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2605 Marion Dr 2605 Marion Dr

179,160 SF Industrial Building Kendallville, IN 46755 $8,600,000 ($48/SF)

Investment Highlights

  • Well suited for manufacturing with heavy power & warehouse addition
  • ESFR sprinkler & compressed air
  • Fully air conditioned
  • Ceiling height: east 27' middle 20' west 17'
  • 13,800 SF office/break room/restroom
  • Two parcels: 15.27 acres & 8.92 acres

Executive Summary

Introducing the premier industrial property located at 2605 Marion Dr., Kendallville, IN, 46755. This exceptional facility is perfectly outfitted for manufacturing, featuring an impressive ceiling height of 27' in the east, 20' in the middle, and 17' in the west. Equipped with ESFR/AFFF sprinkler systems, compressed air, and full air conditioning, the 15.27-acre and 8.92-acre parcels offer ample space for operation and expansion. Comprising 13,800 SF of office space, a break room, and restrooms, as well as a 20,000 SF mezzanine, this property presents a golden opportunity for thriving businesses. With a lease rate of $4.50 NNN and a sale price of $8,600,000 ($48.00/sf), this property represents exceptional value and potential.

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual Annual Per SF
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $8,600,000
Price Per SF $48
Sale Type Owner User
Property Type Industrial
Property Subtype Distribution
Building Class C
Lot Size 15.30 AC
Rentable Building Area 179,160 SF
No. Stories 2
Year Built/Renovated 1988/1992
Tenancy Single
Parking Ratio 0.22/1,000 SF

Amenities

  • Air Conditioning

Utilities

  • Water
  • Sewer

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
570735200013000020
Land Assessment
$555,400 (2023)
Improvements Assessment
$2,694,900 (2023)
Total Assessment
$3,250,300 (2023)

zoning

Zoning Code IR (Industrial Reserved)
IR (Industrial Reserved)
  • Listing ID: 33800728

  • Date on Market: 11/8/2024

  • Last Updated:

  • Address: 2605 Marion Dr, Kendallville, IN 46755

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