This exceptional 50,000-square-foot Class A industrial warehouse, situated on a 9-acre lot within the Vermillion Rise Mega Park in Hillsdale, Indiana, presents a compelling owner-user opportunity. Built in 2017, the single-story building boasts a 32-foot ceiling height and features three loading docks, plus a 14'x18' drive-in door. The precast concrete structure, with a sloped deck roof and TPO membrane, is currently a grey shell, fully prepared to receive an industrial-grade concrete floor. The expansive site is completely finished, including sidewalks, asphalt parking, landscaping, and truck aprons. The property's strategic location offers easy access to I-74 and I-70, placing it within reach of a substantial workforce and major economic drivers. The Vermillion Rise Mega Park provides access to Panhandle Eastern Pipeline gas, water, and sewer services, along with Duke Energy electricity, and a 7MW substation is located within a quarter-mile. Further enhancing its appeal, this property is located within a Tax Increment Financing (TIF) district, providing access to unique development incentives, including property tax abatement and tax increment financing. The building's west wall, constructed of engineered metal, allows for straightforward expansion up to 200,000 square feet in multiple configurations. The asking price is $3,600,000, translating to $72 per square foot. The property's APN is 83-09-09-900-001.002-011. This is a fee simple ownership opportunity. The property includes 22 parking spaces. Zoning is permitted for industrial use.
Highlights
50,000 SF Class A industrial warehouse, expandable to 200,000 SF, precast concrete construction.
Three loading docks, plus provisions for additional docks; one 14'x18' drive-in door.
Grey shell building, ready for industrial-grade concrete flooring.
Site improvements complete, including parking, landscaping, and truck aprons.
Access to Panhandle Eastern Pipeline utilities and Duke Energy electricity; 7MW substation nearby.
Located in a Tax Increment Financing (TIF) district, offering development incentives.
The property is located at 222 Broadway Hillsdale, IN.
What is the asking price?
The asking price for this property is $3,600,000.
What are key features of this property?
This property features: 50,000 SF Class A industrial warehouse, expandable to 200,000 SF, precast concrete construction.; Three loading docks, plus provisions for additional docks; one 14'x18' drive-in door.; Grey shell building, ready for industrial-grade concrete flooring.
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Contacts
Julia Evinger
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Broadway Hillsdale, IN 47854
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Broadway Hillsdale, IN 47854
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222 Broadway
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