# 400 S Gray Street, Albany, IN 47320 > **TL;DR:** commercial, $700,000, built 1930. > A/C. Est. $3,744/mo. Listed 221 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $700,000 | | Year Built | 1930 | | Lot Size | 330,620 sqft (7.59 acres) | | Property Type | Commercial (Other) | | Status | Active | | Days on Market | 221 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $3,540 | | Estimated Insurance | $204 | | **Total** | **$3,744** | ## Key Amenities - A/C ## Property Highlights - Built in 1930 - 7.59 acre lot ## Description ### Agent Description Don't miss this exceptional opportunity to acquire this industrial property formerly operated as Albany Metal Treating Inc since 1978. This facility is ideally suited for metal processing, heat treating, manufacturing, or a wide range of industrial applications. AMT offered a wide arrange of heat treat services which included the most recent poly and oil quench processing, induction and vacuum furnaces! The facility had a capacity of over 250,000 pounds per day. Constructed for heavy-duty use, the property features a durable industrial building with high ceilings, reinforced concrete flooring, and infrastructure designed to support high-temperature operations. The facility is equipped with substantial power capacity, ventilation systems, and multiple overhead doors for efficient loading, unloading, and workflow. The interior offers a flexible layout with ample space for equipment, production lines, and storage. Additional features include office space for administrative operations and support areas for staff and inventory. The site provides convenient access to regional highways, supporting efficient transportation and logistics. This property Includes an existing industrial zoning, and presents a valuable opportunity for owner-operators, investors, or companies looking to expand their manufacturing footprint. Real Estate Highlights: - Industrial facility designed for metal treating and manufacturing - Heavy-duty construction with high-clearance space - Multiple overhead doors and efficient loading access - Office and support space included - Centrally Located Between Fort Wayne and Indianapolis - 3 Phase and Heavy Power Onsite ## Location - **Address:** 400 S Gray Street, Albany, IN 47320 - **County:** Delaware County - **Coordinates:** 40.296462, -85.246812 - **Google Maps:** https://www.google.com/maps?q=40.296462,-85.246812 ## Virtual Tour & Media - **Video Tour:** https://www.propertypanorama.com/instaview/irmls/202609718 ## Listing Agent - **Name:** Nathaniel Scalf - **Brokerage:** Shawver Auctioneering & Real Estate - **Broker Phone:** 2607269621 ## Photos ![400 S Gray Street - Photo 1](http://lh.rdcpix.com/2e61e3f707438d005a72c07ab226c4b3l-f1469611542r.jpg) ![400 S Gray Street - Photo 2](http://lh.rdcpix.com/2e61e3f707438d005a72c07ab226c4b3l-f888360030r.jpg) ![400 S Gray Street - Photo 3](http://lh.rdcpix.com/2e61e3f707438d005a72c07ab226c4b3l-f1645740705r.jpg) ![400 S Gray Street - Photo 4](http://lh.rdcpix.com/2e61e3f707438d005a72c07ab226c4b3l-f2755253945r.jpg) ![400 S Gray Street - Photo 5](http://lh.rdcpix.com/2e61e3f707438d005a72c07ab226c4b3l-f1865899329r.jpg) ![400 S Gray Street - Photo 6](http://lh.rdcpix.com/2e61e3f707438d005a72c07ab226c4b3l-f4234402254r.jpg) ![400 S Gray Street - Photo 7](http://lh.rdcpix.com/2e61e3f707438d005a72c07ab226c4b3l-f2461047266r.jpg) ![400 S Gray Street - Photo 8](http://lh.rdcpix.com/2e61e3f707438d005a72c07ab226c4b3l-f3992089036r.jpg) ![400 S Gray Street - Photo 9](http://lh.rdcpix.com/2e61e3f707438d005a72c07ab226c4b3l-f1057775131r.jpg) ![400 S Gray Street - Photo 10](http://lh.rdcpix.com/2e61e3f707438d005a72c07ab226c4b3l-f3824560231r.jpg) ![400 S Gray Street - Photo 11](http://lh.rdcpix.com/2e61e3f707438d005a72c07ab226c4b3l-f1613027684r.jpg) ![400 S Gray Street - Photo 12](http://lh.rdcpix.com/2e61e3f707438d005a72c07ab226c4b3l-f2978577211r.jpg) ![400 S Gray Street - Photo 13](http://lh.rdcpix.com/2e61e3f707438d005a72c07ab226c4b3l-f1245619614r.jpg) ![400 S Gray Street - Photo 14](http://lh.rdcpix.com/2e61e3f707438d005a72c07ab226c4b3l-f3388317258r.jpg) ![400 