Industrial Warehouse w/ Marina Development Opportunity!!!

Industrial for Sale
Catylist Listing ID: 30836446
Property Subtypes: Free-Standing, Manufacturing, Mixed Use, Light Industrial, Office Showroom, Self Storage, Warehouse/Distribution, Other
Building Size (RSF): 26,456 SF
Gross Building Area: See Agent
Sale Price: $10,600,000
Unit Price: $400.67 PSF
Office SF: 4,500 SF
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/17/2023

Overview / Comments

A fast-growing area of southern Indiana close to the East End Bridge and River Ridge Commercial Commerce Development. Great residential development opportunity on this 21+/- acre lot has been laid out with 28 Townhome lots! Marina with 73 boat slips ranging from 35ft to 70ft slips! Industrial warehouse containing approx. 22,000 sqft of warehouse space and approx. 4,500 sqft of office space! 18 Barge slip Lease! Only Dry Dock permit from Cincinnati, OH to Paducah, KY. Barge lease is negotiable and can be removed from the sale of the warehouse or assigned to a individual or entity. Purchase of either barge lease or listing as a entirety includes the inner harbor with permitting for a dry dock to be transferred to new purchaser. Plenty of office space. Warehouse could be used for a boat storage facility, a high demand for the Southern Indiana area. Warehouse includes 2 Large bi fold 30’.7”H x 40’W hanger doors, Large boat ramp into the harbor, 4 large bays. Current NNN lease expires august 2023, this leaves infinite amount of opportunities for new owner’s/ Call for additional information.

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Additional Details

Nearest MSA: Louisville/Jefferson County
County: Clark
Tax ID/APN: 10-41-00-700-280.000-037
Zoning: B-1 & I-2
Highway Access: Approx 1.20 miles from I-265 bridge
Site Description: River Frontage, Warehouse, Marina 73 boat slips, and Lot development opportunity!!!
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 22,000 SF
Property Condition: Average
Year Built: 1982
Construction/Siding: Metal Siding, Steel Frame
Overhead Cranes: 5
Amps: 800
Volts: 480
X-Phase: 3
In Flood Plain?: Yes
Water Service: Municipal
Sewer Type: Municipal
Legal Description: GT 7 16 AC & GT 7; 4.588 ac & OLIVERS 1ST LOTS 305-306-307-308-309 & For Marina see Exhibit "A" "B" "C" "D"

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 39,435 132,540
Median Age: 43.44 41.17
Households: 15,961 56,620


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