For Sale
$4,400,000

1000 Morton St Portland, IN 47371

116,000 SF Warehouse, 5.67 Acres

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
133
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
Warehouses, 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

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FAQs

What type of property is this?
Warehouse - 116,000 SF Warehouse, 5.67 Acres
Where is the warehouse located?
The property is located at 1000 Morton St Portland, IN.
What is the asking price?
The asking price for this property is $4,400,000.
What are key features of this property?
This property features: $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.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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Contacts

Steven Zacher
Steven Zacher
John Adams, CCIM
John Adams, CCIM
Visit Broker Website

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Useful Information

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Morton St
Portland, IN 47371

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Morton St
Portland, IN 47371

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

1000 Morton St
  • Steven Zacher
    Steven Zacher
  • John Adams, CCIM
    John Adams, CCIM
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