1145 E 22nd St - Light Distribution FOR SALE


Indianapolis, IN 46202- Martindale-Brightwood
$1,780,125 USD
317-639-0515
1145 E 22nd St, Indianapolis, IN for Sale
$1,780,125 USD
Light Distribution - FOR SALE
1/15
null | Request Cap Rate

1145 E 22nd St
Indianapolis, IN 46202
Martindale-Brightwood


HIGHLIGHTS

  • Charming 2-story brick building, features bright, open air offices, kitchen, elevator and courtyard
  • Adjacent to the Monon Trail at 22nd Street
  • Surrounded by new residential development, single and multi-family
  • Current Zoning CS - City approval required
  • Martindale Brightwood Community
  • Ideal Owner Occupant Opportunity

OVERVIEW

As-Is Sale / Lender-owned Property • Charming 2-story brick office building, renovated for Charter School use • Building features bright, open-air offices, kitchen, elevator, with courtyard, (23,735 SF based on BOMA) • Four (4) parcels combine for 0.95 AC, adjacent to the Monon Trail in Martindale Brightwood • Adjacent warehouse property south of the building, 2130 Yandes St, not included in the sale • Playground and parking lot east of the parcel are not a part of the property • Two (2) short-term lease in place thru March 2025, occupying 5,382 SF. (22% occupancy) • Ideal user is an owner/occupant, 15,322 SF available RSF, common areas represent 35% of the property • Currently zoned CS, City will require hearing for intended use. • Join the neighborhood redevelopment along 22nd Street, the property is surrounded by new residential projects, and sidewalk with bike lanes recently completed. • As-is Sale Price: $75 PSF OPEX $7.60 PSF

FOR SALE DETAILS

PRICE

$1,780,125 USD

PRICE/SF

$75 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

ADD'L SUBTYPES

Freestanding, Storefront, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1904

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.95

LAND SF

41,382

ZONING

CS

APN/PARCEL ID

49-07-30-107-015.000-101,49-07-30-107-015.001-101

ASK ABOUT THIS PROPERTY

Carmen ThompsonCushman & WakefieldMore Info
317-639-0515

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Carmen ThompsonCushman & WakefieldMore Info
317-639-0515

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.