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Heavy-Duty Manufacturing Facility
For Sale
$700,000

400 S Gray St, Albany, IN 47320

Industrial building with high ceilings, reinforced concrete floors, heavy power, ventilation, overhead doors, offices, and support areas.

Property Size50,000 SF
Price / SF$14
Days on Market8

Property Features for 400 S Gray St

General Information

Standard status Active
Size 50,000 SF
Zoning Industrial

Site & Location

Highway Access Yes
Road Access Yes

Warehouse & Industrial

Three-Phase Power Yes
Heavy Power Yes

Building Details

Year Built 1930
Listing Agency: Shawver Auctioneering & Real Estate
Listed By: Nathaniel Scalf · License #RB15000145
Source: Callcriswell
Added: Aug 23 Changed: Aug 29 Last Checked: Aug 29 at 11:39AM

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 Shawver Auctioneering & Real Estate

Investment Insights

Based on property information with market context.

This manufacturing facility at 400 S Gray St in Albany, Indiana, occupies a 50,000-square-foot industrial building constructed in 1930. The property was formerly operated as Albany Metal Treating Inc. and includes high ceilings, reinforced concrete flooring, ventilation systems, substantial power capacity, and multiple overhead doors. Its layout provides room for equipment, production lines, storage, office functions, and staff support areas.

The facility was designed for metal processing, heat treating, and manufacturing operations, with infrastructure intended for high-temperature work. Existing industrial zoning is in place, and the site offers access to regional highways for transportation and logistics. The property is positioned between Fort Wayne and Indianapolis and includes 3-phase and heavy power onsite.

Key Highlights

  • 50,000‑square‑foot manufacturing facility at 400 S Gray St, Albany, IN 47320
  • Constructed in 1930 with high ceilings and reinforced concrete flooring
  • 3 Phase and Heavy Power Onsite

Property Analytics

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
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

116
Businesses Nearby

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
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Frequently Asked Questions

What type of property is this?
Manufacturing property - Industrial building with high ceilings, reinforced concrete floors, heavy power, ventilation, overhead doors, offices, and support areas.
Where is this manufacturing property located?
The property is located at 400 S Gray St 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: 50,000‑square‑foot manufacturing facility at 400 S Gray St, Albany, IN 47320; Constructed in 1930 with high ceilings and reinforced concrete flooring; 3 Phase and Heavy Power Onsite
More about this property
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