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510 Indianapolis Ave
Lebanon, IN 46052

Usa Manufacturing · Industrial Property For Sale

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EXECUTIVE SUMMARY

Unique opportunity with IOS (industrial outdoor storage) zoning.
3 tenants withe remaining vacancy and yard space for lease. upside of another $25-40k/yr

PROPERTY FACTS

Sale Type	Investment	Rentable Building Area	40,000 SF
Net Initial Yield	9.17%	Number of Floors	1
Property Type	Industrial	Year Built/Renovated	1923/2024
Property Subtype	Warehouse Industrial Distribution Showroom Industrial Truck Terminal	Clear Ceiling Height	19 ft
Building Class	C	No. Dock-High Doors/Loading	3
Lot Size	4.57 AC	Level Access Doors	2

Sale Type	Investment
Net Initial Yield	9.17%
Property Type	Industrial
Property Subtype	Warehouse Industrial Distribution Showroom Industrial Truck Terminal
Building Class	C
Lot Size	4.57 AC
Rentable Building Area	40,000 SF
Number of Floors	1
Year Built/Renovated	1923/2024
Clear Ceiling Height	19 ft
No. Dock-High Doors/Loading	3
Level Access Doors	2

AMENITIES

24 Hour Access
Courtyard

Fenced Lot
Security System

Signage

Storage Space

Lighting
Gas
Water
Sewer
Heating

PROPERTY TAXES

Parcel Numbers	Multiple 06-11-31-000-016.010-002 06-11-31-000-016.003-002	Improvements Assessment	£185,144
Land Assessment	£77,143	Total Assessment	£262,287

PROPERTY TAXES

Parcel Numbers

Multiple

06-11-31-000-016.010-002
06-11-31-000-016.003-002

Land Assessment

£77,143

Improvements Assessment

£185,144

Total Assessment

£262,287

ZONING

Zoning Code	ID (ID - General Industrial District)
ID (ID - General Industrial District)

Listing ID: 33677744
Date on Market: 29/10/2024
Last Updated:
Address: 510 Indianapolis Ave, Lebanon, IN 46052

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