201 N Parkway Place - Cromwell

Cromwell, Indiana 46732

Primary Contact

Noble County EDC


(Multiple buildings on site. Injection molding equipment negotiable.) 18,000 sq. ft., split-level building (on northeast corner of site) is a Butler Steel building built in 1993. The Injection Molding plant is complete with full 1200 sq. ft. tool room. Ceilings 20', 24' to peak; four heated semi-truck bays with four loading docks. 

Loading docks are 24' with 28' peaks x 5000 sq. ft. 

Features 1200 sq ft mezzanine level, suitable for office or restrooms, with similar storage area above existing restrooms. Kitchen, laundry, compressor, and more included.

Quick access to SR 5 and railroad. Possible long-term lease and multi-tenant opportunities. Additional opportunities possible - 18,000 sq. ft. warehouse space currently vacant in adjacent building, available for lease. 7800 sq. ft. building with 12' side walls available for sale only. 

Property Details

Street Address: 201 N Parkway Place (off Industrial Drive)

City: Cromwell

County: Noble County

Zip Code: 46732

Type of space: Industrial, Light Mfg, Whse/Dist

Min Size: 18,000 sqft.

Max Size: 18,000 sqft.

Last Updated: 8/28/2019


For Lease: Yes

Lease Rate: $6.00 /sf

Lease Terms: 2% guarantee to ReMax Syracuse, 4% if forced to split with another office. $2000 finder's fee paid after collecting as much in lease payments. Landlord pays taxes.

Lease Type: long-term lease preferred

For Sale: Yes

Sale Terms: 45 days from contract

Sale Price: $990,000.00

Total SF: 18,000 sf

Current Use: Injection Molding

Building Details

Stand Alone Building: Yes

Divisible: Yes

Building SF: 18,000

Future Expansion SF: 35,000 sf

Area of Ground Floor: 18,000 sf

Building Type: Butler Steel

Building Material: Steel

Total Floor Area: 18,000

Manufacturing SF: 18,000

Office SF: 1,200 sf

Other SF: -6,000 sf

Building Dimensions: 120'x144'

Minimum Ceiling: 20 ft

Maximum Ceiling: 24 ft

Number of Parking Spaces: 30+

Current Tenant: Union Products

Heating System: Yes

Loading Docks: Yes

Dock Doors without Levelers: 4

Bay Size: 5000 sq ft

Drive-Ins: 10


Interstate Name: I-69

Distance to Interstate: 35 miles

Highway Description:

Located about 35 miles from I-69 at the Waterloo junction to the east, and about 40 miles from I-80/90 to the north. 

Nearby Highway: SR 5

Distance to Nearest Highway: 0.15 miles

Nearest International Airport: Fort Wayne International Airport

Distance to Nearest Airport: 47 miles

Regional Airport Name: Kendallville Municipal Airport

Distance to Regional Airport: 25 miles

Regional Airport Runway Length: 4399 ft

Rail Adjacent Site/Building: Yes

Distance to Rail: 550'

Rail Provider: CSX


Electric: Yes

Electric Provider: NIPSCO

Electric Volts: 480,277 Volts

Electric Amps: -80,024,001,600 Amps

Power Phases: 3

Natural Gas: Yes

Natural Gas Provider: NIPSCO

Sewer: Yes

Sewer Provider: Town of Cromwell

Water: Yes

Water Provider: Town of Cromwell

Telecom: Yes

Internet Connection: Yes


Responsible Party: Steven M. Kelly

Ownership: UPI Inc.


Cameras installed.

Mezzanine wood floors, carpeted.

Sprinklers possible.

Equipment for injection molding operation negotiable.

Concrete aprons & walks outside

Water softener.


Alternate Contact Name: Steven Kelly

Alternate Contact Company: KRE Holdings

Alternate Contact Phone: 260-856-2196

Alternate Email Address: skelly@upi-inc.net

Contact Information

Company: Noble County Economic Development+

Contact Name: Noble County EDC

Address: 110 S Orange Street

City: Albion

State: Indiana

Phone: 260-636-3800


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