Overview
Income Producing Warehouse For Sale
This 20,855 square foot warehouse and distribution property is located off I-69, S. Kentucky Ave, and Hwy 41, across from Wolfe's Auto Auction. The property consists of three leased spaces. Unit A, built in 1978 with steel construction, offers 6,000 square feet and is leased month-to-month for $2,350 per month. It features one office, a half bath, one bay, 400 amp/3 phase power, 16' clear height, gas and electric utilities, LED high bay lighting, a new TPO roof overlay within the last 5 years, and 5" concrete floors. Unit B, also built in 1978 with steel construction, provides 7,775 square feet and is leased for $1,950 per month until October 31, 2025. It includes one office, a half bath, two bays, 400 amp/3 phase power, 16' clear height, gas and electric utilities, LED high bay lighting, a new TPO roof overlay within the last 5 years, and 5" concrete floors. Unit C, built in 2019, offers 7,080 square feet (60x120) and is leased for $2,800 per month until November 30, 2025. It features a small office, a half bath, 400 amp/3 phase power, 16' clear height, spray foam insulation in the walls, R30 insulation in the ceiling, interior metal liner panels, gas and electric utilities, a main floor drain, LED high bay lighting, a fenced yard, two 16x16 overhead doors, and 6" concrete floors. The property's insurance costs $7,762, taxes are $12,389, and total expenses amount to $20,151, with an income of $78,600.
