415 N. Indiana Ave.

415 N. Indiana Ave., Auburn, IN 46706

  • For Sale $849,000
  • Property Type Industrial - Warehouse/Distribution
  • Property Size 33,622 SF
  • Lot Size 1.81 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Year Built 1930
  • Date Updated Oct 9, 2024
  • Dock High Doors 2
  • Grade Level Doors 1
  • Office Area 2,500 SF
  • Fire Sprinklers Wet
  • HVAC None
The Out of Allen County market in Auburn, IN, offers a compelling opportunity for industrial, warehouse, and distribution investors and tenants. Conveniently situated near major transportation routes, including the nearby I-69 corridor, the area provides seamless access to regional and national markets. The Auburn Industrial Park, located in close proximity, underlines the location's industrial strength and connectivity. The region benefits from a skilled labor force and a business-friendly environment, making it a conducive setting for operational efficiency and expansion. Additionally, the area features a variety of local amenities, including dining options and retail centers, providing a well-rounded environment for employees and visitors. With its strategic positioning and supportive infrastructure, the Out of Allen County market in Auburn presents an attractive prospect for industrial, warehouse, and distribution investors and tenants seeking a dynamic and well-connected location.FOR SALE: Industrial Property Welcome to 415 N. Indiana Ave., Auburn, IN 46706. This impressive 33,622 sq. ft. manufacturing building is now available for purchase. With fully leased spaces to three tenants, this property offers a lucrative income opportunity with a gross rental income of $87,600 per year. Recently updated electric panels and distribution ensure the seamless functionality of the building, while renovated office spaces provide a comfortable and professional atmosphere for tenants. The property boasts two loading docks with edge levelers, allowing for efficient loading and unloading operations. Priced at $849,000, this property offers a cap rate of 8.1%, making it an enticing investment opportunity. The building features a well-maintained interior with spacious manufacturing and office areas. Situated on a 1.81-acre lot, the property offers ample parking space for tenants and visitors. Conveniently located near major roadways, including SR 8 and just one mile from I-69, this property provides easy accessibility and transportation options. Don't miss out on this incredible investment opportunity.FOR LEASE: Industrial Property Welcome to 415 N. Indiana Ave., Auburn, IN 46706. This impressive 33,622 sq. ft. manufacturing building is now available for purchase. With fully leased spaces to three tenants, this property offers a lucrative income opportunity with a gross rental income of $87,600 per year. Recently updated electric panels and distribution ensure the seamless functionality of the building, while renovated office spaces provide a comfortable and professional atmosphere for tenants. The property boasts two loading docks with edge levelers, allowing for efficient loading and unloading operations. Priced at $849,000, this property offers a cap rate of 9.2%, making it an enticing investment opportunity. The building features a well-maintained interior with spacious manufacturing and office areas. Situated on a 1.81-acre lot, the property offers ample parking space for tenants and visitors. Conveniently located near major roadways, including SR 8 and just one mile from I-69, this property provides easy accessibility and transportation options. Don't miss out on this incredible investment opportunity.

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Attachments

Highlights

  • Fully leased to three tenants
  • Recently updated electric panels & distribution
  • New roof on the production section of building
  • Gross rental income of $87,600/yr
  • Two loading docks - 8' x 8' with edge levelers
  • Sale price: $849,000 Cap Rate 8.1%
  • Lease Rate : $4.00/SF/y (NNN)

Contacts

broker

John Adams

The Zacher Company

Location

Getting Around

  • Walk Score ®

    71/100 Very Walkable
  • Bike Score ®

    53/100 Bikeable
Powered by Walk Score ®
  • City Auburn, IN
  • Neighborhood Auburn
  • Zip Code 46706
  • Market Fort Wayne

Points of Interest

  • Lassus Handy Dandy

    0.77 miles

  • Marathon

    0.79 miles

  • Citgo

    1.18 miles

  • BP

    4.89 miles

  • Casey's

    4.92 miles

  • Shell

    4.94 miles

  • Marathon

    4.95 miles

  • Marathon

    8.38 miles

  • Miller's

    9.42 miles

  • Parking D

    1.29 miles

  • Parking C

    1.31 miles

  • Parking E

    1.34 miles

  • Parking B

    1.38 miles

  • Parking F

    1.45 miles

  • Parking A

    1.46 miles

  • Parking G

    1.47 miles

  • Penguin Point

    0.34 miles

  • Mad Anthony Brewing Company

    0.35 miles

  • Richards Restaurant

    0.48 miles

  • Bo Doogie's BBQ

    0.53 miles

  • Little Caesars

    0.56 miles

  • Subway

    0.63 miles

  • Dairy Queen

    0.64 miles

  • Peking Buffet

    0.66 miles

  • KFC

    0.71 miles

  • Jimmy John's

    0.72 miles

  • Save-A-Lot

    0.59 miles

  • Kroger

    0.62 miles

  • Sears

    0.63 miles

  • ALDI

    0.93 miles

  • Walmart Supercenter

    1.07 miles

  • CVS Pharmacy

    0.46 miles

  • DeKalb Health

    1.34 miles

  • Garrett Police & Fire Station

    4.09 miles

  • Concord Township Volunteer Fire Department

    8.84 miles

  • Spencerville Fire Department

    9.43 miles

Frequently Asked Questions

How much does 415 N. Indiana Ave. cost?

The space currently listed for sale at 415 N. Indiana Ave. asks for $849,000.

What is the total square footage of 415 N. Indiana Ave.?

415 N. Indiana Ave. totals 33,622 square feet.

When was this property built?

415 N. Indiana Ave. was built in 1930.

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Contact Listing Broker

broker

John Adams

The Zacher Company