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Industrial Manufacturing Facility with Overhead Doors
For Sale
$700,000

400 S Gray Street, Albany, IN 47320

COMMERCIAL - Albany, IN

Property SizeContact for details
Lot Size7.59 Acres
Days on Market141

Property Features for 400 S Gray Street

General Information

Property type Commercial Sale
Property subtype Other
Lot features City
Directions 1st Main Entrance is 3 Blocks South of State Street on Dowden; 2nd Entrance is 2 Blocks South of State Street on Gray Street
Subdivision Delaware County
Standard status Active
APN 18-08-02-330-010.000-005
Lot size 7.59 Acres

Taxes and HOA fees

Tax Description PT N HALF 7.5900Acres STR: 022111 IN: OUT
Tax Annual Amount 8254
Legal Description PT N HALF 7.5900Acres STR: 022111 IN: OUT

Utilities

Cooling system Central Air

Building Details

Year built 1930
Flooring type Concrete, Carpet
Roof type Metal
Listing Agency: Shawver Auctioneering & Real Estate
Listed By: Nathaniel Scalf · License #RB15000145
Added: Mar 24 Changed: Aug 4 Last Checked: Aug 11 at 7:06PM
MLS# 202609718

Copyright © 2026 Upstate Alliance of REALTORS® Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Industrial manufacturing facility formerly operated as Albany Metal Treating Inc, built for heavy-duty industrial use on 7.59 acres at 400 S Gray Street in Albany, Indiana. The metal-treating and manufacturing-oriented facility includes high-clearance space, reinforced concrete flooring, and a metal roof, along with office and support areas for staff and inventory. The building also features multiple overhead doors for loading, unloading, and operational workflow.

The property is described as having a capacity of over 250,000 pounds per day and infrastructure designed to support high-temperature operations, including substantial power capacity and ventilation systems. Cooling is provided via central air, and the site includes 3-phase and heavy power onsite.

For operations that rely on industrial power, process ventilation, and efficient truck access, the facility is positioned for convenient transportation and logistics, with access to regional highways.

Key Highlights

  • 7.59‑acre industrial manufacturing site at 400 S Gray Street, Albany, IN 47320
  • Capacity of over 250,000 pounds per day for metal treating and related industrial production
  • Built in 1930 with high‑clearance space, reinforced concrete flooring, and a metal roof

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

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
Rey
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Frequently Asked Questions

What type of property is this?
Manufacturing property - Industrial manufacturing facility on 7.59 acres with reinforced concrete floors, central air, and multiple overhead doors.
Where is this manufacturing property located?
The property is located at 400 S Gray Street 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: 7.59‑acre industrial manufacturing site at 400 S Gray Street, Albany, IN 47320; Capacity of over 250,000 pounds per day for metal treating and related industrial production; Built in 1930 with high‑clearance space, reinforced concrete flooring, and a metal roof
More about this property
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