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811 Commerce Dr
Kendallville, IN 46755
Asking Price
$2.58M
Asset Type
Manufacturing Industrial
Class
Class B
What's Special
60,760 SF Industrial Building Available <p>Heavy power capabilities - 6,000 Amps, 3-Phase</p><p>Favorable industrial (I2) zoning in place</p><p>Fire suppression sprinkler system</p><p>Six loading docks and four drive-in doors</p><p>Fully heated and air-conditioned facility</p><p>Room for expansion on 6.64 Acre site</p><p>Sale Price $2,585,000 ($42.54/SF)</p>
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NOI
$80,000
Cap Rate
3.09%
DSCR
0.52
Underwater
Cash-on-Cash
-9.47%
Monthly Payment
$12,789.17
Annual Cash Flow
$-73,470.035