1000 Morton StPortland, IN 47371

Property Details for 1000 Morton St

Year built

1978

Construction

TYPE NOT SPECIFIED

Lot size

3.15 AC

Property size (Sq ft)

73,243 SF

Property type

Manufacturing properties

APN

38-07-16-304-003.000-034

APU

380716304003000034

Description

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.

• Alternative Use

  Use

  Valuation

  Residential

  $13,281,584

  Hospitality

  $12,165,860

  Educational

  $10,121,853

  Medical

  $10,469,959

  Retail

  $15,745,104

Location Insight

City

Portland

County

Jay

State

Indiana

Latitude

40.4411

Longitude

-84.9693

Property Tax & Assessments

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