415 N. Indiana Ave.

For Sale

415 N. Indiana Ave., Auburn, IN 46706

This Auburn property for sale is located at 415 N. Indiana Ave.. The current listed sale price for 415 N. Indiana Ave. is $749,000. 415 N. Indiana Ave. is situated on a lot that is 1.81 acre in size.

Contacts

broker

John Adams

The Zacher Company

(260) 422-8474

Property Details

  • Property Type Industrial - Warehouse/Distribution
  • Property Size 33,622 SF
  • Lot Size 1.81 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1930
  • Date Updated Apr 19, 2024
  • Dock High Doors 2
  • Grade Level Doors 1
  • Office Area 2,500 SF
  • Fire Sprinklers Wet
  • HVAC None
North of Fort Wayne about 15 milesFOR 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 $749,000, 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.Located within one mile of I-69 and within 15 minutes of Fort Wayne

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Highlights

  • Fully leased to three tenants
  • Recently updated electric panels & distribution
  • Renovated office spaces
  • Gross rental income of $87,600/yr
  • Two loading docks - 8' x 8' with edge levelers
  • Sale price: $749,000 Cap Rate 9.2%

Getting around

  • 71/100

    Walk Score ®

  • 53/100

    Bike Score ®

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Location

  • City Auburn, IN
  • Neighborhood Auburn
  • Zip Code 46706
  • Market Fort Wayne

Points of Interest

  • Waterloo

    4.76 miles

  • Speedway

    0.56 miles

  • Kroger

    0.61 miles

  • 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

  • Super Wash

    5.00 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

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

John Adams

The Zacher Company

(260) 422-8474