115 Koomler Drive, La Porte, IN 46350

$1,875,000
Property Type: Commercial Sale Square Footage: 132,150 Lot Size (sq. ft.): 326,700 Status: Closed
Current Price: $1,875,000 List Date: 5/24/2013 Last Modified: 6/19/2024

Overview

Description

Available Industrial/Distribution Facility located in an industrial park in LaPorte, Indiana. The site is 132,150SF located on 7.5 acres with 11,880SF of office space. This well-maintained industrial site is just minutes from I80/90 Indiana Toll Road and was built in 1973. The facility is 1 hr. from Chicago City center and just 30 min. from the under construction Kingsbury Modular Transfer facility. LaPorte Indiana is just hours from major multi-state distribution centers in the Midwest. The facility is on Municipal Utilities with electrical power being 69KV step down with on-site transformer to 480V, 35,000KVA. THe Facility has a wet sprinkler system and a security system. The owners are also open to long term NNN lease arrangements $1.50/sq. ft.

Listing Details MLS# 329077

General Property Information

Living Area
132150
Building Area Source
Assessor
Year Built
1973
Lot Size Acres
7.5
Lot Size Square Feet
326700
Lot Size Dimensions
oxo 7.5 ac.
Stories
Yes

Property Features

Building Features: Acoustical Ceiling(s); Commercial Park Location; Common Dock(s); Depressed Dock(s); Dock Leveler(s); Docks Community; Exposed Under Roof Ceiling(s); Exterior Lighting; Freight Elevator(s); Industrial Park Location; Inside Corridor(s); Lunch Room; Meeting Room; Private Restrooms; Shower/Locker Room; Trash Compactor Construction Materials: Block; Brick; Concrete; Steel Siding Cooling: Central Air Current Use: Investment Electric: 200+ Amp Service; 440 Volts Flooring: Concrete Foundation Details: See Remarks Heating: Ceiling; Central; Forced Air; Natural Gas Interior Features: Elevator Listing Terms: Cash; Other Parking Features: Common; Open; Oversized; Paved; Unpaved Possible Use: Automotive; Commercial; Industrial; Mixed Use; Warehouse Rail Availability: None Road Frontage Type: City Street Roof: Flat; Metal; Other Security Features: Fire Alarm; Fire Sprinkler System; Security Lights; Security System Tenant Pays: Gas; Water Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Water Source: Public Showing Requirements: Appointment Only; Listing Agent Must Accompany

Contract Information

Original List Price
2000000
Property Sub Type
Industrial
Property Attached YN
No
Listing Agreement
Exclusive Agency
Occupant Type
Vacant

Location Tax and Legal

Street Number
115
Street Name
Koomler
Street Suffix
Drive
County
La Porte
State
IN
Postal Code
46350
Subdivision Name
N/A

Remarks and Miscellaneous

Public Remarks
Available Industrial/Distribution Facility located in an industrial park in LaPorte, Indiana. The site is 132,150SF located on 7.5 acres with 11,880SF of office space. This well-maintained industrial site is just minutes from I80/90 Indiana Toll Road and was built in 1973. The facility is 1 hr. from Chicago City center and just 30 min. from the under construction Kingsbury Modular Transfer facility. LaPorte Indiana is just hours from major multi-state distribution centers in the Midwest. The facility is on Municipal Utilities with electrical power being 69KV step down with on-site transformer to 480V, 35,000KVA. THe Facility has a wet sprinkler system and a security system. The owners are also open to long term NNN lease arrangements $1.50/sq. ft.

Status Change Information

Major Change Timestamp
2014-03-12T11:47:24Z
Major Change Type
Status Change
Status Change Timestamp
2014-03-12
Offer Acceptance Date
2014-01-20
Close Date
2014-03-12
Close Price
1875000
Buyer Financing
Conventional

More Information

Building Features

Building Dimensions
0xo
Clear Ceiling Height
14'-18'
Acoustical Ceiling(s)
Yes
Commercial Park Location
Yes
Common Dock(s)
Yes
Depressed Dock(s)
Yes
Dock Leveler(s)
Yes
Docks Community
Yes
Exposed Under Roof Ceiling(s)
Yes
Exterior Lighting
Yes
Freight Elevator(s)
Yes
Industrial Park Location
Yes
Inside Corridor(s)
Yes
Lunch Room
Yes
Meeting Room
Yes
Private Restrooms
Yes
Shower/Locker Room
Yes
Trash Compactor
Yes

Exemption Information

Exemption YN
Y

Income and Expenses

New Taxes Expense
78793
Electric Expense
0
Gross Income
0
Gross Scheduled Income
0
Insurance Expense
0
Maintenance Expense
0
Manager Expense
0
Net Operating Income
0
Other Expense
0
Professional Management Expense
0
Sewer Expense
0
Supplies Expense
0
Total Actual Rent
0
Trash Expense
0
Water Expense
0

Showing Requirements

Showing Instructions
Call LO,LA must be present at all showings
Appointment Only
Yes
Listing Agent Must Accompany
Yes

Historical Information

Public Historical Remarks
Zoning: COMM, Utilities: On, Electrical Service: Substation, Parking: Fee Parking,Public Parking, Office Sq. Ft.:, Overhead Doors:

Location, Tax, and Legal

Tax Legal Description
Legal Description: 528.72x615.25x533.3x615.25FT IN SW COR SE 1/4 NW 1/4E OF Park ST. S25 T37 R3 7.5 & 05-06-25-176-001
Parcel Number
460625176001000043
Zoning Description
Commercial
Township
Center
Directions
Indian Toll Road to Hwy.39 exit. Turn Left toward Laporte to Severs Rd. Turn Left. Continue to Park St. Turn Right to Koomler DR. facility on the Left Corner.
Cross Street
Park

Construction Materials

Block
Yes
Brick
Yes
Concrete
Yes
Steel Siding
Yes

Cooling

Central Air
Yes

Electric

200+ Amp Service
Yes
440 Volts
Yes

Flooring

Concrete
Yes

Foundation Details

See Remarks
Yes

Heating

Ceiling
Yes
Central
Yes
Forced Air
Yes
Natural Gas
Yes

Interior Features

Elevator
Yes

Listing Terms

Cash
Yes
Other
Yes

Parking Features

Common
Yes
Open
Yes
Oversized
Yes
Paved
Yes
Unpaved
Yes

Road Frontage Type

City Street
Yes

Roof

Flat
Yes
Metal
Yes
Other
Yes

Security Features

Fire Alarm
Yes
Fire Sprinkler System
Yes
Security Lights
Yes
Security System
Yes

Utilities

Electricity Connected
Yes
Natural Gas Connected
Yes
Sewer Connected
Yes
Water Connected
Yes

Water Source

Public
Yes

Auction

Minimum Opening Bid
0
Buyer Premium Amount
0

Tenant Pays

Gas
Yes
Water
Yes

Current Use

Investment
Yes

Possible Use

Automotive
Yes
Commercial
Yes
Industrial
Yes
Mixed Use
Yes
Warehouse
Yes

Rail Availability

None
Yes
Listing Office: Century 21 Circle
Last Updated: June - 19 - 2024
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