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Manufacturing and Office Buildings
For Sale
$450,000

179 N Miami St, Peru, IN 46970

Two connected buildings suitable for manufacturing and office use.

Property Size20,064 SF
Price / SF$22.43
Days on Market205

Property Features for 179 N Miami St

General Information

Standard status Active
Size 20,064 SF

Building Details

Year Built 1977
Listing Agency: MANITOU REALTY and AUCTION, INC.
Listed By: John Little · License #RB14044493
Source: Spencerchildersgroup
Added: Mar 26 Changed: Oct 14 Last Checked: Oct 7 at 2:06PM

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 MANITOU REALTY and AUCTION, INC.

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Investment Insights

Based on property information with market context.

Two connected buildings are available, one configured for heavy or light manufacturing with 600 amp/3 phase electrical service, a dock area, and an air compressor, with ample room to install a dock. The other building is set up for light manufacturing, sorting/packaging, and office space, including a customer entry, office space, and a conference room, with 400 amp/3 phase electrical service. Both buildings have air conditioning and have been well maintained. The property offers ample parking and additional expansion possibilities. The property has a total size of 13592 square feet and is suitable for commercial real estate, manufacturing, industrial, and office use.

Key Highlights

  • Suitable for both heavy and light manufacturing with two connected buildings.
  • High power electrical capacity: 600 amp/3 phase and 400 amp/3 phase.
  • Includes dock area and air compressor.

Property Analytics

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Current Use

Modern Graphics Marketing & Advertising Marketing.com Marketing & Advertising

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Auto Parts Store Kitchen & Bath Showroom Garden Center

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

Location Intelligence

Trade Area within ½ mile

661
Businesses Nearby

Demographics for 46970, IN

23,317
Population
10,177
Households
2.3
Avg Household Size
41
Median Age
16%
College-Educated
88%
High-School Grad
179.9 sq mi
ZIP Area
130
Density / Sq Mi
$56,722
Median Household Income
$34,895
Median Earnings
$822
Median Rent
$111,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Manufacturing property - Two connected buildings suitable for manufacturing and office use.
Where is this manufacturing property located?
The property is located at 179 N Miami St Peru, 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: Suitable for both heavy and light manufacturing with two connected buildings.; High power electrical capacity: 600 amp/3 phase and 400 amp/3 phase.; Includes dock area and air compressor.
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