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Industrial Office Space 403 S Melville St

2,016 SF 100% Leased Industrial Building Rensselaer, IN 47978 $249,900 ($124/SF)

Executive Summary

Discover an exceptional opportunity to own a modular office building strategically located in the heart of Rensselaer, Indiana. This well-maintained property is zoned industrial, making it ideal for a variety of industrial business uses, including manufacturing, contracting/construction office, a distribution terminal, and more. The interior of the building features just over 2000 sf of flexible office space (currently split into 8 offices) as well as a reception area, meeting/conference area, kitchenette, 3/4 bath and 1/2 bath. Current zoning is Industrial-2. Please see attached document for use zoning permissions under last column, I-2. "P" marks permitted use and "C" marks conditional use as permitted by the city of Rensselaer building department.

Property Facts

Price $249,900
Price Per SF $124
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Manufacturing
  • Industrial Distribution
  • Industrial Truck Terminal
  • Office Industrial Live Work Unit
Lot Size 0.44 AC
Rentable Building Area 2,016 SF
No. Stories 1
Year Built 1990

Utilities

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

zoning

Zoning Code I-2 (Industrial)
I-2 (Industrial)
  • Listing ID: 33198604

  • Date on Market: 9/16/2024

  • Last Updated:

  • Address: 403 S Melville St, Rensselaer, IN 47978

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