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Listed by Brian Allardt • Coldwell Banker Real Estate Group • Cell: 765-808-1400
$ 650,000
Est. payment | /mo
2.38 Acres Lot
$ 650,000
Est. payment | /mo
2.38 Acres Lot
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202633706
Year Built 1972
Annual Tax Amount $3,324
Lot Size 2.380 Acres
Property Sub-Type Industrial
Property Description
Small Industrial investment property with two long term and stable tenants. Tenant 1 is a bakery tenant with a lease for 10,000 sq ft running until 1-31-30 with rent increases 2-1-27 and 2-1-28. Tenant 2 is Overhead Door leasing 5600 sq ft with a lease running until 12-31-27. This property has good visibility on State Road 3 and is zoned II Intense Industrial. Less than 1/2 of the 2.38 acre site is improved allowing for future expansion with building or outdoor storage area.
Location
State IN
County Delaware County
Area Delaware County
Direction Royerton road to SR 3 south to property on the east side
Interior
Flooring Vinyl Tile
Appliance Building, Land, Lease
Laundry , 20
Exterior
Roof Type Asphalt,Rubber
Total Parking Spaces 20
Building
Story 1
New Construction No
Others
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202633706
IDX information provided by the Indiana Regional MLS. © 2026 Listings courtesy of Indiana Regional MLS as distributed by MLS GRID. All Rights Reserved.
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