StemWood is a 16 acre site at 2710 Grant Line Road, zoned I-2 (heavy industrial) within the New Albany Enterprise Zone.
We have about 160,000 square feet of manufacturing, warehouse, and covered outdoor storage area. Much of the property is paved concrete or asphalt.
We have about 3 acres of open road frontage, 575 feet in length. About 2 acres of the southernmost property is undeveloped.
There are 2 direct entrances, and 1 additional right of way entrance across adjacent properties on the north side.
This property was farmland when it was purchased by the Stems in 1942. The buildings were added between 1944 and 1965.
The site has been used only as a veneer and lumber mill, and there have never been chemical treatments or industrial waste issues.
Current ownership has been in place since 1989, only the second owner of the business. The company is debt free with cash in the bank and under no duress.
We are receptive to selling the property. Please refer to the aerial photos of the property. Here is a brief description of some of its features.
44,000 square feet, 20 foot ceiling height
26,000 square feet separate building, varying ceiling heights from 12’ to 30’
3 dock doors facing Grant Line Road, and several dock height and drive in overhead doors for all buildings
240 volt and 480 volt electric service
3 inch water meter service
Natural gas service plumbed to most buildings
Protected by dry pipe sprinkler system
Fenced and secured by Johnson Controls intrusion alarm system
Exterior security camera system