508 Polk St Morocco, IN 47963-8144

Property Details for 508 Polk St

Year built

1953

Construction

WOOD

Lot size

2.26 lot acres

Property size

32,960 SF

Property type

Warehouses

APN

56-10-21-444-060.000-002

APU

561021444060000002

Description

This vacant, 32,960-square-foot industrial property in Morocco, Indiana, presents a compelling redevelopment opportunity. Situated on a 2.26-acre lot, this Class C building features two structures, each one story, built in 1953 and renovated in 2024. The property boasts 50 parking spaces and includes one loading dock and one drive-in door, catering to diverse industrial needs. With a 14-foot ceiling height, the space is suitable for various uses, including distribution, warehousing, and manufacturing. Currently vacant with an occupancy date of July 31, 2024, this property is zoned C01-Commercial. Its strategic location offers easy access to major transportation arteries, including proximity to I-49 (1 mile), I-65, and I-24 (15 miles), facilitating efficient distribution to Lafayette, Indianapolis, and northern Indiana cities like Gary and Valparaiso. The property is being offered as a Request For Offers and includes the infrastructure to support a 3-phase transformer installation. The ample lot size allows for potential expansion. This owner-user investment opportunity is ideal for businesses seeking a central Indiana location with excellent transportation links and significant space for operations. The Net Rentable Area is 32,960 square feet, spread across two buildings. The Property Identification Number (APN) is 56-10-21-444-060.000-002.

Location Insight

City

Morocco

County

Newton

State

Indiana

Longitude

-87.4507

Latitude

40.9414

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments