Albion Industrial

3903 Indiana 9 Albion, IN 46701

3903 Indiana 9, Albion, IN, 46701
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FOR SALE
Property Type:
Factory
Amount:
$835,000
Last Verified:
Nov 19, 2024

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Description

Albion industrial building, initially constructed in 1973 and renovated in 1990, offers a prime investment for manufacturing and industrial ventures. Zoned I-1, the property provides versatile potential for a variety of industrial uses. The property has two distinct sections: a 9,600 SF warehouse area featuring a 12' clear ceiling height, one 12' dock, and two 12' overhead doors; and a 7,740 SF section with a 14' clear ceiling height and three 14' overhead doors. The building is powered by 240 Volt, 1200 Amp, 3 Phase with bus bars throughout, and is fully heated, air-conditioned, and equipped with total air filtration. Additionally, the entire building features energy-efficient LED lighting. The property also includes a 2,400 SF office area, adding to its versatility and appeal for industrial and manufacturing use.

Located off of SR 9 in the southern part of Albion just north of Merriam. Great access to US 33 and SR 205. About 25 minutes northwest of Fort Wayne.


Year Built: 1973
Building Size: 22561sq ft
Lot Size: 3.92 acres

Map of 3903 Indiana 9, Albion, IN, 46701

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.