This Southern Indiana Underground Cave Holds 13 Warehouses!
Channel: Jeremy Ward Team
Date: 2022-08-29

New Listing! Click the link for more details: https://www.wardrealtyservices.com/property-search/detail/4/2022011473/300-e-union-st-marengo-in-47140/

Opportunity Knocks !!
Marengo Warehouse and 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 storage underground are no heating or cooling bills since this 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 property 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 property has a 50 car rail spur on site but would need to be improved prior to being used.

Contact Jeremy Ward at 812-987-4048 or JW@JeremyWardTeam.com for more information. 
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