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Clear-Span Warehouse
For Sale
$60,000

708 N Eel River Cemetery Road Unit 1, Peru, IN 46970

The modified-gross lease includes 24-hour tenant access and multiple loading options.

Property SizeContact for details
Days on Market10

Property Features for 708 N Eel River Cemetery Road Unit 1

General Information

Standard status Active
Property subtype Commercial

Site & Location

Highway Access Yes
Utilities to Site No

Amenities

overhead doors
dock-height loading positions
24-hour tenant access

Building Details

Year Built 1998
Construction clear-span
Listing Agency: Carriger Oldfather Realty, Inc
Listed By: Ethan Manning · License #38970
Source: Jmrealtyonline
Added: Oct 21 Changed: Oct 29 Last Checked: Oct 28 at 11:29AM

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 Carriger Oldfather Realty, Inc

Rey
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Investment Insights

Based on property information with market context.

Building 1 is a 15,680-SF warehouse with an open, clear-span interior, concrete flooring, insulated construction, and 13' 9" of interior clearance. Loading is served by three overhead doors and three dock-height positions. The building was constructed in 1998 and has 24-hour tenant access. It does not have active heating or cooling, water service, or restroom facilities.

The property is at 708 N Eel River Cemetery Road in Peru, Indiana, near the U.S. 31 and U.S. 24 interchange. Two additional warehouses are available: a 15,680-SF building behind Building 1 and a 15,456-SF building across the county road. Together, the three buildings offer approximately 46,816 SF. Building 1 may be leased separately or in combination with the others.

The modified-gross arrangement includes landlord payment of real estate taxes and building property insurance, plus mowing, snow removal, and ordinary building maintenance. Electricity is separately metered; tenant-caused damage is the tenant’s responsibility. Parking, trailer parking, and exterior storage require landlord approval and lease terms.

Key Highlights

  • 15,680‑SF clear‑span warehouse with insulated construction and concrete floor
  • 13' 9" interior clearance
  • Three overhead doors and three dock‑height loading positions

Property Analytics

Current Use

Rent A Trailer Car Rental Facility

Suggested Use

Top Pick Parking Lot & Garage Building Supply Auto Repair Shop Auto Parts Store Garden Center Butcher

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
Highway access

Location Intelligence

Trade Area within ½ mile

23
Businesses Nearby
Well-served
Demand for This Use

Demographics for 46970, IN

23,317
Population
10,177
Households
2.3
Avg Household Size
41
Median Age
16%
College-Educated
88%
High-School Grad
179.9 sq mi
ZIP Area
130
Density / Sq Mi
$56,722
Median Household Income
$34,895
Median Earnings
$822
Median Rent
$111,200
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?
Warehouse - The modified-gross lease includes 24-hour tenant access and multiple loading options.
Where is this warehouse located?
The property is located at 708 N Eel River Cemetery Road Unit 1 Peru, IN.
What is the asking price?
The asking price for this property is $60,000.
What are key features of this property?
This property features: 15,680‑SF clear‑span warehouse with insulated construction and concrete floor; 13' 9" interior clearance; Three overhead doors and three dock‑height loading positions
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