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Heat Treat Facility 400 S Gray St 50,000 SF Industrial Building Albany, IN 47320 $1,095,768 CAD ($21.92 CAD/SF)



Investment Highlights
- The property features 3-phase power, a circle drive, two drive-in bays (12' x 11' and 12' x 16'), and six loading docks (approximately 8' x 8')
- 50,000 SF Building on 7.59 Acres!
- Two Entrances with Half Circle Drive connecting them
- Multiple drive in bays and dock offering easy access
Executive Summary
Commercial Industrial Facility with Heat Treat Capability for AUCTION – Delaware County, IN!
Please call Matt @317-374-2881 for More Details!
Auction Date: Tuesday May 5th, 2026, at 10am EST
Auction Location: 400 S Gray Street, Albany, IN 47320
REAL ESTATE AVAILABLE FOR PURCHASE PRIOR TO THE AUCTION!
Don’t miss this exceptional opportunity to acquire this industrial property formerly operated as Albany Metal Treating Inc since 1978. This facility is ideally suited for metal processing, heat treating, manufacturing, or a wide range of industrial applications. AMT offered a wide arrange of heat treat services which included the most recent poly and oil quench processing, induction and vacuum furnaces! The facility had a capacity of over 250,000 pounds per day.
Constructed for heavy-duty use, the property features a durable industrial building with high ceilings, reinforced concrete flooring, and infrastructure designed to support high-temperature operations. The facility is equipped with substantial power capacity, ventilation systems, and multiple overhead doors for efficient loading, unloading, and workflow.
The interior offers a flexible layout with ample space for equipment, production lines, and storage. Additional features include office space for administrative operations and support areas for staff and inventory. The site provides convenient access to regional highways, supporting efficient transportation and logistics.
This property Includes an existing industrial zoning, and presents a valuable opportunity for owner-operators, investors, or companies looking to expand their manufacturing footprint.
Real Estate Highlights:
• Industrial facility designed for metal treating and manufacturing
• Heavy-duty construction with high-clearance space
• Multiple overhead doors and efficient loading access
• Office and support space included
• Centrally Located Between Fort Wayne and Indianapolis
• 3 Phase and Heavy Power Onsite
Lot Details – Property Address: 400 S Gray Street, Albany, IN 47320
Zoned: Industrial – I1 Acres: 7.59 +/- Acres Flood Plain: Yes - AE
Utilities: Electricity, Natural Gas, City Water, City Sewer, Well
Improvement Detail:
Gross Facility Area: 50,451 +/- SF Ground Floor SF: 44,956 +/-
Originally Built: 1930 – Last Major Renovation 1998
Steel Frame Construction with Combo of Block, Brick and Sheet Metal Exterior
2,060+/- SF 2 Story Office Area with Full HVAC
Suspended Gas Heater in Warehouse/Manufacturing
Manufacturing and Warehouse Ceiling Heights Range 13’ to 24’
3 Phase Power Lots of Power Available for Heavy Machinery
3 – Drive in Bays – 12’ X 11’; 12’ X 16’ 6 – 8’ X 8’ +/- Loading Docks Throughout
Dual Entrances with Gravel Circle Drive Connecting for Good Trucking Access In and Out!
Barbed Wire Fence on Perimeter
All Equipment, rolling stock and office equipment and furniture will be auctioned separately starting at 10:15am EST.
Parcel ID: 18-08-02-330-010.000-005
– Taxes Annually: $8233.88
Please call Matt @317-374-2881 for More Details!
Auction Date: Tuesday May 5th, 2026, at 10am EST
Auction Location: 400 S Gray Street, Albany, IN 47320
REAL ESTATE AVAILABLE FOR PURCHASE PRIOR TO THE AUCTION!
Don’t miss this exceptional opportunity to acquire this industrial property formerly operated as Albany Metal Treating Inc since 1978. This facility is ideally suited for metal processing, heat treating, manufacturing, or a wide range of industrial applications. AMT offered a wide arrange of heat treat services which included the most recent poly and oil quench processing, induction and vacuum furnaces! The facility had a capacity of over 250,000 pounds per day.
Constructed for heavy-duty use, the property features a durable industrial building with high ceilings, reinforced concrete flooring, and infrastructure designed to support high-temperature operations. The facility is equipped with substantial power capacity, ventilation systems, and multiple overhead doors for efficient loading, unloading, and workflow.
The interior offers a flexible layout with ample space for equipment, production lines, and storage. Additional features include office space for administrative operations and support areas for staff and inventory. The site provides convenient access to regional highways, supporting efficient transportation and logistics.
This property Includes an existing industrial zoning, and presents a valuable opportunity for owner-operators, investors, or companies looking to expand their manufacturing footprint.
Real Estate Highlights:
• Industrial facility designed for metal treating and manufacturing
• Heavy-duty construction with high-clearance space
• Multiple overhead doors and efficient loading access
• Office and support space included
• Centrally Located Between Fort Wayne and Indianapolis
• 3 Phase and Heavy Power Onsite
Lot Details – Property Address: 400 S Gray Street, Albany, IN 47320
Zoned: Industrial – I1 Acres: 7.59 +/- Acres Flood Plain: Yes - AE
Utilities: Electricity, Natural Gas, City Water, City Sewer, Well
Improvement Detail:
Gross Facility Area: 50,451 +/- SF Ground Floor SF: 44,956 +/-
Originally Built: 1930 – Last Major Renovation 1998
Steel Frame Construction with Combo of Block, Brick and Sheet Metal Exterior
2,060+/- SF 2 Story Office Area with Full HVAC
Suspended Gas Heater in Warehouse/Manufacturing
Manufacturing and Warehouse Ceiling Heights Range 13’ to 24’
3 Phase Power Lots of Power Available for Heavy Machinery
3 – Drive in Bays – 12’ X 11’; 12’ X 16’ 6 – 8’ X 8’ +/- Loading Docks Throughout
Dual Entrances with Gravel Circle Drive Connecting for Good Trucking Access In and Out!
Barbed Wire Fence on Perimeter
All Equipment, rolling stock and office equipment and furniture will be auctioned separately starting at 10:15am EST.
Parcel ID: 18-08-02-330-010.000-005
– Taxes Annually: $8233.88
Property Facts
Amenities
- Fenced Lot
Utilities
- Lighting - Fluorescent
- Gas - Natural
- Water - City
- Sewer
- Heating
1 1
Somewhat walkable
30/100
Very drivable
80/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 18-08-02-330-010.000-005 | Improvements Assessment | $328,593 CAD |
| Land Assessment | $101,769 CAD | Total Assessment | $430,363 CAD |
Property Taxes
Parcel Number
18-08-02-330-010.000-005
Land Assessment
$101,769 CAD
Improvements Assessment
$328,593 CAD
Total Assessment
$430,363 CAD
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Shawver Auctioneering & Real Estate
Heat Treat Facility | 400 S Gray St
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