Building Details

Year Built 1978

Year Renovated 2006

Tenancy Single

Listing Agency: The Zacher Company

Listed By: Steven Zacher · License #IN RB14014906 Show Phone

Source: Crexi

Added: Aug 28, 2024 Changed: Sep 4 Last Checked: Sep 12 at 3:56AM

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Investment Insights

Based on property information with market context.

Located at 1000 N Morton St in Portland, IN, this industrial property offers 115,993 square feet of space. Constructed in 1978, the building is zoned IND/Industrial District. The property is suitable for manufacturing operations, storage, or distribution.

Key Highlights

• Expansive 115,993 SF manufacturing building provides ample space for various industrial operations.
• Located in Portland, IN, offering potential access to regional markets and workforce.
• Zoned IND/Industrial District, suitable for manufacturing, storage, or distribution.

Property Analytics

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Current Use

Manufacturing properties

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Parking Lot & Garage Auto Repair Shop Electrical Service Real Estate Agency

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

294

Businesses Nearby

Explore this area Business Placement

Demographics for 47371, IN

12,143

Population

5,458

Households

2.2

Avg Household Size

41

Median Age

15%

College-Educated

85%

High-School Grad

219.6 sq mi

ZIP Area

55

Density / Sq Mi

$59,215

Median Household Income

$38,031

Median Earnings

$746

Median Rent

$116,100

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

Questions? Ask Rey

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What type of property is this? Where is this manufacturing properties located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Manufacturing property - 115,993 SF manufacturing building in Portland, Indiana.

Where is this manufacturing property located?

The property is located at 1000 N Morton St. Portland, IN.

What is the asking price?

The asking price for this property is $4,400,000.

What are key features of this property?

This property features: Expansive 115,993 SF manufacturing building provides ample space for various industrial operations.; Located in Portland, IN, offering potential access to regional markets and workforce.; Zoned IND/Industrial District, suitable for manufacturing, storage, or distribution.