300 E Union St

Marengo, IN 47140 View Map $26,000,000 Schedule a Tour
Acres269
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Jeremy Ward Team

Jeremy Ward Team

(812) 200-2853
License: RB14035695
 
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Status: Active
Property Type:Industrial
MLS #:2022011473
On Site:582 Days
Lot Size:269 Acres
County:Crawford

Marengo Warehouse Distribution Center 

Marengo Warehouse Distribution Center includes almost 300 ac +/- in which 58 ac has been developed underground into 13 individual warehouses . These average 100,000 sqft each. Four of them are freezer units that are used for frozen foods. Some of the storage facilities are dehumidified as well. There are several other income streams for this property including a home and phone tower lease. Some of the benefits of having the  underground storage is no heating or cooling bills since this Warehouse Distribution Center stays between 55 and 58 degrees year round. No maintenance on roofs and exterior ect. Several government and state contracts are included in this sale of the Warehouse Distribution Center and business. Please reach out for more details and videos of the facility . This is a solid business that has been operating for 30 years with so much room for expansion as well as mineral rights for the remaining limestone quarry . Located in the heart of the MidWest just minutes from I-64 and less than 45 minutes from Louisville Kentucky and close to several larger cities (St. Louis, Cincinnati ,Indianapolis, Evansville, Lexington , Nashville, Chicago, Detroit). The Warehouse Distribution Center has a 50 car rail spur on site but would need to be improved prior to being used.

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Community Information

Address:300 E Union St, Marengo, IN 47140
County:Crawford
City:Marengo
Township:Liberty
Zip Code:47140

Property Features

Lot Size: 269 Acres
Lot Size (Sq.Ft.): 11717640
Directions:I64 to exit 118 toward Georgetown, turn left onto E Pleasant and then left on E. Union property on left

Tax and Financial Info

Tax Annual Amount: $71,397

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300 E Union St Marengo,  IN 47140
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300 E Union St Marengo, IN 47140
 
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Listing Information Last Updated 3/28/2024
Listing provided courtesy of Ward Realty Services (812-200-2838).
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than Ward Realty Services are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.