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New Asking Price: $700,000 plus 5% buyer’s premium (reduced from $1,300,000)
Buyer’s Premium: 5%
Cooperating Broker’s Commission: 2% of Offer Price (before Buyer‘s Premium is added)
Lot Size: Approx. 29 Acres
15 Industrial Buildings
Total Buildings SF: Approx. 650,000
2019 Taxes: $106,903.54 (Total 28 PINS)
This property consists of approximately 29 acres zoned heavy industrial in Terre Haute, Indiana with fifteen (15) industrial manufacturing buildings. It features heavy power; 12 drive in door docks; ceiling heights ranging from approximately 9’ – 23’; a large, adjacent parking lot; a parking lot across the street; several other vacant, adjacent lots; and nearby rail access.
This is an ideal site for building a logistics and distribution center literally at “the crossroads of America.” These buildings have been well maintained and are also well suited for continued manufacturing use. The current business is vacating the property due to the owner retiring and winding down the business.
Terre Haute Indiana is the Crossroads of America. US Highway 40, the old National Road which opened the west for settlement, and U. S. Highway 41, a major north-south route, were designated part of the original federal highway system in 1926.
Offered in Cooperation with Indiana Real Estate License #RB14032591
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