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1224 Mill St 208,795 SF Industrial Building Jasper, IN 47546 $2,931,432 CAD ($14.04 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Structurally Sound Phase 1 Cleared
  • 4 levels with functional freight elevators and shafts, supporting 100-150 residential units per initial feasibility study.
  • Tax Incentives

EXECUTIVE SUMMARY

This expansive property offers over 200,000 square feet of versatile space, ideal for a variety of business needs. The property features a large rock parking lot, providing ample parking capacity for employees and customers alike. Size & Layout: 4 levels with functional freight elevators and shafts, supporting 100-150 residential units per initial feasibility study.
Condition: Structurally sound, verified by a structural engineer’s walk-through with no major concerns. Phase 1 environmental studies cleared.
Tax Incentives: Previous applicant for IHCDA A-C & B-C tax credits. Historic Part 1 under review, with approval expected by August 2025, making it eligible for Historic Tax Credits. Local incentives may also be available.
Zoning & Support: PUD zoning allows flexibility for residential, mixed-use, or industrial commercial development. Local government is highly supportive of residential or mixed-use projects.
Location: Prime spot near downtown Jasper, enhancing accessibility and appeal.

ATTACHMENTS

Lead Based paint

PROPERTY FACTS

Price $2,931,432 CAD
Price Per SF $14.04 CAD
Sale Type Investment or Owner User
Sale Condition Redevelopment Project
Property Type Industrial
Property Subtype
Manufacturing
  • Flex Light Manufacturing
  • Industrial Warehouse
  • Office Office Residential
Building Class C
Lot Size 2.40 AC
Rentable Building Area 208,795 SF
No. Stories 3
Year Built 1928
Tenancy Single
No. Dock-High Doors/Loading 10
Zoning PUD - PUD zoning allows flexibility for residential, mixed-use, or industrial commercial development.

AMENITIES

  • Air Conditioning

UTILITIES

  • Lighting - Fluorescent
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Manufacturing
  • -
  • -
  • -

Since 1905, they have proven their commitment to a sustainable future by supporting the standards and programs that protect the natural world and human health. And now they have partnered with ecomedes + Mortarr to streamline the selection of sustainable products for A+D professionals, building owners, developers, CREs, specifiers, procurement teams, and others. This new partnership aligns seamlessly with their strong sustainability story, which includes their products being BIFMA level® certified, BIFMA Compliant® certified, TSCA Title VI/Carb Compliant, Intertek Indoor Air Environmental certified, and contribute points to the LEED® and Green Globes programs®. In addition, 100% of their case goods and tables lines have the UV topcoat finish, UVAdvantage Plus, which received a perfect score in durability and employs a sustainable process with reduced pollutants and a system to recapture then reuse excess finish.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Manufacturing - - -

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 208,795 SF
  • Industrial
  • Partial Build-Out
  • Now

4 levels with functional freight elevators and shafts, supporting 100-150 residential units per initial feasibility study.

Space Size Space Use Condition Available
1st Floor 208,795 SF Industrial Partial Build-Out Now

1st Floor

Size
208,795 SF
Space Use
Industrial
Condition
Partial Build-Out
Available
Now

1st Floor

Size 208,795 SF
Space Use Industrial
Condition Partial Build-Out
Available Now

4 levels with functional freight elevators and shafts, supporting 100-150 residential units per initial feasibility study.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
19-06-26-404-202.000-002
Land Assessment
$106,322 CAD
Improvements Assessment
$1,455,928 CAD
Total Assessment
$1,562,250 CAD
  • Listing ID: 37785178

  • Date on Market: 2025-09-23

  • Last Updated:

  • Address: 1224 Mill St, Jasper, IN 47546

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