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Flex Building with Two Workshops
For Sale
Contact for pricing
Pending

412 S Orange St, Albion, IN 46701

5,712 sq. ft. flex building includes two large workshops, two office spaces, and a restroom on a fenced commercial lot.

Property Size5,712 SF
Lot Size0.71 Acres
Days on Market148

Property Features for 412 S Orange St

General Information

Standard status Pending
Size 5,712 SF
Lot size 0.71 Acres
Property subtype Retail

Site & Location

Highway Access Yes
Road Access Yes
Fenced Yard Yes
Listing Agency: schrader auction
Listed By: Dean Rummel · License #IN 000000
Source: Crexi
Added: Apr 11 Changed: Sep 3 Last Checked: Sep 2 at 2:07AM

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 schrader auction

Investment Insights

Based on property information with market context.

This flex building offers a practical mix of workspace and office area, totaling 5,712 sq. ft. The interior includes two large workshops, two office spaces, and a restroom. The east end of the building is set up for heat only, while the west half is heated and cooled. A 7.5 horsepower air compressor with 3/4 Rapid Air lines is located on the east end of the building.

The property sits on a 0.710-acre commercial lot with a perimeter fence installed around the back end in 2017. Ligtel Fiber Optics was installed in 2019, supporting strong internet and phone service. New gutters and ice jams were installed in 2020.

Additional building features include dual furnaces, supporting separate heating configurations by building half.

Key Highlights

  • 0.710‑acre commercial lot with a 5,712 sq. ft. building
  • Building includes two large workshops, two office spaces, and a restroom
  • Perimeter fence installed around the back end of the lot in 2017

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Big Box & Wholesale Store Auto Parts Store HVAC Service Restaurant

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
Fenced yard
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

193
Businesses Nearby
Balanced
Demand for This Use

Demographics for 46701, IN

7,687
Population
3,386
Households
2.3
Avg Household Size
43
Median Age
27%
College-Educated
93%
High-School Grad
96.8 sq mi
ZIP Area
79
Density / Sq Mi
$76,813
Median Household Income
$45,847
Median Earnings
$835
Median Rent
$194,300
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - 5,712 sq. ft. flex building includes two large workshops, two office spaces, and a restroom on a fenced commercial lot.
Where is this flex space located?
The property is located at 412 S Orange St Albion, IN.
What are key features of this property?
This property features: 0.710‑acre commercial lot with a 5,712 sq. ft. building; Building includes two large workshops, two office spaces, and a restroom; Perimeter fence installed around the back end of the lot in 2017
More about this property
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