1610 W. 550 N. Columbus, IN

THE OPPORTUNITY

See the potential.

1610 W. 550 N. is a 15,500-square-foot industrial facility offering approximately 11,900 square feet of Class A warehouse space designed for manufacturing, distribution, storage, or contractor operations. The warehouse features 18-foot clear heights, six 14-foot overhead doors, two mezzanines, and durable 10-inch epoxy-coated concrete floors for long-term performance.

The office area includes six private offices, two flex rooms, and a reception/showroom space. The fully gated property features badge-swipe access, security cameras, and an established on-site RV storage operation generating approximately $6,000 per month in supplemental income, creating additional value for both owner-users and investors.

Property Highlights:

- 15,500 SF industrial facility

- 11,900 SF Class A warehouse

- 18' clear | 6 × 14' overhead doors | Two mezzanines

- Office, reception/showroom & flex space

- Secure gated campus with badge access & cameras

- RV storage income (~$6,000/month)

- Minutes from I-65 | 1–2 hour access to Indianapolis, Louisville, Cincinnati & Bloomington

Offered at $2,950,000, 1610 W. 550 N. presents a compelling value-add investment opportunity with immediate supplemental income and significant lease-up potential. The property includes 15,500 square feet of high-quality industrial space delivered vacant, allowing a new owner to lease at current market rates without waiting for tenant rollover. Based on an estimated market rental rate of approximately $9.50/SF NNN, the building offers strong income potential, complemented by an established RV storage operation generating approximately $6,000 per month. Combined with its strategic location just minutes from Interstate 65 and access to multiple major Midwest markets within one to two hours, the property is well-positioned to attract quality industrial tenants and deliver long-term investment performance.

Investment Pro-Forma:

- Asking Price: $2,950,000

- Lease-Up Opportunity: 15,500 SF at estimated market rent of $9.50/SF NNN

- Projected Industrial Rental Income: $147,250 Annually

- Existing RV Storage Income: Approximately $72,000 Annually

- Total Potential Annual Revenue: Approximately $219,250

- Projected Going-In Yield: 7.43% (based on gross potential revenue)

• Industrial

THE DETAILS THAT MATTER

A closer look.

Transaction

For sale

Property type

Industrial

Building area

15,500 SF

Lot area

4.52 acres

Year built

1999

Zoning

CC: Commercial Community

Price per building SF

$190.32/SF

Information is supplied by the listing source. Unpublished financial fields are omitted. Financial figures and availability should be independently confirmed. Catalog updated Oct 19, 2026.

1610 West 550 North, Columbus, IN 47203