2301 125Portland, IN 47371

  • Warehouses
  • 17,116 SF
For Sale
$1,634,900 View listing

Property Details for 2301 125

Year built
1995
Construction
TYPE NOT SPECIFIED
Lot size
3.30 AC
Property size (Sq ft)
17,116 SF
Property type
Warehouses
APN
38-06-25-100-016.000-022
APU
380625100016000022

Description

This exceptional opportunity presents a well-established industrial maintenance company ideally situated in Portland, Indiana, on a 3.3-acre lot at 2301 W 125 S. The business boasts a proven track record of success, serving diverse industries including food processing, plastics manufacturing, and automotive production, among others. Its comprehensive service offerings encompass equipment repair, preventative maintenance, on-site support, full fabrication, machine rigging, process piping, millwright services, and welding. The company has cultivated a loyal clientele and a solid reputation for high-quality workmanship, resulting in reliable revenue streams and consistent profitability. The strategic location near an ethanol plant, a stone quarry, and numerous manufacturing facilities provides excellent access to a large customer base and further growth potential. This turnkey operation includes all essential tools, equipment, and a valuable customer database, facilitating a smooth transition for the new owner. The business is offered at $1,634,900 and presents a compelling investment for entrepreneurs seeking a profitable venture or established companies aiming to expand their operations. This is a rare chance to acquire a thriving business with immediate cash flow and significant long-term growth prospects.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,103,745
    Hospitality
    $2,843,014
    Educational
    $2,365,354
    Medical
    $2,446,702
    Retail
    $3,679,440

Location Insight

City
Portland
County
Jay
State
Indiana
Latitude
40.4188
Longitude
-85.0256

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,886
$26,700
$194,100
$220,800
-
$26,700
$194,100
$220,800

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