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502 S Oakland Ave
Nappanee, IN 46550

502 S Oakland Ave · Industrial Property For Sale

PROPERTY FACTS

Property Type Industrial
Property Subtype
Manufacturing
  • Industrial Distribution
  • Industrial Warehouse
Building Class C
Lot Size 17.75 AC
Rentable Building Area 164,405 SF
Number of Floors 1
Year Built 1983
Tenancy Single
Parking Ratio 0.72/1,000 SF
Clear Ceiling Height 27 ft
No. Dock-High Doors/Loading 14
Level Access Doors 28

Amenities

  • Fenced Lot

Utilities

  • Lighting - Metal Halide

About 502 S Oakland Ave , Nappanee, IN 46550

4 building Industrial manufacturing/warehouse campus with a total of 164,405 SF (including 9,455 SF of office space) on approximately 19 acres of land. The main building is 106,705 SF and was designed for construction of manufactured homes. The property offers a host of amenities such as 22' - 27' clear ceiling heights, 14 grade level overhead doors, 14 dock high loading doors and multiple 1 and 2 ton cranes (hoists not included). The building features 800 Amps of 480V, 3 Phase power and is heated by a combination of gas fired air rotation and radiant tube heat. The building is wet sprinkled, fenced, serviced by municipal utilities and high speed internet access is available. Property is bordered by a rail line (CSX). The building has 40' x 80' bay spacing,T-5 lighting, and is zoned M-1 Manufacturing. The floors are 6" reinforced concrete. The property is being offered for sale for $3,275,000 or lease for $2.80 per SF per year NNN. The main building 106,705 can be leased by itself or with the surrounding buildings for a total of 164,405 SF. Property is located just south of US-6 (Market Street) and County Road 7 (S Oakland) in Nappanee, and one mile from State Road 15. The Goshen Fiber Network is managed by New Paris Telephone, Inc. New Paris Telephone (NPT) is a locally owned telephone company headquartered in New Paris Indiana. The Network is a Gigabit (1000 Mb) fiber optic network that is the now generation network and currently serves the towns of Goshen, New Paris, Nappanee, Wakarusa, Milford and Millersburg.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 20-14-31-476-002.000-029
  • 20-14-32-301-025.000-029
  • 20-14-31-476-008.000-029
Land Assessment
£497,787
Improvements Assessment
£2,627,423
Total Assessment
£3,125,210

zoning

Zoning Code M-1
M-1
  • Listing ID: 5775475

  • Date on Market: 06/02/2017

  • Last Updated:

  • Address: 502 S Oakland Ave, Nappanee, IN 46550

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