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Building 1 24423 State Road 23 47,447 SF 100% Leased Industrial Building South Bend, IN 46614 $5,389,775 CAD ($113.60 CAD/SF)



Investment Highlights
- Industrial Inside and Outside Storage, Warehouse, Office Buildings, Vacant Land
Executive Summary
Six buildings at the site. Bldg One: 17,355 SF Bldg Two: 3,600 SF, Bldg Three: 11,000 SF, Bldg Four: 11,000, Bldg 5: 2,400 SF and Bldg Six: 2,092 SF. Large 15.09 acre property with all types of industrial storage, warehouse, and office buildings on the site at various locations. The two office buildings include one office for U-Haul and self storage rental and employee living quarters and the other office is a medical supplies office and warehouse. Approximately fourteen (14) acres of outside storage space which currently is being utilized by various renters. Recently there has been a significant increase in U-Haul rental revenue. A majority of the area is heavy duty concrete which covers most of the location. Additional barn and a very large covered shed also on the site. Property is located in a industrial area on a State Highway on the southwest side of South Bend near the U.S. 20 Bypass, U.S. 31, and the Indiana Toll Road (I-80/90). Numerous businesses nearby. Acceleration and deceleration lane at front of property.
Property Facts
| Price | $5,389,775 CAD | Lot Size | 15.09 AC |
| Price Per SF | $113.60 CAD | Rentable Building Area | 47,447 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1964 |
| Property Subtype | Manufacturing | Clear Ceiling Height | 16’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 3 |
| Zoning | Manufacturing | ||
| Price | $5,389,775 CAD |
| Price Per SF | $113.60 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 15.09 AC |
| Rentable Building Area | 47,447 SF |
| No. Stories | 1 |
| Year Built | 1964 |
| Clear Ceiling Height | 16’ |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | Manufacturing |
Utilities
- Lighting - Sodium
- Gas - Natural
- Water - Well
- Sewer - Septic Field
- Heating - Gas
1 1
Property Taxes
| Parcel Number | 71-08-30-400-005.000-010 | Improvements Assessment | $471,474 CAD |
| Land Assessment | $55,049 CAD | Total Assessment | $526,523 CAD |
Property Taxes
Parcel Number
71-08-30-400-005.000-010
Land Assessment
$55,049 CAD
Improvements Assessment
$471,474 CAD
Total Assessment
$526,523 CAD
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Building 1 | 24423 State Road 23
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