Property History
This property is a redevelopment opportunity for a 65,383 SF warehouse/manufacturing facility on 6.58 acres for sale. This property was first built in 1988 and was home to Recontek which operated through 1995 and was purchased by Hydromet which operated for a few years after that and closed the doors in 2004. The property has been vacant since that time and is being sold as-is. The construction of the shell is concrete and was designed to withstand an earthquake at the time of construction with 10" thick reinforced floors. It is being priced as a shell of a building for an owner user or investor looking for a head start on construction that can redevelop the property into it's former glory. Roof, mechanical, electrical and plumbing conditions are unknown but will require improvements. The building features interior containment walls for liquid spill protection. There are (3) 15' Drive-In Doors and (2) 15' Exterior Docks.
Will consider all offers.
The site is located in Newman which is 13 Miles from I-57and 17 miles to Tuscola and 43 miles to Champaign.
NO RESERVE AUCTION - Starting bid: $39,000
https://FRE.com/534D11
Property Highlights:
Ideal for owner-user or investor to redevelop and renovate to suit their needs
Heavy Industrial possibilities
15,000 SF food-grade manufacturing plant with 1,352 SF of office space
Three (3) 15' Drive-In Doors and (2) 15' Exterior Docks.
20 ft clearance with 40'-60' bay spacing
Concrete construction with 10" thick reinforced floors and features interior containment walls for liquid spill protection
250-gallon hot water heater and piping for process water
Trane HVAC system to control temperature and humidity
Power: 480v, 3-phase, 4600 amps electrical service
Loan History
Financial History
Tax History
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Comparable Properties
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