Indiana Property Up for Auction at - An Opportunity for Large-Scale Commerce

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Peru, Indiana industrial property up for auction will give a buyer the chance to vastly increase the scale of their business.

News Image, an Internet leader for Real Estate auctions is featuring a fascinating example of a Real Estate item with the potential to help a lucky midwestern company to change the scope of their business model.

53,000 square feet of industrial Real Estate, on more than a full acre, of land are available in the Grissom Aeroplex in Peru, Indiana. Such a piece of Real Estate forms an unmissable opportunity for a buyer to find a place in the developing industrial community that has sprung up since the shift of Grissom Air Force Base into an Air Reserve Base. Warehouse space in the area is uniquely positioned to take advantage of postwar emphasis on the American military industry. Constructed with military applications in mind, this particular property was once the commissary, and commissary-related offices for the base.

Created in 1942 as a naval training base called Bunker Hill, the area saw major use during World War II. During the Cold War, it became a major Air Force base named after Virgil "Gus" Grissom, an American astronaut who died in a NASA accident in 1967. Today, it is a joint public-private industrial complex.

This Real Estate includes three loading docks and enormous drive-in refrigeration and freezing areas, along with vast storage space in a warehouse with ceilings as high as twenty feet. Perhaps an ideal use for the space would be as a base of operations for a food packaging company, or some form of laboratory facility requiring cold storage. There is also a 2,895 square foot office structure on the premises, making it ideal for a company headquarters to be housed on site.

Interested buyers should explore possible tax incentives for redevelopment of this once publicly owned land. Since it is designated an Enterprise Zone, certain regulations will be in place. However, certain advantages could be derived from close proximity to active air strips, and other similar industrial structures. Thorough legwork should reveal a wealth of possibilities for this unique industrial property.

This parcel is scheduled for online auction as part of's event #1201 on January 25th, 2014 from 11:00 a.m. to 2:00 p.m. central standard time. If no early offers are accepted by the seller, bidding will start for this item at an astonishing $199,000. The potential savings are vast when one notes that the original asking price was $395,000.

At press time, there is still more than enough time to pay this property a visit. Starting in Peru, Indiana, it can be found by taking Highway 31 south, making a right turn on Highway 218, then a left onto Foreman Dr. and a final left onto West Thunderbolt Ave. This property can be found at the corner of Thunderbolt and Lancer.

Interested parties should visit to find more photos and details about the property, or by visiting in person and performing an inspection on site, which is highly recommended. 1-866-371-3619 is's information line. Additionally, features a live chat service through which questions can be answered.


Green Bay, WI-based is a Real Estate marketing firm specializing in project focused auctions of bank-owned properties throughout the United States. The Micoley approach to Real Estate marketing tailors each auction plan to the client's individual needs. The site is constantly being updated for the benefit of buyers, as large scale auction events are held monthly, and new properties are added daily. Auctioneer: Katrina McDermid #AU11100127. Broker Firm: LLC #RC51300054. Broker: Amy Wick #PB21100097.

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Rick Roundy
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