1661 Nebo RdYorktown, IN 47396

For Sale
$299,000
Yorktown, IN: 6,000 SF Flex Warehouse

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional investment opportunity presents a 6,000-square-foot flex warehouse building situated on a 0.72-acre lot in Yorktown, Indiana. Constructed in 1996, the property comprises a single building housing five rentable units, currently leased on a month-to-month basis to multiple tenants. One unit is notably larger, featuring a restroom, office space, and heating. All units boast 12x12 overhead doors, providing convenient access for various uses. The asking price is $299,000, translating to $49.83 per square foot and $59,800 per unit. The building boasts a 14-foot ceiling height, offering ample vertical space. Current monthly rents range from $340 to $440, presenting potential for increased revenue given current market rates. A significant advantage is the inclusion of an undeveloped lot with Nebo Road frontage, offering expansion or development possibilities. The property's address is 1661 S Nebo Rd, Yorktown, IN 47396, and its APN is 18-10-14-476-022.000-017. This property is ideal for investors seeking strong cash flow and future appreciation potential, or for owner-occupants looking to establish their business in a prime location. The property's multi-tenant setup provides diversification and built-in income. The combination of existing income and development potential makes this a compelling investment opportunity in the thriving Yorktown area.

Highlights

  • 6,000 SF flex warehouse on a 0.72-acre lot in Yorktown, IN.
  • Five rentable units, currently month-to-month tenancy.
  • Asking price: $299,000 ($49.83/SF, $59,800/unit).
  • 14' ceiling height, 12x12 overhead doors in each unit.
  • Includes undeveloped lot with Nebo Road frontage.

Property Details for 1661 Nebo Rd

Property type
Warehouses, Industrial properties
Square Feet
6,000 SF
Year Built
1996
Buildings
1
Lot Size (sq. ft)
31,363 SF
Units
5

Location Insight

City
Yorktown
County
Delaware
State
Indiana
Latitude
40.1787015
Longitude
-85.4625993
1661 Nebo Rd, Yorktown, Indiana

FAQs

What type of property is this?
Warehouse - Yorktown, IN: 6,000 SF Flex Warehouse
Where is the warehouse located?
The property is located at 1661 Nebo Rd Yorktown, IN.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 6,000 SF flex warehouse on a 0.72-acre lot in Yorktown, IN.; Five rentable units, currently month-to-month tenancy.; Asking price: $299,000 ($49.83/SF, $59,800/unit).
How can I contact the broker?
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1661 Nebo Rd
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