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Blacksmith Distribution Facility 1739 Cassopolis St

66,971 SF 100% Leased Industrial Building Elkhart, IN 46514 £2,169,671 (£32/SF)

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Investment Highlights

High Traffic Location with 22,499 AADT
8 Recessed Dock Doors
Heavy Power

Multiple Buildings with Warehousing and Retail
9 Grade Level OH Doors

Executive Summary

Warehouse, Retail, and Land investment opportunity. Located +/- 449’ of road frontage on SR 19/Cassopolis St with AADT of +/ 22,499 (2022) vehicles and access to 80/90 within less than 2 miles. This property includes 4 buildings with the largest being a steel warehouse facility off approximately 61,364 SF, and then a 3,698 SF retail building, a 1,337 SF retail building, and a 572 SF retail building. This opportunity blends a steel warehouse with in place retail leases and future development opportunities. Great opportunity for owner user or investor.

1739 Cassopolis St Flyer 2024

Property Facts

Price	£2,169,671	Rentable Building Area	66,971 SF
Price Per SF	£32	Number of Floors	1
Sale Type	Investment or Owner User	Year Built/Renovated	1989/2004
Property Type	Industrial	Parking Ratio	1.08/1,000 SF
Property Subtype	Warehouse General Retail Storefront Retail/Residential Industrial Distribution Showroom	No. Dock-High Doors/Loading	8
Building Class	B	Level Access Doors	9
Lot Size	7.47 AC	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	£2,169,671
Price Per SF	£32
Sale Type	Investment or Owner User
Property Type	Industrial
Property Subtype	Warehouse General Retail Storefront Retail/Residential Industrial Distribution Showroom
Building Class	B
Lot Size	7.47 AC
Rentable Building Area	66,971 SF
Number of Floors	1
Year Built/Renovated	1989/2004
Parking Ratio	1.08/1,000 SF
No. Dock-High Doors/Loading	8
Level Access Doors	9
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

Fenced Lot

Signage

Reception

Fluorescent Lighting

Water - City
Sewer - City

1 of 1

PROPERTY TAXES

Parcel Numbers	Multiple 20-02-32-203-007.000-027 20-02-32-203-010.000-027 20-02-32-203-015.000-027 20-02-32-203-003.000-027 20-02-32-203-016.000-027 20-02-32-201-021.000-027 20-02-32-203-001.000-027 20-02-32-203-005.000-027 20-02-32-203-012.000-027 20-02-32-203-013.000-027 20-02-32-203-014.000-027 20-02-32-203-002.000-027 20-02-32-203-004.000-027 20-02-32-203-006.000-027 20-02-32-203-008.000-027 20-02-32-203-009.000-027	Improvements Assessment	£1,523,164
Land Assessment	£523,580	Total Assessment	£2,046,745