703 N Fail Road, La Porte, IN 46350 (MLS# 345765)

703 N Fail Road, La Porte, IN 46350

$560,000

Property Type: Commercial Sale Square Footage: 16,000 Lot Size (sq. ft.): 174,240 Status: Closed

Current Price: $560,000 List Date: 3/13/2014 Last Modified: 2/24/2024

Overview

Description

Excellant manufacturing space in almost new building in industrial area just off Hwy.2 in LaPorte. Building has 11760 sq. ft. of manufacturing floorspace. 3440 sq. ft. is offset as a completly separate area that is both heated and cooled. There is also 4,056 sq. ft. of office area that has both excutive office area, private office area, and flex space. The office area has private restrooms and a kitchen area.

Listing Details MLS# 345765

General Property Information

Living Area: 16000
Building Area Source: Assessor
Year Built: 2000
Lot Size Acres: 4
Lot Size Square Feet: 174240
Lot Size Dimensions: 0 x 0
Waterfront YN: No
Stories: Yes

Property Features

Building Features: Acoustical Ceiling(s); Exposed Under Roof Ceiling(s); Industrial Park Location; Lunch Room; Meeting Room; Private Restrooms; Suspended Ceiling(s); Other Construction Materials: Block; Brick; Glass; Steel Siding Cooling: Central Air Current Use: Commercial; Investment; Mixed Use; Office; Warehouse Electric: 100 Amp Service; 150 Amp Service; 200+ Amp Service; Circuit Breakers Flooring: Carpet; Concrete; Tile Foundation Details: See Remarks Heating: Ceiling; Central; Forced Air; Natural Gas Interior Features: Elevator Listing Terms: Cash; Conventional Parking Features: Common; Open; Paved Possible Use: Industrial; Mixed Use; Warehouse Rail Availability: None Road Frontage Type: County Road Roof: Metal Security Features: Fire Alarm Sewer: Private Sewer Utilities: Electricity Connected; Natural Gas Connected; Water Connected Water Source: Private; Public; Well Showing Requirements: 24 Hour Notice; Listing Agent Must Accompany

Contract Information

Auction YN: No
Original List Price: 608000
Property Sub Type: Industrial
Listing Agreement: Exclusive Right To Sell
Occupant Type: Owner

Location Tax and Legal

Street Number: 703
Street Direction Prefix: N
Street Name: Fail
Street Suffix: Road
County: La Porte
State: IN
Postal Code: 46350
Subdivision Name: Industrial Park Kankakee

Remarks and Miscellaneous

Public Remarks: Excellant manufacturing space in almost new building in industrial area just off Hwy.2 in LaPorte. Building has 11760 sq. ft. of manufacturing floorspace. 3440 sq. ft. is offset as a completly separate area that is both heated and cooled. There is also 4,056 sq. ft. of office area that has both excutive office area, private office area, and flex space. The office area has private restrooms and a kitchen area.

Status Change Information

Major Change Timestamp: 2015-02-23T13:22:56Z
Major Change Type: Status Change
Status Change Timestamp: 2015-02-23
Offer Acceptance Date: 2015-02-09
Close Date: 2015-02-23
Close Price: 560000
Buyer Financing: Conventional

More Information

Building Features

Building Dimensions: 80 x 200
Clear Ceiling Height: 16' edge and 21' center
Office SqFt: 4056
Acoustical Ceiling(s): Yes
Exposed Under Roof Ceiling(s): Yes
Industrial Park Location: Yes
Lunch Room: Yes
Meeting Room: Yes
Private Restrooms: Yes
Suspended Ceiling(s): Yes
Other: Yes

Exemption Information

Exemption YN: Y

Income and Expenses

New Taxes Expense: 21000
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 L/O need 24 hr. Notice
24 Hour Notice: Yes
Listing Agent Must Accompany: Yes

Historical Information

Public Historical Remarks: Zoning: INDUS, Utilities: On, Roof Structure: Gable, Overhead Doors:

Location, Tax, and Legal

Tax Legal Description: Legal Description: 33-07-29-300-032 IN NW COR SW 1/4 s29 t37 R2 4.00 AC
Parcel Number: 460729300032000053
Zoning Description: Industrial
Township: Kankakee
Directions: Hwy. 2 East to N. Fail Rd. turn left building on left.
Cross Street: Hwy. 2

Construction Materials

Block: Yes
Brick: Yes
Glass: Yes
Steel Siding: Yes

Cooling

Central Air: Yes

Electric

100 Amp Service: Yes
150 Amp Service: Yes
200+ Amp Service: Yes
Circuit Breakers: Yes

Flooring

Carpet: Yes
Concrete: Yes
Tile: 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
Conventional: Yes

Parking Features

Common: Yes
Open: Yes
Paved: Yes

Road Frontage Type

County Road: Yes

Roof

Metal: Yes

Security Features

Fire Alarm: Yes

Sewer

Private Sewer: Yes

Utilities

Electricity Connected: Yes
Natural Gas Connected: Yes
Water Connected: Yes

Water Source

Private: Yes
Public: Yes
Well: Yes

Auction

Minimum Opening Bid: 0
Buyer Premium Amount: 0

Current Use

Commercial: Yes
Investment: Yes
Mixed Use: Yes
Office: Yes
Warehouse: Yes

Possible Use

Industrial: Yes
Mixed Use: Yes
Warehouse: Yes

Rail Availability

None: Yes

Listing Office: Century 21 Circle

Last Updated: February - 24 - 2024

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