Grubb & Ellis | Cressy & Everett

1025  N Michigan St

Elkhart, IN

Building:    66,967 SF

Land:          13.99 Acres

Year Built: 1927; Complete Renovation 1995

Zoning:        M-2

Parking:     Approx. 375 Paved Spaces

HVAC:        Gas Fired Boiler System; Chiller

                     Cooling System

Power:        480 Volt/3-Phase Power

Utilities:      Municipal Water & Sewer

Security:    Swipe Card Access, Security Fencing

                     & Security Cameras

Sprinkled:  100% Wet Sprinkled

Signage:     Building Facade & Monument

Taxes:        $34,817.68 (2010 Pay 2011)

List Price:  $1,750,000 ($26.13 PSF)  

Description:

This 66,967 SF historic, two-story corporate office facility is ideally located in a Technology Park TIF District which qualifies this property for numerous State and Local business incentives. Completely renovated in 1995, there is a combination of executive and private offices, break-out meeting rooms, training center, open areas for modular stations, cafeteria area and excellent CAT 5 wiring distribution throughout. The 13.99 acres of land can accommodate expansion of the building or an addition for manufacturing space: Five (5) acres fully developed with the building, 3.5 acre parking lot, water retention and landscaping.

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Located within Elkhart’s Technology Park TIF District, a tax incremental finance district which qualifies this property for numerous State and Local business incentives, on Elkhart’s northwest side. Excellent access to SR 19 and US 20, and minutes from the I-80/90 Indiana Toll Road and Elkhart Municipal Airport. Indiana offers a pro-growth environment, skilled workforce, and targeted business incentives to companies from across the country and around the world. Indiana also provides the business environment needed to branch out and the industrydesigned initiatives designed to stimulate growth, innovation and profits. Indiana enjoys a “AAA” credit rating, capped property taxes, State tax exemption for patents developing new business technology or processes, and R & D sales tax credit on research and development equipment.