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    1303 W Chestnut St Union City, IN 47390

    For Lease
    $4 SF/Yr ($12,120 /Mo)

    Industrial - Union City, IN

    Type:Industrial
    Property size:
    36,360 SF
    Lot size:
    2.32 Acres
    Days on Market:
    124
    Last Refresh:
    Dec 5 at 8:06 am

    Property Features for 1303 W Chestnut St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Industrial
    Standard status
    Active
    Rooms
    Office
    APN
    68-02-36-226-002.000-019
    Interior features
    Drywall, None
    Size
    36,360 SF
    Lot size
    2.32 Acres

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1981
    Floors in Building
    1
    Flooring type
    Concrete
    Roof type
    Asphalt
    Architectural style
    Other

    David M Tarter (765) 595-8155 [email protected]

    Listing agent Paul Faddis (765) 595-8155 License #RB15000347

    Listing date Aug 4, 2025

    MLS# 202518593 Listing URL

    Copyright © 2025 Mid-Eastern Indiana Association of Realtor MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Union City Industrial Facility

    This commercial property in Union City, Indiana, offers a heavy-duty industrial facility suitable for sale or lease. The main building features a large front lobby, a private office, and a storage room, along with two restrooms. A 50' x 45' work area includes two overhead doors, making it suitable for fabrication, repair, or assembly. The expansive 145' x 80' production area is equipped with two overhead doors, facilitating the efficient movement of equipment, vehicles, or materials. Additionally, a 348' x 60' cold storage building is included, featuring three overhead doors, two of which are 16' high, making it ideal for warehousing, shipping/receiving, or bulk storage. The property provides ample room for industrial operations, logistics, or equipment staging. The property is situated on a 2.32-acre lot. The total living area of the property is 36360 square feet. The property is located in Randolph County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Union City Stor & Lock

    Location Insight

    • Map
    • Local Demand
    City
    Union City
    County
    Randolph
    State
    Indiana
    Longitude
    -84.821866
    Latitude
    40.193626

    Nearby Similar for Lease

    • $10 SF/Yr
      52,595 SF

      Versatile Industrial Space in Union

      32,000 sq. ft. industrial building for lease.
      946 S State Road 32, Union City, IN 47390
      View Details

    FAQs

    What type of property is this?
    Warehouse - Versatile industrial facility for sale or lease in Union City.
    Where is this warehouse located?
    The property is located at 1303 W Chestnut St Union City, IN.
    What is the lease rate?
    The lease rate is $4 SF/Yr.
    What are key features of this property?
    This property features: - Expansive 145' x 80' production area with two overhead doors.; - Large 348' x 60' cold storage building with three overhead doors, two of which are 16' high.; - Versatile 50' x 45' work area with two overhead doors.
    (765) 595-8155
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1303 W Chestnut St Union City, IN 47390
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