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616 NW 1st St 9,270 SF 100% Leased Industrial Building Richmond, IN 47374 $318,297 CAD ($34.34 CAD/SF)



INVESTMENT HIGHLIGHTS
- Warehouse SQFT 7783
- Remodeled 2025
- Office SQFT 1440
EXECUTIVE SUMMARY
This fully remodeled commercial building offers a versatile space suitable for a variety of business operations. The 3 warehouse spaces provide ample room for storage and operations, designed to facilitate efficient workflow and logistics. The 6 dedicated office spaces that provide a professional environment for administrative work, including private spaces for meetings. A professionally designed loading dock makes for easy and efficient loading and unloading of goods or products, along with a total of 4 overhead doors. Modern finishes and fixtures throughout with ample parking for staff, customers and visitors. All new interior and exterior paint- all Sherwin Williams duration exterior paint for maximum durability. Fully improved roof work completed with screened gutter for minimal maintenance. New carpet in the office spaces with a 10 year warranty. All offices have new cordless blinds installed and remodeled bathrooms. New security system with security camera flood lights. Stainless steel higher grade utility sink. The warehouse is completely insulated and partially heated. Fresh landscape for the finishing touch. Whether you are looking for a new business location or you are an investor looking to build your portfolio to lease to a tenant or multiple tenants this property would make the perfect investment. For more details or to schedule a tour call Ryan Cate 765-960-5708.
PROPERTY FACTS Under Contract
| Price | $318,297 CAD | Lot Size | 0.31 AC |
| Price Per SF | $34.34 CAD | Rentable Building Area | 9,270 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1966 |
| Building Class | C | Clear Ceiling Height | 10’ |
| Zoning | GC - General Commercial | ||
| Price | $318,297 CAD |
| Price Per SF | $34.34 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Building Class | C |
| Lot Size | 0.31 AC |
| Rentable Building Area | 9,270 SF |
| No. Stories | 1 |
| Year Built | 1966 |
| Clear Ceiling Height | 10’ |
| Zoning | GC - General Commercial |
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PROPERTY TAXES
| Parcel Number | 89-16-32-320-201.000-030 | Improvements Assessment | $116,756 CAD |
| Land Assessment | $4,512 CAD | Total Assessment | $121,269 CAD |
PROPERTY TAXES
Parcel Number
89-16-32-320-201.000-030
Land Assessment
$4,512 CAD
Improvements Assessment
$116,756 CAD
Total Assessment
$121,269 CAD
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616 NW 1st St
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