← Back to properties
Building For sale

232 E Pearl St

Gas City, IN · Grant County County

Industrial (Building) with 2.839 acres and 43,380 square feet in Gas City, IN, available for sale.

Property overview

Acreage
2.84 acres
Building size
43,380 sq ft
Availability
For sale
Price
$2,200,000
Pricing · Price per square foot
50.71 USD
Zoning · General zoning
industrial
Zoning · Zoning code
LC/TZ
Zoning · Inside city limits
Yes
Zoning · Municipality
Gas City
Transportation · Rail access
on_site
Transportation · Nearest rail owner
Norfolk Southern Railway
Transportation · Nearest rail line
NS Marion District
Transportation · Distance to rail
0.360 miles
Transportation · Nearest highway
US 35
Transportation · Distance to highway
14.850 miles
Transportation · Nearest interstate
I 69
Transportation · Distance to interstate
14.110 miles
Transportation · Nearest airport
Marion Muni (MZZ)
Transportation · Distance to airport
3.923 miles
Transportation · Nearest port
Michigan City 6.6 feet deep
Transportation · Distance to port
148.071 miles
Utilities · Electricity available
Yes
Utilities · Electric provider
City Of Gas City - (In) (Gas City, IN)
Utilities · Distance to power line
0.090 miles
Utilities · Distance to substation
0.090 miles
Utilities · Water available
Yes
Utilities · Water service
municipal
Utilities · Water provider
Gas City Water Department (Gas City, IN)
Utilities · Wastewater available
Yes
Utilities · Wastewater service
municipal
Utilities · Wastewater provider
Gas City Wwtp (Gas City, IN)
Utilities · Distance to wastewater service
3040.610 feet
Utilities · Distance to wastewater service
0.576 miles
Utilities · Telecommunications available
Yes
Utilities · Fiber service
available
Environmental · Flood zone
AE
Environmental · Inside 100-year floodplain
Yes
Environmental · Inside 500-year floodplain
No
Environmental · Wetlands
no

This site wins for rail-served distribution in a small-town industrial setting, with an existing building that includes multiple dock-high doors and on-site rail access along a level, developed parcel. It sits inside Gas City limits with municipal water, sewer, and fiber available, and direct street access via E Pearl Street.

The property fits distribution, warehouse, light manufacturing, or truck-terminal uses that can work within a narrow rail corridor. It also qualifies for federal incentive programs including HUBZone and New Markets Tax Credit eligibility, which can speed project economics and reduce upfront costs for buyers ready to move quickly.

Location