Industrial Building for Sale

SaleWarehouse/Industrial 153,962 SF
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316-320 W Gridley Ave.
Gridley, IL 61744
Price: $2,500,000
Building Size: 153,962 SF
Lot Size (acre): 14.88 AC
Zoning: Industrial
Tax PIN: 02-04-352-016, -010, -002, -003, 005, -006, 02-04-354-001, -002, -003, -004, -005, -010
RE: $202,571.50
Year Built | Renovated: 1986 | 2007

Property Description

Coldwell Banker Commercial Devonshire Realty (CBCDR) & Jones Lang LaSalle (JLL) is proud to offer for sale the former food manufacturing facility located in Gridley, IL. The entire complex is comprised of four buildings totaling 153,962 SF. The original warehouse/office was constructed in 1986 and consist of 10,680 SF of which roughly 2,600 SF is built out as office space with the balance being warehouse space. The main warehouse was constructed in the mid 2000’s and is a 137,582 SF precast food grade warehouse that was most recently used by Kerry Foods. The main warehouse is currently demised into several different product lines with several separate loading/storage areas and all the equipment has been removed. The building features 25’- 27’ clear heights, 6,000 Amp 480 V 3-Phase power, 12 dock high doors, one 14’t x 16’w drive in door, and rail access along the north side of the building. The maintenance shop building was constructed around the time of the main building and is 3,200 SF with three drive in doors. There is another smaller building included in the sale that would either need to be completely renovated or torn down. The facility is located on 12 individual parcels and consists of 14.88 Acres.

Area Description

Gridley is located in Northern McLean county in Central Illinois and located equidistant between Interstate 39 & Interstate 55 on US 24. The property is located on the west edge of Gridley and is within the city limits. Gridley is located 24 miles north of Bloomington- Normal, 40 miles east of Peoria, 120 miles southwest of Chicago, 180 miles northwest of Indianapolis, and 185 miles northeast of St. Louis.