Auction Information
Metzger Online Real Estate Auction
Unique Commercial & Redevelopment Opportunity -- Offered in 5 Tracts
Think beyond what it was--and imagine what it could become!
For decades, this property served as the home of a crane and welding operation. Today, its substantial industrial buildings, distinctive brick architecture, separate office building and surrounding land present a rare opportunity for the next owner to write an entirely new chapter. The unique opportunity is being offered in 5 tracts via Online Auction in the multi-par format so that buyers will have the flexibility to purchase individual tracts, a combination of tracts, or pursue the property in its entirety--creating opportunities for business owners, investors, developers and entrepreneurs alike.
Online Auction: Tuesday, November 10, 2026 | Starting at 6 pm est
Property Address: 1244 E. Market Street, Huntington, IN 46750
Open House: Sunday, November 1st | 1-2 pm est
Auction Manager: Neal Snyder, call/text: 260-358-7923
Former Crane & Welding Complex | Commercial Investment Redevelopment Opportunity
TRACT 1: The centerpiece of the offering and includes the expansive former manufacturing and industrial complex. The property's vintage brick construction, large-scale building footprint, tall industrial spaces and unmistakable character provide the foundation for a wide variety of possibilities. An owner could explore returning the property to commercial or industrial use, while a more creative investor may envision an adaptive-reuse project that takes advantage of the building's historic industrial character.
Imagine a marketplace or vendor hall, loft-style apartments, mixed-use development, studios or maker spaces, event venue, retail concepts, storage, workshops, business incubator or an entirely new redevelopment concept. The possibilities are limited only by a buyer's vision!
TRACT 2: Features the former main office building, providing a separate structure that could potentially complement the larger complex or serve an independent commercial purpose or office building for a new or current business. Main Office Entrance is off the street and the back side has walk-in doors as well as overhead doors for added convenience.
TRACTS 3,4,5: All consist of Vacant Land, creating additional flexibility for parking, expansion, outdoor space, future development or support acreage for the adjoining improvements. *Tract 5 is a Swing Tract and must be purchased in combination with an adjoining tract or by an adjoining landowner for access purposes.
Bid on each tract individually, any combination, or the entirety!
Schedule Your Private Showing Today! Call/Text Auction Manager, Neal Snyder, call/text: 260-358-7923 or our office at 260.982.0238
Terms & Conditions
TERMS: If online only, it will be a soft close, the end time continues to extend by a few minutes whenever a bid is placed within 2 minutes of the auction closing. This means it doesn't truly end until all bidding has stopped, providing a fair opportunity to all bidders!
This property will be offered at Online Auction on Tuesday, November 10, 2026 - Bidding begins closing out at 6 pm! Your bid constitutes a legal offer to purchase, and the final bid shall constitute a binding contract between the Buyer and Sellers. The auctioneer will settle any disputes as to bids and their decision will be final. The acreages and square footage amounts listed in this brochure and all marketing material are estimates taken from county records, FSA records and/or aerial photos. The sellers reserve the right to determine the need for, and type of survey provided. If completed, the cost of the survey will be shared 50/50 by the Seller and the Buyer.
A 4% buyer's premium will be added to the winning invoice. An earnest money deposit of 10% per tract will be due within 24 hours of the auction with the balance due at closing. Said funds will be held in our Escrow account and will come off your balance due at closing. YOUR BIDDING IS NOT CONTINGENT UPON FINANCING. Buyers agree to sign the purchase agreement within 24 hours of the auction ending and submit their earnest money to Metzger Property Services within the 24-hour time period via cash, check or wire transfer. Buyer(s) agrees to pay an additional $25 wire transfer fee if wiring said funds. Buyers who fail to do so will be in breach of contract and are subject to damages &/or specific performance.
The Sellers will provide a Warranty Deed & an Owner's Title Insurance Policy at closing. The closing(s) shall be on or before December 11, 2026. Possession will be at closing. Taxes will be prorated to the day of closing. Real estate taxes for the entirety in '25 due in '26 were approximately $5,052.00. Metzger Property Services LLC, Chad Metzger, Neal Snyder, and their representatives, are exclusive agents of the Sellers. All statements made on auction day take precedence over printed materials. The property is being sold "AS IS, WHERE IS" with no warranties expressed or otherwise implied. All decisions made by the auctioneer are final.
RE BROKERS: Must Register Clients 24 hrs. in advance of the auction & be present with them at any & all showings they attend to receive compensation. Client Registration form is in docs. Seller has the right to accept bids prior to auction.
