2131 E 54th St - Office FOR SALE


Indianapolis, IN 46220- Canterbury-Chatard
$560,000 USD
317-607-0884
2131 E 54th St, Indianapolis, IN for Sale
$560,000 USD
Office - FOR SALE
1/11
null | Request Cap Rate

2131 E 54th St
Indianapolis, IN 46220
Canterbury-Chatard


HIGHLIGHTS

  • High-visibility location within the Broad Ripple trade area.
  • Flexible layout configured for a wide range of commercial users.
  • Ample parking supported by a 0.64-acre site and detached 22' x 24' garage.
  • Includes conference room, classrooms, and a reception area for professional use.
  • Redevelopment potential under Village Mixed Use zoning aligns with Indianapolis growth plans.

OVERVIEW

This freestanding commercial building offers an attractive acquisition opportunity in the sought-after Broad Ripple area of Indianapolis. Spanning 5,530 SF on a 0.64-acre parcel, the property features a flexible floor plan and a history of varied uses including daycare, church, and office functions. Zoned C-1 with Village Mixed Use redevelopment potential, the site provides investors the option for adaptive reuse or a long-term repositioning strategy consistent with the area’s growth trends. With easy access along the north Indianapolis corridor, ample paved parking, and a detached 22' x 24' garage, the asset delivers both functionality and future upside. Its proximity to established neighborhoods, retail centers, and major roadways positions this property as a versatile investment in a dynamic market.

FOR SALE DETAILS

PRICE

$560,000 USD

PRICE/SF

$101 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

27

LAND DETAILS

LAND ACRES

0.64 AC

LAND SF

27,878 SF

ZONING

C-1

APN/PARCEL ID

49-07-07-141-015.000-801

ASK ABOUT THIS PROPERTY

Sharon ThompsonKW Commercial IndianaMore Info
317-607-0884

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Sharon ThompsonKW Commercial IndianaMore Info
317-607-0884

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