 SF building, the site presents a prime opportunity for industrial and manufacturing investors seeking a versatile space with a rich history. Originally constructed in 1957 and thoughtfully renovated in 1983, the property seamlessly combines traditional craftsmanship with modern functionality, offering a solid foundation for a range of industrial pursuits. Zoned M-2, it provides ample flexibility for various industrial applications. With its strategic location and well-maintained infrastructure, this property stands as an enticing prospect for industrial and manufacturing investors looking to establish or expand their presence in the thriving Terre Haute market.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 84-06-21-205-005.000-002
  • 84-06-21-205-006.000-002
  • 84-06-21-205-003.000-002
  • 84-06-21-205-004.000-002
  • 84-06-21-206-004.000-002
  • 84-06-21-205-001.000-002
  • 84-06-21-205-002.000-002
Land Assessment
$66,100
Improvements Assessment
$189,700
Total Assessment
$255,800

zoning

Zoning Code M-2 (M-2: Heavy Industrial/ Manufacturing)
M-2 (M-2: Heavy Industrial/ Manufacturing)
  • Listing ID: 31589408

  • Date on Market: 4/23/2024

  • Last Updated:

  • Address: 117 Elm St, Terre Haute, IN 47807

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