1000 Morton StPortland, IN 47371

For Sale
$4,400,000

116,000 SF Warehouse, 5.67 Acres

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional 115,993-square-foot industrial building in Portland, Indiana, presents a significant investment opportunity. Located at 1000 N Morton St, this property sits on a 5.67-acre lot and boasts a desirable IND/Industrial District zoning. Built in 1978 with renovations between 2006 and 2018, the building features 6 loading docks and 8 drive-in doors, facilitating efficient logistics. The warehouse space includes a substantial 41,000-square-foot clear span area constructed in 2018, complemented by 2,553 square feet of office space. Ceiling heights range from 14 to 18 feet, providing ample vertical space. The property also offers robust power with a 5,000-amp, 480-volt, 3-phase electrical service and is fully sprinklered for enhanced safety. With 100 parking spaces and a sale price of $4,400,000 ($37.93/SF), this property is ideal for various industrial uses, including manufacturing, storage, and distribution. The property's history includes uses such as painting, injection molding, and metalizing.

Highlights

  • $4,400,000 asking price for this 115,993 SF industrial building.
  • Located in Portland, IN, within the IND/Industrial District.
  • Features 6 loading docks and 8 drive-in doors.
  • Offers 41,000 SF of clear-span warehouse space (built 2018) and 2,553 SF of office space.
  • Includes 5.67 acres of land with 100 parking spaces.
  • Boasts 14'-18' ceiling heights and a 5,000 Amp, 480 Volt 3-phase power supply.

Property Details for 1000 Morton St

Property type
Other warehouses, Other industrial properties
Square Feet
115,993 SF
Year Built/Renovated
1978/2006
Lot Size (sq. ft)
246,985 SF

Location Insight

City
Portland
County
Jay
State
Indiana
Latitude
40.441067
Longitude
-84.969302
1000 Morton St, Portland, Indiana

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1000 Morton St
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