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Westfield Industrial Buildings For Sale
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502 IN-32, Westfield, IN

Two industrial buildings totaling 24,256 SF on 3.12 acres.

Property Size24,256 SF
Lot Size3.10 Acres
Days on Market382

Property Features for 502 IN-32

General Information

Standard status Active
Size 24,256 SF
Lot size 3.10 Acres
Property subtype INDUSTRIAL
Listing Agency: Colliers
Listed By: Huston Spencer
Source: Moodyscre
Added: Jul 15, 2025 Changed: Jul 6 Last Checked: Jul 21 at 5:09AM

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 Colliers

Investment Insights

Based on property information with market context.

The property features two freestanding buildings totaling approximately 24,256 square feet on approximately 3.12 acres. One building offers approximately 10,800 square feet of office and shop space, while the other industrial building (Plant 2) provides approximately 13,456 square feet. Each building includes three drive-in doors, for a total of six. The property is zoned EI (Industrial/Enclosed) and offers excellent visibility with direct frontage along IN-32. Ideally suited for an owner-occupant or redevelopment, the property is located in one of Indiana’s most affluent and fastest-growing corridors. The location is surrounded by national retailers, including Meijer, Chick-fil-A, Tractor Supply, Starbucks, and Wawa. It is less than 2 miles from US-31 and minutes from Grand Park Sports Campus, benefiting from strong local demographics.

Key Highlights

  • Excellent visibility along IN‑32 with direct frontage.
  • Located in one of Indiana’s most affluent and fastest‑growing corridors.
  • ±24,256 SF across two freestanding buildings on ±3.12 Acres.

Property Analytics

Current Use

Manufacturing properties

Location Intelligence

Trade Area within ½ mile

204
Businesses Nearby

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 - Two industrial buildings totaling 24,256 SF on 3.12 acres.
Where is this manufacturing property located?
The property is located at 502 IN-32 Westfield, IN.
What are key features of this property?
This property features: Excellent visibility along IN‑32 with direct frontage.; Located in one of Indiana’s most affluent and fastest‑growing corridors.; ±24,256 SF across two freestanding buildings on ±3.12 Acres.
(317) 713-2130 Call to check price and availability
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