2605 Marion Dr | 2605 Marion Dr
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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 |
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Taxes | - | - |
Operating Expenses | - | - |
Total Expenses | $99,999 | $9.99 |
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 | Lot Size | 15.30 AC |
Price Per SF | $48 | Rentable Building Area | 179,160 SF |
Sale Type | Owner User | No. Stories | 2 |
Property Type | Industrial | Year Built/Renovated | 1988/1992 |
Property Subtype | Distribution | Tenancy | Single |
Building Class | C | Parking Ratio | 0.22/1,000 SF |
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
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PROPERTY TAXES
Parcel Number | 570735200013000020 | Improvements Assessment | $2,694,900 (2023) |
Land Assessment | $555,400 (2023) | Total Assessment | $3,250,300 (2023) |
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) |
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2605 Marion Dr | 2605 Marion Dr
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