Building Details

Year built 1930

Flooring type Carpet, Concrete

Roof type Metal

Listing Agency: Shawver Auctioneering & Real Estate Show Phone

Listed By: Nathaniel Scalf · License #RB15000145 Show Phone

Added: Mar 24 Changed: Sep 15 Last Checked: Sep 21 at 11:06AM

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MLS# 202609718

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Investment Insights

Based on property information with market context.

This manufacturing facility occupies a 7.59-acre site and was constructed in 1930 for industrial operations. The building includes high ceilings, reinforced concrete flooring, a metal roof, concrete and carpet flooring, central air, substantial power capacity, ventilation systems, and multiple overhead doors. Its interior layout provides room for equipment, production lines, storage, administrative offices, and staff support functions.

The property formerly operated as Albany Metal Treating Inc and supported metal processing and heat-treating activities, including poly and oil quench processing, induction furnaces, and vacuum furnaces. The facility had a reported capacity of over 250,000 pounds per day. Existing industrial zoning and access to regional highways support manufacturing, processing, and logistics operations. The property is located in Albany, Indiana, in Delaware County, between Fort Wayne and Indianapolis.

Key Highlights

• 7.59‑acre industrial manufacturing site
• Building constructed in 1930 with high ceilings and reinforced concrete flooring
• Over 250,000 pounds per day reported processing capacity

Property Analytics

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Current Use

Total Trac System ... (Bike/Boat/Book/etc) Store Albany Metal Treating ... Building Supply

Suggested Use

Top Pick Real Estate Agency Plumbing Service (Bike/Boat/Book/etc) Store Furniture & Home Goods Garden Center Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Heavy power

Location Intelligence

Trade Area within ½ mile

116

Businesses Nearby

Explore this area Business Placement

Demographics for 47320, IN

3,978

Population

2,176

Households

1.8

Avg Household Size

45

Median Age

16%

College-Educated

93%

High-School Grad

32.6 sq mi

ZIP Area

122

Density / Sq Mi

$68,244

Median Household Income

$41,406

Median Earnings

$669

Median Rent

$120,300

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

Questions? Ask Rey

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What type of property is this? Where is this manufacturing properties located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Manufacturing property - Industrial property with high-clearance space, heavy power, overhead doors, and office support areas.

Where is this manufacturing property located?

The property is located at 400 S Gray Street Albany, IN.

What is the asking price?

The asking price for this property is $700,000.

What are key features of this property?

This property features: 7.59‑acre industrial manufacturing site; Building constructed in 1930 with high ceilings and reinforced concrete flooring; Over 250,000 pounds per day reported processing capacity