679 W State Road 130, Hobart, IN 46342

$779,000
Property Type: Commercial Sale Square Footage: 11,200 Lot Size (sq. ft.): 49,223 Status: Closed
Current Price: $779,000 List Date: 2/03/2021 Last Modified: 2/24/2024

Overview

Description

Outstanding building in an outstanding location on IN St Rd 130.Only minutes away from US Hwy's 6 & 30, I-90/80-94 & IN St Rd 51.Zoned Light Industrial, this 11,200 sf building is an open span, 100% steel constructed facility on over 1 acre.The building is completely insulated, heated & air conditioned.The building features 1, 14' overhead door w/16'10 ceilings around the perimeter & 22' in the center.The building is served by IN American Water, NIPSCO electric/gas & sewer is White Oak Conservancy Dist.This location on St Rd 130 in Hobart/Wheeler is in high traffic w/outstanding visibility.Daily traffic counts are approx 10,000.This building is unique for the area & would definitely be hard to replicate for the cost.The paved parking lot will accommodate 40 autos.The property is well maintained inside & out & is suitable for a variety of Warehouse, Distribution or Manufacturing applications.The interior features a large lobby/entrance area, 2 private bathrooms & an upstairs break room.

Listing Details MLS# 488083

General Property Information

Living Area
11200
Building Area Source
Assessor
Accessibility Features YN
Yes
Year Built
2005
Lot Size Acres
1.13
Lot Size Square Feet
49223
Lot Size Dimensions
241x140
Stories
Yes

Property Features

Building Features: Exercise Room; Exposed Under Roof Ceiling(s); Industrial Park Location; Lunch Room; Private Restrooms; Other Construction Materials: Concrete; Steel Siding Cooling: Central Air Current Use: Recreational Electric: 200+ Amp Service Flooring: Concrete; Tile Foundation Details: Concrete Perimeter Heating: Forced Air; Natural Gas Interior Features: Elevator Listing Terms: Cash; Conventional Parking Features: Private Possession: Negotiable Possible Use: Commercial; Industrial; Mixed Use; Office; Place of Worship; Warehouse; Other Rail Availability: None Road Frontage Type: State Road Roof: Metal Tenant Pays: Gas Utilities: Cable Available; Electricity Connected; Natural Gas Available; Natural Gas Connected; Sewer Connected Water Source: Public Showing Requirements: 24 Hour Notice

Contract Information

Auction YN
No
Original List Price
779000
Property Sub Type
Industrial
Listing Agreement
Exclusive Right To Sell
Occupant Type
Owner

Location Tax and Legal

Street Number
679
Street Direction Prefix
W
Street Name
State Road 130
County
Porter
State
IN
Postal Code
46342
Subdivision Name
Union Minor

Remarks and Miscellaneous

Public Remarks
Outstanding building in an outstanding location on IN St Rd 130.Only minutes away from US Hwy's 6 & 30, I-90/80-94 & IN St Rd 51.Zoned Light Industrial, this 11,200 sf building is an open span, 100% steel constructed facility on over 1 acre.The building is completely insulated, heated & air conditioned.The building features 1, 14' overhead door w/16'10 ceilings around the perimeter & 22' in the center.The building is served by IN American Water, NIPSCO electric/gas & sewer is White Oak Conservancy Dist.This location on St Rd 130 in Hobart/Wheeler is in high traffic w/outstanding visibility.Daily traffic counts are approx 10,000.This building is unique for the area & would definitely be hard to replicate for the cost.The paved parking lot will accommodate 40 autos.The property is well maintained inside & out & is suitable for a variety of Warehouse, Distribution or Manufacturing applications.The interior features a large lobby/entrance area, 2 private bathrooms & an upstairs break room.

Status Change Information

Major Change Timestamp
2022-01-04T12:54:15Z
Major Change Type
Status Change
Status Change Timestamp
2022-01-04
Offer Acceptance Date
2021-08-04
Close Date
2022-01-04
Close Price
779000
Concessions
No
Buyer Financing
Other

More Information

Building Features

Clear Ceiling Height
20'
Industrial Park Name
Union Minor
Overhead Doors
Yes
Exercise Room
Yes
Exposed Under Roof Ceiling(s)
Yes
Industrial Park Location
Yes
Lunch Room
Yes
Private Restrooms
Yes
Other
Yes

Exemption Information

Exemption YN
Y

Income and Expenses

Expense Year
2020
New Taxes Expense
7020
Trash Expense
90
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
Water Expense
0

Showing Requirements

Showing Instructions
Please use showing assist.
24 Hour Notice
Yes

Historical Information

Public Historical Remarks
Zoning: INDUS, Utilities: On, Roof Structure: Gable, Fire Protect: Fire Extinguishers

Location, Tax, and Legal

Postal Code +4
9490
Tax Legal Description
Legal Description: UNION MINOR SUB 327-C-1 LOT 2 1.13A
Parcel Number
640802101018000019
Zoning Description
Industrial
Township
Union
Directions
One quarter mile West of the town of Wheeler on the North side on IN State Road 130

Construction Materials

Concrete
Yes
Steel Siding
Yes

Cooling

Central Air
Yes

Electric

200+ Amp Service
Yes

Flooring

Concrete
Yes
Tile
Yes

Foundation Details

Concrete Perimeter
Yes

Heating

Forced Air
Yes
Natural Gas
Yes

Interior Features

Elevator
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Parking Features

Private
Yes

Possession

Negotiable
Yes

Road Frontage Type

State Road
Yes

Roof

Metal
Yes

Utilities

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

Water Source

Public
Yes

Auction

Minimum Opening Bid
0
Buyer Premium Amount
0

Tenant Pays

Gas
Yes

Current Use

Recreational
Yes

Possible Use

Commercial
Yes
Industrial
Yes
Mixed Use
Yes
Office
Yes
Place of Worship
Yes
Warehouse
Yes
Other
Yes

Rail Availability

None
Yes
Listing Office: Century 21 Alliance Group
Last Updated: February - 24 - 2024
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