1303 N Arlington Ave - Medical FOR SALE


Indianapolis, IN 46219- Eastside
$500,000 USD
317-607-0884
1303 N Arlington Ave, Indianapolis, IN for Sale
$500,000 USD
Medical - FOR SALE
1/7
null | Request Cap Rate

1303 N Arlington Ave
Indianapolis, IN 46219
Eastside


HIGHLIGHTS

  • Redevelopment opportunity.
  • Zoned C-1 Allows for a variety of uses.
  • Just minutes from I-465, I-70, and other major thoroughfares.

OVERVIEW

Unlock the possibilities at 1303 N Arlington, a unique multi-building office campus located on 2 acres in the heart of Indianapolis’ east side. This former professional and medical office complex features seven freestanding buildings with a combined footprint of over 17000 sf ideal for redevelopment or adaptive reuse. Positioned adjacent to the Jane Pauley Community Health Center and just minutes from I-465, I-70, and major surface routes, the property benefits from excellent regional access. An IndyGo bus stop nearby further increases site accessibility for both staff and clientele. Originally built in 1967, the structures reflect a distinctive mid-century design, with limestone exteriors, wood detailing, and mature landscaping. The site offers abundant surface parking, including handicappedaccessible spaces, and a campus-style layout that supports both privacy and flexibility of use. This property is vacant and in need of redevelopment. Zoned C-1, the property allows for a variety of permitted reuses, including: Nursing home or assisted living Day care or nursery school Community center or religious facility Private school or funeral home Whether you're planning to revive the existing medical footprint, create a multi-tenant nonprofit campus, or introduce a new community-serving use, 1303 N Arlington offers the size, location, and zoning flexibility to bring your vision to life.

FOR SALE DETAILS

PRICE

$500,000 USD

PRICE/SF

$29 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Arlington Community Professional Center

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Day Care Center, Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

1.88 AC

LAND SF

81,698 SF

ZONING

C-1

APN/PARCEL ID

49-07-35-106-070.000-701

ASK ABOUT THIS PROPERTY

Sharon ThompsonKW Commercial IndianaMore Info
317-607-0884

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

Sharon ThompsonKW Commercial IndianaMore Info
317-607-0884

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