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Property profile & analytics
OFF-MARKET
Commercial real estate

390 Broadway St Huntington, IN 46750

29,090 SF 1.5 ac lot Built 1973
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US31-1764074
Property summary
AI-generated overview

This exceptional value-add industrial property in Huntington, Indiana, presents a compelling investment opportunity. Encompassing 31,200 square feet across two single-story buildings on a 1.5-acre lot, this Class B asset boasts a prime location within a thriving industrial corridor. Strategically situated between US-24 and US-224, with convenient access to I-69 (ten minutes away), this property offers unparalleled accessibility. The 388 feet of frontage along N. Broadway Street provides excellent visibility. The property features three loading docks strategically positioned between the warehouse and manufacturing areas, optimizing operational efficiency. The connected buildings offer flexibility, allowing for the creation of smaller, separately leased spaces while maintaining shared dock access. Currently leased, this property presents a strong cash flow opportunity for investors seeking a value-add project. The permitted zoning is commercial. The asking price is $895,000, translating to $28.69 per square foot. This rare Huntington County industrial offering is ideal for both users and investors seeking a high-return investment with excellent location and operational advantages.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1973
Construction TYPE NOT SPECIFIED
Total area 29,090 SF
Lot 1.5 ac (65,340 SF)
APN 35-05-14-100-343.300-005
UPID US31-1764074
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Fuslon Properties LLC · 1 yrs held
Fuslon Properties LLC
since 2024
1 recorded transaction
2024
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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