$26,000,000
Active
576 Days Online
0 Beds0 Baths0 SQFT
Active

300 E Union Street Marengo, IN 47140

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Opportunity Knocks !! Marengo Warehouse and Distribution center includes 270 ac +/- in which 58 ac has been developed underground into 13 individual warehouses which average 100, 000 sqft each. Four of the warehouses are freezer units that are used for frozen foods. Some of the storage facilities are dehumidified as well. There are several other income streams for this property including a home and phone tower lease. Some of the benefits of having the storage underground are no heating or cooling bills since this stays between 55 and 58 degrees year round. No maintenance on roofs and exterior etc. This business operates both 3PL and Gross lease. Several government and state contracts are included in this sale of the property and business. Please reach out for more details and videos of the facility. This is a solid business that has been operating for 30 years with so much room for expansion as well as mineral rights for the remaining limestone quarry. Located in the heart of the Midwest just minutes from I-64 and less than 45 minutes from Louisville, Kentucky and close to several larger cities (St. Louis, Cincinnati, Indianapolis, Evansville, Lexington, Nashville, Chicago, Detroit). The property has a 50 car rail spur on site but would need to be improved prior to being used.

  • Property TypeCommercial
  • NeighborhoodN/A
  • CountyCrawford
  • Taxes$71,397
  • HOA/Condo/Coop Fees$0
  • Days on Site576 Days
  • MLS StatusActive
  • MLS ID Number2022011473
  • Home Size Source N/A
  • Year BuiltN/A
  • Lot Size269 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Acreage 269
  • Property Sub Type Industrial

Community Features

  • Township Liberty

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Monthly Payment (Est.)

$138,662
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