9872 Bittner Rd Sunman, IN 47041
This exceptional commercial property in the thriving Sunman/St. Leon area presents a fantastic lease opportunity. Situated on a 1.75-acre lot with convenient access to I-74 via SR 46, the property boasts a substantial 2,640 square foot metal shop. The shop features a fully graveled perimeter, a 6-inch thick concrete floor, and two insulated overhead doors (16'x13' front and 12'x13' rear). Exceptional insulation includes 3 inches of closed-cell spray foam, ensuring energy efficiency. The interior is fully metal-clad, well-lit with LED lighting and equipped with two 6-foot ceiling fans. Heating is provided by an energy-efficient waste oil furnace. The electrical system is robust, featuring 600 amps of power, distributed across two 200-amp single-phase boxes (220v/110v), a 200-amp service for a 40hp phase converter, a 240v 3-phase breaker box, a 480v delta-delta transformer, and three disconnects. Welder plugs are conveniently located every 10 feet throughout the building. An indoor drain is located at the rear door. The property also includes a 180 square foot office space with a bathroom (a shower is to be added). Two walk-in doors provide easy access. Exterior features include ample outdoor lighting, plugs around the building, and two concrete outdoor pads. A large manual lathe and mill are available for tenant use if desired. The monthly lease price is $2400.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
3 recent transactions · within 1.5 miComparable in this City
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Property description
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