A unique historic brick building, beautifully remodeled in 2008, offering an excellent opportunity for business owners, entrepreneurs or investors in Albany, Indiana. Located at 437 W State St, this property features approximately 1,500 square feet of finished interior space along with an approximately 1,270 square foot attached heated garage and shop. Zoned C2 General Commercial, the property offers possibilities for office space, business operations, residential living or a combination of uses. Previously utilized as an accounting office and more recently as a residential home, the building offers a flexible layout with impressive 11' ceilings, large windows, crown molding, hardwood floors and spacious rooms. The interior currently includes 2 bedrooms, 1 full bathroom, an open kitchen and dining area, and a recently added butler pantry. Hardwired data lines throughout the building and phone wiring designed to support up to 6 lines provide additional infrastructure for potential office or business use. The attached heated garage and shop offers approximately 1,270 square feet and includes a half bathroom, 220V electrical connections, a paint room, a floor drain, a utility sink hookup and a newer overhead garage door and opener. The property also features two separate 200 amp electrical panels, one serving the finished interior space and the other serving the garage and shop, providing valuable electrical capacity for potential business operations. Two separate furnaces provide independent heating for the living space and garage/shop. Highway frontage offers excellent visibility, while off street parking on the west side of the property provides convenient access. Electrical service is also in place in the front yard for potential business signage. Additional improvements include a newer tankless water heater and a roof over the finished living space that is approximately 6 years old. With its combination of commercial zoning, finished interior space, substantial heated shop area and residential possibilities, this property offers flexibility for a variety of potential uses in a convenient Albany location.
Don’t miss this exceptional opportunity to acquire this industrial property formerly operated as Albany Metal Treating Inc since 1978. This facility is ideally suited for metal processing, heat treating, manufacturing, or a wide range of industrial applications. AMT offered a wide arrange of heat treat services which included the most recent poly and oil quench processing, induction and vacuum furnaces! The facility had a capacity of over 250,000 pounds per day. Constructed for heavy-duty use, the property features a durable industrial building with high ceilings, reinforced concrete flooring, and infrastructure designed to support high-temperature operations. The facility is equipped with substantial power capacity, ventilation systems, and multiple overhead doors for efficient loading, unloading, and workflow. The interior offers a flexible layout with ample space for equipment, production lines, and storage. Additional features include office space for administrative operations and support areas for staff and inventory. The site provides convenient access to regional highways, supporting efficient transportation and logistics. This property Includes an existing industrial zoning, and presents a valuable opportunity for owner-operators, investors, or companies looking to expand their manufacturing footprint. Real Estate Highlights: • Industrial facility designed for metal treating and manufacturing • Heavy-duty construction with high-clearance space • Multiple overhead doors and efficient loading access • Office and support space included • Centrally Located Between Fort Wayne and Indianapolis • 3 Phase and Heavy Power Onsite
Albany is located in Indiana. Albany, Indiana has a population of 2,866. Albany is less family-centric than the surrounding county with 19.28% of the households containing married families with children. The county average for households married with children is 24.29%.
The median household income in Albany, Indiana is $50,096. The median household income for the surrounding county is $49,321 compared to the national median of $69,021. The median age of people living in Albany is 46.4 years.
The average high temperature in July is 83.9 degrees, with an average low temperature in January of 18.2 degrees. The average rainfall is approximately 39.9 inches per year, with 21.3 inches of snow per year.
