Industrial Flex
For Sale
$3,300,000
1236 Patterson St, Decatur, IN 46733
Two-building industrial property combines office space, warehousing, outlots, and frontage along US27.
Property Size84,962 SF
Lot Size4.83 Acres
Price / SF$38.84
Days on Market36
Property Features for 1236 Patterson St
General Information
Standard status
Active
Size
84,962 SF
Lot size
4.83 Acres
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Warehouse Space
24,000 SF
Building Details
Year Built
1981
Buildings
2
Listing Agency:
Krueckeberg Auction And Realty
(260) 223-4082
Listed By:
Brevin Slusher · License #RB23002369
Source:
Spencerchildersgroup
Added: Jul 26
Changed: Aug 29
Last Checked: Aug 25 at 5:30AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Krueckeberg Auction And Realty
Investment Insights
Based on property information with market context.
This flex-oriented industrial property includes two buildings totaling 55,580 SF, with office space incorporated into the larger building and a two-story office component in the west building. The west structure also provides approximately 24,000 SQFT of warehouse area and frontage along US27. The improvements date to 1981.
The offering includes four surrounding outlots—three south of the buildings and one to the east—adding 1.44 acres to the 4.83-acre property. The two-building configuration supports a combination of office and industrial functions, while the ownership structure allows the front building to be separated from the larger rear building and associated lots.
The offering includes four surrounding outlots—three south of the buildings and one to the east—adding 1.44 acres to the 4.83-acre property. The two-building configuration supports a combination of office and industrial functions, while the ownership structure allows the front building to be separated from the larger rear building and associated lots.
Key Highlights
- Two‑building industrial property totaling 55,580SF
- Approximately 24,000 SQFT of warehousing in the west building
- Two‑story office component in the west building
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
457
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 46733, IN
18,669
Population
8,307
Households
2.2
Avg Household Size
41
Median Age
16%
College-Educated
94%
High-School Grad
172.4 sq mi
ZIP Area
108
Density / Sq Mi
$63,804
Median Household Income
$41,394
Median Earnings
$818
Median Rent
$162,500
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Two-building industrial property combines office space, warehousing, outlots, and frontage along US27.
Where is this flex space located?
The property is located at 1236 Patterson St Decatur, IN.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: Two‑building industrial property totaling 55,580SF; Approximately 24,000 SQFT of warehousing in the west building; Two‑story office component in the west building
