201 N Parkway Place - Cromwell

Cromwell, Indiana 46732

Primary Contact

Noble County EDC

Description

(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

Availability

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

Transportation

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

Utilities

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

Other

Responsible Party: Steven M. Kelly


Ownership: UPI Inc.


Amenities:

Cameras installed.

Mezzanine wood floors, carpeted.

Sprinklers possible.

Equipment for injection molding operation negotiable.

Concrete aprons & walks outside

Water softener.

Contacts

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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