1628 E Bates St - Warehouse FOR SALE


Indianapolis, IN 46201- Irish Hill
$1,600,000 USD
317-410-8851
1628 E Bates St, Indianapolis, IN for Sale
$1,600,000 USD
Warehouse - FOR SALE
1/31
null | Request Cap Rate

1628 E Bates St
Indianapolis, IN 46201
Irish Hill


HIGHLIGHTS

  • Near downtown
  • Development potential

OVERVIEW

Located in the highly desirable Fountain Square neighborhood, 1628 Bates St. presents a prime opportunity for investors or developers looking to capitalize on one of Indianapolis's most active growth corridors. Surrounded by a strong mix of renovated homes and new construction, this property sits in an area where demand continues to rise thanks to its proximity to downtown, the Fountain Square commercial corridor, and major commuter routes. Whether you're looking for your next redevelopment project, a potential new build site, or a strategic buy-and-hold investment, the possibilities here are significant. The lot offers strong upside in a neighborhood with continued infill development and revitalization driving momentum. Bring your vision and take advantage of the location, the growth, and the opportunity that this property has to offer. Please note that a new roof system, gutters, and roll up garage door are being installed on the main building. Painting and tuckpointing on this building are also underway. Sale includes lots 49-10-07-106-001.000-101, 49-10-07-106-002.000-101, 49-10-07-106-003.000-101, 49-10-07-106-004.000-101, and 49-10-07-106-007.000-101. Property being sold as-is, including zoning. Seller cannot close before 6/1/26. All noted repairs will be complete prior to closing.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$200 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1908

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

1

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.46

LAND SF

20,038

ZONING

I3

APN/PARCEL ID

49-10-07-106-001.000-101,49-10-07-106-002.000-101,49-10-07-106-003.000-101,49-10-07-106-004.000-101,49-10-07-106-007.000-101

ASK ABOUT THIS PROPERTY

Garrett LawtonTrueblood Real EstateMore Info
317-410-8851

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Garrett LawtonTrueblood Real EstateMore Info
317-410-8851

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