S Gray Street - Photo 15](http://lh.rdcpix.com/2e61e3f707438d005a72c07ab226c4b3l-f2729439661r.jpg) ![400 S Gray Street - Photo 16](http://lh.rdcpix.com/2e61e3f707438d005a72c07ab226c4b3l-f3569466868r.jpg) ![400 S Gray Street - Photo 17](http://lh.rdcpix.com/2e61e3f707438d005a72c07ab226c4b3l-f1161398576r.jpg) ![400 S Gray Street - Photo 18](http://lh.rdcpix.com/2e61e3f707438d005a72c07ab226c4b3l-f1641435754r.jpg) ![400 S Gray Street - Photo 19](http://lh.rdcpix.com/2e61e3f707438d005a72c07ab226c4b3l-f2123281769r.jpg) ![400 S Gray Street - Photo 20](http://lh.rdcpix.com/2e61e3f707438d005a72c07ab226c4b3l-f2499384489r.jpg) ![400 S Gray Street - Photo 21](http://lh.rdcpix.com/2e61e3f707438d005a72c07ab226c4b3l-f2640992912r.jpg) ![400 S Gray Street - Photo 22](http://lh.rdcpix.com/2e61e3f707438d005a72c07ab226c4b3l-f917272716r.jpg) ![400 S Gray Street - Photo 23](http://lh.rdcpix.com/2e61e3f707438d005a72c07ab226c4b3l-f1956008482r.jpg) ![400 S Gray Street - Photo 24](http://lh.rdcpix.com/2e61e3f707438d005a72c07ab226c4b3l-f2746918745r.jpg) ![400 S Gray Street - Photo 25](http://lh.rdcpix.com/2e61e3f707438d005a72c07ab226c4b3l-f2722007501r.jpg) ![400 S Gray Street - Photo 26](http://lh.rdcpix.com/2e61e3f707438d005a72c07ab226c4b3l-f2427724518r.jpg) ![400 S Gray Street - Photo 27](http://lh.rdcpix.com/2e61e3f707438d005a72c07ab226c4b3l-f1660634259r.jpg) ![400 S Gray Street - Photo 28](http://lh.rdcpix.com/2e61e3f707438d005a72c07ab226c4b3l-f1296840843r.jpg) ![400 S Gray Street - Photo 29](http://lh.rdcpix.com/2e61e3f707438d005a72c07ab226c4b3l-f3453393686r.jpg) ![400 S Gray Street - Photo 30](http://lh.rdcpix.com/2e61e3f707438d005a72c07ab226c4b3l-f2132413804r.jpg) ![400 S Gray Street - Photo 31](http://lh.rdcpix.com/2e61e3f707438d005a72c07ab226c4b3l-f3408788404r.jpg) ![400 S Gray Street - Photo 32](http://lh.rdcpix.com/2e61e3f707438d005a72c07ab226c4b3l-f146377677r.jpg) ![400 S Gray Street - Photo 33](http://lh.rdcpix.com/2e61e3f707438d005a72c07ab226c4b3l-f3748324249r.jpg) ![400 S Gray Street - Photo 34](http://lh.rdcpix.com/2e61e3f707438d005a72c07ab226c4b3l-f2198992457r.jpg) --- **MLS#:** 202609718 | **Updated:** 2026-10-20 **Source:** listhub *Copyright © 2026 Upstate Alliance of REALTORS® Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://staging.propertysimple.ai/listing/400-s-gray-street-albany-in-47320-4ba652d2e3ab4d8eb669192ab10ade84) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/400-s-gray-street-albany-in-47320-4ba652d2e3ab4d8eb669192ab10ade84#listing", "url": "https://staging.propertysimple.ai/listing/400-s-gray-street-albany-in-47320-4ba652d2e3ab4d8eb669192ab10ade84", "name": "400 S Gray Street, Albany, IN 47320", "description": "Don't miss this exceptional opportunity to acquire this industrial property formerly operated as Albany Metal Treating Inc since 1978. This facility is ideally suited for metal processing, heat treating, manufacturing, or a wide range of industrial applications. AMT offered a wide arrange of heat treat services which included the most recent poly and oil quench processing, induction and vacuum furnaces! The facility had a capacity of over 250,000 pounds per day. Constructed for heavy-duty use, the property features a durable industrial building with high ceilings, reinforced concrete flooring, and infrastructure designed to support high-temperature operations. The facility is equipped with substantial power capacity, ventilation systems, and multiple overhead doors for efficient loading, unloading, and workflow. The interior offers a flexible layout with ample space for equipment, production lines, and storage. Additional features include office space for administrative operations and support areas for staff and inventory. The site provides convenient access to regional highways, supporting efficient transportation and logistics. This property Includes an existing industrial zoning, and presents a valuable opportunity for owner-operators, investors, or companies looking to expand their manufacturing footprint. 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