Building Details

Year Built 1950

Year Renovated 2021

Tenancy Multi

Listing Agency: Forge Commercial Advisors

Listed By: Troy Reimschisel · License #IN RB14027532 Show Phone

Source: Crexi

Added: Aug 24, 2024 Changed: Oct 6 Last Checked: Oct 14 at 10:49PM

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Investment Insights

Based on property information with market context.

This 43,150 square foot industrial building presents an investment opportunity. The property is fully leased with two tenants currently in place. The building is located on the north edge of Geneva, Indiana, directly off US Highway 27, which runs from Fort Wayne to Cincinnati. Geneva is situated at the intersection of US Hwy 27 and State Road 116, near the Wabash River. The location is approximately 35 miles south of Fort Wayne and 110 miles from Indianapolis.

Key Highlights

• Fully leased 43,150 square foot industrial building
• Multi‑tenant investment opportunity
• Located directly off US Highway 27

Property Analytics

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Current Use

Industrial properties

Suggested Use

Top Pick Parking Lot & Garage Building Supply Furniture & Home Goods Big Box & Wholesale Store Real Estate Agency Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

93

Businesses Nearby

Explore this area Business Placement

Demographics for 46740, IN

4,608

Population

1,333

Households

3.5

Avg Household Size

24

Median Age

6%

College-Educated

63%

High-School Grad

62.3 sq mi

ZIP Area

74

Density / Sq Mi

$59,230

Median Household Income

$32,438

Median Earnings

$643

Median Rent

$178,900

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

Frequently Asked Questions

What type of property is this?

Industrial property - 43,150 SF industrial building, fully leased, great investment opportunity.

Where is this industrial property located?

The property is located at 630 High St Geneva, IN.

What is the asking price?

The asking price for this property is $1,340,000.

What are key features of this property?

This property features: Fully leased 43,150 square foot industrial building; Multi‑tenant investment opportunity; Located directly off US Highway 27