6504 S US Highway 421, Westville, IN 46391

$1,500,000
Property Type: Commercial Sale Square Footage: 60,000 Lot Size (sq. ft.): 1,203,998 Status: Closed
Current Price: $1,500,000 List Date: 4/22/2020 Last Modified: 2/24/2024

Overview

Description

Six (6) Building Industrial Complex on a 28 acre site on U.S. Highway 421 in Westville. Located just 800' South of U.S. Highway 6 and 5 minutes from I-80 Indiana Toll Road, excellent location. Zoned Light Industrial. Rail siding on the South side of the property. Buildings range in size from 2420 square foot office to 26,000 square foot industrial building with 25' ceilings and a load dock. There are two additional 12,000 square foot buildings with 18' ceilings and overhead doors. One building features a 5,000 square foot awning for dry handling of good and/inventory. Three (3) - Phase 800 amp service. Six (6) overhead doors in total. Entire property surrounded by a security fence with gate. Annual property taxes are $21,600. Daily traffic counts on U.S. 421 and U.S. 6 are 6,000.

Listing Details MLS# 473361

General Property Information

Living Area
60000
Building Area Source
Owner
Accessibility Features YN
Yes
Year Built
1993
Lot Size Acres
27.64
Lot Size Square Feet
1203998
Lot Size Dimensions
1636 x 935
Stories
Yes

Property Features

Building Features: Commercial Park Location; Enclosed Dock(s); Exposed Under Roof Ceiling(s); Exterior Lighting; Industrial Park Location; Lunch Room; Private Restrooms; Shower/Locker Room; Suspended Ceiling(s); Other Construction Materials: Concrete; Frame; Steel Siding Cooling: Window Unit(s) Current Use: Investment; Warehouse Electric: 200+ Amp Service Flooring: Concrete; Tile; Vinyl Foundation Details: Concrete Perimeter Heating: Ceiling; Forced Air; Natural Gas Interior Features: Elevator Listing Terms: Cash; Contract; Conventional Lot Features: Corner Lot Parking Features: Gated; Private Possession: Negotiable Possible Use: Automotive; Mini-Storage; Mixed Use; Warehouse Rail Availability: Siding; Spur Road Frontage Type: Highway Roof: Aluminum; Composition; Metal Security Features: Security Gate; Security Lights Sewer: Private Sewer Tenant Pays: None Utilities: Cable Available; Electricity Connected; Natural Gas Available; Natural Gas Connected Water Source: Public Showing Requirements: Appointment Only

Contract Information

Auction YN
No
Original List Price
1799900
Property Sub Type
Industrial
Listing Agreement
Exclusive Right To Sell
Occupant Type
Vacant

Location Tax and Legal

Street Number
6504
Street Direction Prefix
S
Street Name
US Highway 421
County
La Porte
State
IN
Postal Code
46391
Subdivision Name
Clinton Industrial Area

Remarks and Miscellaneous

Public Remarks
Six (6) Building Industrial Complex on a 28 acre site on U.S. Highway 421 in Westville. Located just 800' South of U.S. Highway 6 and 5 minutes from I-80 Indiana Toll Road, excellent location. Zoned Light Industrial. Rail siding on the South side of the property. Buildings range in size from 2420 square foot office to 26,000 square foot industrial building with 25' ceilings and a load dock. There are two additional 12,000 square foot buildings with 18' ceilings and overhead doors. One building features a 5,000 square foot awning for dry handling of good and/inventory. Three (3) - Phase 800 amp service. Six (6) overhead doors in total. Entire property surrounded by a security fence with gate. Annual property taxes are $21,600. Daily traffic counts on U.S. 421 and U.S. 6 are 6,000.

Status Change Information

Major Change Timestamp
2021-02-26T12:52:54Z
Major Change Type
Status Change
Status Change Timestamp
2021-02-26
Close Date
2021-02-26
Close Price
1500000
Concessions
No
Buyer Financing
Other

More Information

Building Features

Building Dimensions
60,000 Square Feet
Clear Ceiling Height
25
Number of Offices
7
Office SqFt
2240
Overhead Doors
6
Commercial Park Location
Yes
Enclosed Dock(s)
Yes
Exposed Under Roof Ceiling(s)
Yes
Exterior Lighting
Yes
Industrial Park Location
Yes
Lunch Room
Yes
Private Restrooms
Yes
Shower/Locker Room
Yes
Suspended Ceiling(s)
Yes
Other
Yes

Exemption Information

Exemption YN
Y

Frontage Type

Frontage Length
530

Income and Expenses

New Taxes Expense
21615
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
Please Use Showing Assist. 48 Hours Advance Notice Required
Appointment Only
Yes

Historical Information

Public Historical Remarks
Utilities: On, Air Cond/Ventilation: Office Only, Roof Structure: Gable, Fire Protect: Fire Extinguishers

Location, Tax, and Legal

Postal Code +4
9420
Tax Legal Description
Legal Description: NE 1/4 5-35-4
Parcel Number
461305400011000044
Directions
South on U.S. Highway 6 in Westville, on U.S. 421. On the West side of U.S. 421, borders Dollar General warehouse to the South. On the North side of CN Railroad tracks and West Alida Road.

Construction Materials

Concrete
Yes
Frame
Yes
Steel Siding
Yes

Cooling

Window Unit(s)
Yes

Electric

200+ Amp Service
Yes

Flooring

Concrete
Yes
Tile
Yes
Vinyl
Yes

Foundation Details

Concrete Perimeter
Yes

Heating

Ceiling
Yes
Forced Air
Yes
Natural Gas
Yes

Interior Features

Elevator
Yes

Listing Terms

Cash
Yes
Contract
Yes
Conventional
Yes

Lot Features

Corner Lot
Yes

Parking Features

Gated
Yes
Private
Yes

Possession

Negotiable
Yes

Road Frontage Type

Highway
Yes

Roof

Aluminum
Yes
Composition
Yes
Metal
Yes

Security Features

Security Gate
Yes
Security Lights
Yes

Sewer

Private Sewer
Yes

Utilities

Cable Available
Yes
Electricity Connected
Yes
Natural Gas Available
Yes
Natural Gas Connected
Yes

Water Source

Public
Yes

Auction

Minimum Opening Bid
0
Buyer Premium Amount
0

Tenant Pays

None
Yes

Current Use

Investment
Yes
Warehouse
Yes

Possible Use

Automotive
Yes
Mini-Storage
Yes
Mixed Use
Yes
Warehouse
Yes

Rail Availability

Siding
Yes
Spur
Yes
Listing Office: Century 21 Alliance Group
Last Updated: February - 24 - 2024
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