• Broker Michael Siwietz 2192292911

1540 Genesis Dr 14,200 SF Industrial Building La Porte, IN 46350 $1,180,000 ($83.10/SF)

View Photo

INVESTMENT HIGHLIGHTS

  • New Additions and Updates
  • 400 A / 600V / 3 Phase Electrical
  • Ownership would Entertain Sale/Leaseback
  • M-2 Zoning in Established Industrial Park
  • Low Real Estate Taxes

EXECUTIVE SUMMARY

14,200 SF Industrial/Manufacturing building sitting on a 2-acre parcel in the Thomas Rose Industrial Park zoned M-2, Heavy Industrial. The front of the building is 5,000 SF built in 1996, constructed of metal panel siding with ornamental masonry over structural peaked steel trusses. The interior consists of 650 SF of office & breakroom with the remaining space utilized as warehouse/manufacturing with 12' side and 14’ center peak heights. The first addition of 2,000 SF constructed in '19 with a 8' x 10’ OHD & 12’ ceilings. The rear was completed in '21 is 7,200 SF (80' x 90'), 6" reinforced pad, 18' ceilings, 12’ x 12' OHD. Electrical is 400A, 600 V (AC/DC), 3P/4W with multiple subpanels. Low RE taxes of $5,525 '23 payable '24.

ATTACHMENTS

La Porte B-2 zoning permitted Use

PROPERTY FACTS

Price $1,180,000 Rentable Building Area 14,200 SF
Price Per SF $83.10 No. Stories 1
Sale Type Owner User Year Built/Renovated 1996/2021
Property Type Industrial Tenancy Single
Property Subtype
Service
  • Industrial Manufacturing
  • Industrial Warehouse
Parking Ratio 1.06/1,000 SF
Building Class B Clear Ceiling Height 18’
Lot Size 2.00 AC No. Drive In / Grade-Level Doors 2
Zoning M-2 - Heavy Industrial
Price $1,180,000
Price Per SF $83.10
Sale Type Owner User
Property Type Industrial
Property Subtype
Service
  • Industrial Manufacturing
  • Industrial Warehouse
Building Class B
Lot Size 2.00 AC
Rentable Building Area 14,200 SF
No. Stories 1
Year Built/Renovated 1996/2021
Tenancy Single
Parking Ratio 1.06/1,000 SF
Clear Ceiling Height 18’
No. Drive In / Grade-Level Doors 2
Zoning M-2 - Heavy Industrial

UTILITIES

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

PROPERTY TAXES

Parcel Number 46-06-25-126-017.000-043 Improvements Assessment $89,400 (2024)
Land Assessment $80,000 (2024) Total Assessment $169,400 (2024)

PROPERTY TAXES

Parcel Number
46-06-25-126-017.000-043
Land Assessment
$80,000 (2024)
Improvements Assessment
$89,400 (2024)
Total Assessment
$169,400 (2024)

MAP

ADDITIONAL PHOTOS

View Photo Genesis Building west side
View Photo 80'x90' Rear Addition
View Photo Center Addition
View Photo Front office
View Photo Aerial 2
View Photo Primary Photo
  • Listing ID: 33624618

  • Date on Market: 10/24/2024

  • Last Updated: 5/7/2025

  • Address: 1540 Genesis Dr, La Porte, IN 46350