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Industrial Warehouse with Loading Dock
New
For Sale
$1,200,000

199 Raymond Street, Hope, IN 47246

COMMERCIAL, Hope, IN

Property Size23,774 SF
Lot Size3.00 Acres
Price / SF$50.48
Days on Market2

Property Features for 199 Raymond Street

General Information

Property type Commercial Sale
Property subtype Other
Directions GPS Friendly!!
Subdivision Bartholomew County
Standard status Active
APN 03-07-21-240-000.400-014
Lot size 3.00 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Hope Industrial Park Minor Plat (P/34B) - Lot 3
Tax Annual Amount 9802
Legal Description Hope Industrial Park Minor Plat (P/34B) - Lot 3

Utilities

Cooling system Central Air

Amenities

warehouse and production areas
multiple overhead doors
loading dock
two offices
additional space

Building Details

Year built 1994
Flooring type Carpet, Concrete
Roof type Metal
Listing Agency: FC Tucker/Bloomington REALTORS
Listed By: Chris Cockerham
Added: Oct 22 Last Checked: Oct 23 at 5:06PM
MLS# 202643713

Copyright © 2026 Indiana Uplands Realtor® Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

The 23,774-square-foot industrial building occupies approximately 3 acres and includes warehouse and production space, multiple overhead doors, a loading dock, and two offices. Additional interior area may accommodate office expansion. Concrete and carpet flooring, central air conditioning, and a metal roof are among the building features; construction dates to 1994.

An existing business opportunity is offered alongside the real estate. The property is located at 199 Raymond Street in Hope, Indiana.

Key Highlights

  • 23,774 SF industrial facility on approximately 3 acres
  • Warehouse and production areas with multiple overhead doors
  • Loading dock and two offices

Property Analytics

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Current Use

Air Support Medical ... Medical Supply Store Eclipse Molding Company Factory

Suggested Use

Top Pick Building Supply Dental Office Restaurant Hair Salon Electrical Service Plumbing Service

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

37
Businesses Nearby
Well-served
Demand for This Use

Demographics for 47246, IN

4,343
Population
1,462
Households
3
Avg Household Size
39
Median Age
19%
College-Educated
88%
High-School Grad
58.1 sq mi
ZIP Area
75
Density / Sq Mi
$88,106
Median Household Income
$36,739
Median Earnings
$1,088
Median Rent
$165,300
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?
Warehouse - Production and storage areas are complemented by overhead doors and two offices.
Where is this warehouse located?
The property is located at 199 Raymond Street Hope, IN.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 23,774 SF industrial facility on approximately 3 acres; Warehouse and production areas with multiple overhead doors; Loading dock and two offices
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