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    FOR SALE
    Manufacturing properties

    1302 E Hackberry St, Salem, IN 47167

    7,808 SF 0.96 ac lot Built 1940
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US31-2280387
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a thriving second-generation business with its accompanying real estate, located at 1302 E Hackberry Street in Salem, Indiana. The property sits on a 0.65-acre lot, offering convenient access and high visibility across the street from a Walmart store. The sale includes the entire business, encompassing all assets as detailed in the corporate federal tax return, which will be provided to qualified buyers under a signed confidentiality agreement. A significant portion of the sale includes numerous CNC machines and other valuable equipment, a partial list of which is available in supplemental attachments. This presents a turnkey operation with immediate revenue potential. The current owner is prepared to offer a short-term transition period to ensure a smooth handover to the new owner. Furthermore, the business possesses the flexibility to be relocated, providing the new owner with considerable operational adaptability. The asking price for this combined real estate and business opportunity is $639,000. Serious inquiries only, and a signed confidentiality agreement is required before further details, including the complete asset list and financial information, are disclosed. This is a rare chance to acquire a well-established business with significant assets and a prime location. Don't miss this opportunity to own a profitable enterprise with substantial growth potential.

    Property profile
    Verified
    Property type Manufacturing properties
    Use group MANUFACTURING (LIGHT)
    Year built 1940
    Construction TYPE NOT SPECIFIED
    Total area 7,808 SF
    Lot 0.96 ac (41,643 SF)
    APN 88-24-16-222-003.000-022
    UPID US31-2280387
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Paynter Machine Works Industrial Manufacturer
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Design & Manufacturing Holdings Co · 1 yrs held
    Design & Manufacturing Holdings Co
    since 2024
    Last sale
    $250,000
    4 recorded transactions
    2024
    2024
    $250,000
    2015
    2009
    $10,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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