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630 High St

41,486 SF 100% Leased Industrial Building Geneva, IN 46740 $1,700,000 ($41/SF) 7.60% Cap Rate

Investment Highlights

  • Rare Industrial Space Available in Adams County
  • Easy Access from US Hwy 27
  • Great Fit for Warehousing or Manufacturing

Executive Summary

SVN Parke Group is pleased to present this excellent multi-tenant investment opportunity. This 43,150 square foot industrial building is fully leased with two tenants in place. This offering is located on the north edge of Geneva directly off US Highway 27 which runs from Fort Wayne to Cincinnati. Geneva is located at the intersection of US Hwy 27 and State Road 116 near the Wabash River. Geneva is 35 miles south of Fort Wayne and 110 miles from Indianapolis.

Property Facts

Price $1,700,000
Price Per SF $41
Sale Type Investment or Owner User
Cap Rate 7.60%
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Manufacturing
Building Class C
Lot Size 2.93 AC
Rentable Building Area 41,486 SF
No. Stories 1
Year Built/Renovated 1968/1985
Clear Ceiling Height 15 FT
Opportunity Zone Yes

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-11-29-200-049.000-019
Land Assessment
$59,100
Improvements Assessment
$381,300
Total Assessment
$440,400

zoning

Zoning Code I-1
I-1
  • Listing ID: 32934975

  • Date on Market: 8/23/2024

  • Last Updated:

  • Address: 630 High St, Geneva, IN 46740

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