1309 S High School Rd - Auto Repair FOR SALE


Indianapolis, IN 46241- Chapel Hill Ben Davis
$875,000 USD
765-720-2755
1309 S High School Rd, Indianapolis, IN for Sale
$875,000 USD
Auto Repair - FOR SALE
1/10
null | Request Cap Rate

1309 S High School Rd
Indianapolis, IN 46241
Chapel Hill Ben Davis


HIGHLIGHTS

  • Prominent hard corner location at US 40 and High School Road with excellent retail visibility and traffic exposure.
  • Immediate access to I 465 providing efficient regional connectivity across the Indianapolis metro and airport area.
  • Flexible configuration with two entrances, firewall separation and two restrooms that can support single or future multi tenant use.
  • Bright retail showroom environment with approximately 12 foot ceilings and energy efficient LED lighting throughout.
  • Rear dock high loading area with overhead door that streamlines deliveries and inventory handling for owner operators.
  • Optional on site storage with two 10 by 40 foot shipping containers that seller is willing to leave for buyer’s use, if desired.

OVERVIEW

This rare owner user opportunity offers a highly visible commercial building in one of the strongest west side corridors that Indianapolis has to offer. Positioned on the northeast corner of US 40 and High School Road, just one block west of the I 465 interchange, the property delivers outstanding exposure to both commuter and neighborhood traffic and convenient regional access for customers, staff and deliveries. Currently operated as a bicycle shop, the building is well suited for retail, showroom, service, or specialty uses that value strong signage and easy parking. The interior features approximately 12 foot ceiling heights with efficient LED lighting that creates a bright, welcoming sales environment. An updated HVAC system installed in 2018 supports comfortable, cost conscious operations for the next owner. The layout is particularly attractive for an owner occupant buyer. Two separate entrances, divided by a firewall and firewall door, along with two restrooms, create the option to operate as a single user space today while preserving the flexibility to demise the building for a second income producing tenant in the future if desired. At the rear of the building, a loading dock with overhead door and dedicated loading area simplify receiving, inventory management and outbound distribution. For users that require additional storage, the seller is willing to leave two 10 foot by 40 foot shipping containers on site for added secure capacity, subject to buyer preference and local regulations. Located within minutes of the I 465 loop and with convenient access to the broader Indianapolis metro and the airport area, this property offers a compelling combination of visibility, functionality and long term flexibility for an owner user buyer.

FOR SALE DETAILS

PRICE

$875,000 USD

PRICE/SF

$168 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,225 SF

ZONING

ZO01

APN/PARCEL ID

49-12-13-104-014.000-930

ASK ABOUT THIS PROPERTY

Steve CustisRE/MAX CornerstoneMore Info
765-720-2755

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Steve CustisRE/MAX CornerstoneMore Info
765-720-2755

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