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Industrial Investment Opportunity 245 Erie St

53,154 SF Industrial Building Huntington, IN 46750 £374,775 (£7/SF)

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Investment Highlights

Minutes from major highways US-24, US-224, and I-69
Featuring outdoor storage space, and convenient loading access with an enclosed dock
Excellent visibility on a corner lot

Situated on 2.77 acres with more than 1,000 feet of combined road frontage
2,500 SF of dedicated o?ce space
Gated lot o?ers privacy

Executive Summary

Nestled within Huntington County, this industrial/warehouse asset boasts 53,154 square feet of versatile space, including 2,500 square feet of dedicated office space, presenting an ideal opportunity for both owner-users and savvy investors. A privacy fence surrounding the property offers seclusion and peace of mind, while its prime corner location ensures maximum visibility and accessibility. The property's value is further accentuated by its outdoor storage and parking space, catering to various industrial needs. Equipped with a sprinkler system, safety is paramount within its walls, while the added benefit of an enclosed dock enhances operational efficiency. In essence, this property encapsulates the epitome of industrial functionality and potential, poised to accommodate diverse ventures with seamless ease.

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Property Facts

Price	£374,775	Rentable Building Area	53,154 SF
Price Per SF	£7	Number of Floors	1
Sale Type	Investment	Year Built/Renovated	1949/1996
Property Type	Industrial	Tenancy	Single
Property Subtype	Warehouse Office Industrial Live Work Unit	Clear Ceiling Height	16 ft
Building Class	B	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.
Lot Size	2.77 AC

Price	£374,775
Price Per SF	£7
Sale Type	Investment
Property Type	Industrial
Property Subtype	Warehouse Office Industrial Live Work Unit
Building Class	B
Lot Size	2.77 AC
Rentable Building Area	53,154 SF
Number of Floors	1
Year Built/Renovated	1949/1996
Tenancy	Single
Clear Ceiling Height	16 ft
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

Fluorescent Lighting

Air Conditioning

Lighting - Fluorescent
Gas - Natural
Water - City
Sewer - City
Heating - Electric

PROPERTY TAXES

Parcel Numbers	Multiple 35-05-14-200-343.800-005 35-05-14-200-343.700-005 35-05-14-200-343.600-005	Improvements Assessment	£220,999
Land Assessment	£39,923	Total Assessment	£260,922