High-Bay Manufacturing
For Sale
$450,000
316 Wood Street, Morristown, IN 46161
Commercial Sale, Morristown, IN
Property Size5,160 SF
Lot Size8.81 Acres
Price / SF$87.21
Days on Market52
Property Features for 316 Wood Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Light Industrial
Fencing
Fenced
High school
Morristown Jr-Sr High School
Elementary school district
Shelby Eastern Schools
Middle school district
Shelby Eastern Schools
High school district
Shelby Eastern Schools
Directions
GPS will try to take you to Greenfield. Waze is the best map to use. Type in the address including Morristown.
Subdivision
7303 - Shelby - Hanover
Standard status
Active
APN
730407300016000008
Lot size
8.81 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Pt Sw 7 14 8 1.11 Ac
Legal Description
Pt Sw 7 14 8 1.11 Ac
Building Details
Year built
1981
Floors in Building
1
Roof type
Composition
Listing Agency:
Weichert REALTORS(R) Cooper Group Indy
(317) 538-5885
Listed By:
Brittany Stearman · License #RB20000432
(317) 538-5885
Added: Jul 10
Changed: Aug 28
Last Checked: Aug 30 at 6:06AM
MLS# 22113420
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Investment Insights
Based on property information with market context.
This single-story manufacturing facility contains 5,160 square feet of high-bay shop space beneath 30-foot ceilings. An elevated office area includes a kitchen and bathroom, creating separate administrative and break functions from the main work area. The building is equipped with 360-amp electrical service, city water, and city sewer, with new water lines recently installed to the building.
The property encompasses 8.81 combined acres across three parcels, with a fully fenced site that includes wooded acreage, mature black walnut trees, and a creek. The Light Industrial zoning and large site support manufacturing, fabrication, assembly, warehousing, distribution, and outdoor material or equipment staging, subject to applicable requirements. Built in 1981, the property also provides room for potential expansion or additional outbuildings.
The property encompasses 8.81 combined acres across three parcels, with a fully fenced site that includes wooded acreage, mature black walnut trees, and a creek. The Light Industrial zoning and large site support manufacturing, fabrication, assembly, warehousing, distribution, and outdoor material or equipment staging, subject to applicable requirements. Built in 1981, the property also provides room for potential expansion or additional outbuildings.
Key Highlights
- 5,160 square feet of high‑bay manufacturing space
- 30‑foot ceilings accommodate large equipment and material handling
- 8.81 combined acres across three parcels
Property Analytics
Property Profile
Current Use
Lease Details
30 ft
Clear height
Yes
Fenced yard
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
34
Businesses Nearby
Explore this area
Business Placement
Demographics for 46161, IN
2,576
Population
974
Households
2.6
Avg Household Size
43
Median Age
19%
College-Educated
92%
High-School Grad
34.3 sq mi
ZIP Area
75
Density / Sq Mi
$70,337
Median Household Income
$38,944
Median Earnings
$959
Median Rent
$206,700
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Light-industrial facility with substantial yard area, dedicated office functions, and infrastructure suited to production operations.
Where is this manufacturing property located?
The property is located at 316 Wood Street Morristown, IN.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 5,160 square feet of high‑bay manufacturing space; 30‑foot ceilings accommodate large equipment and material handling; 8.81 combined acres across three parcels
