2214-2228 E 44th St - Warehouse FOR SALE


Indianapolis, IN 46205- Fairgrounds
$900,000 USD
317-863-9271
2214-2228 E 44th St, Indianapolis, IN for Sale
$900,000 USD
Warehouse - FOR SALE
1/15
null | Request Cap Rate

2214-2228 E 44th St
Indianapolis, IN 46205
Fairgrounds


HIGHLIGHTS

  • Below-market rents and short-term leases in place
  • Light industrial zoning (I2) allows for wide range of industrial uses
  • Many recent capital improvements
  • Excellent access to Keystone Ave and Fall Creek Pky
  • Recent roof replacement on west end of building
  • Heavy 3-Phase power to the building

OVERVIEW

+/- 15,000 SF multi-tenant industrial property for sale directly off of Keystone Ave. Building consists of four (4) total units and is fully-leased to three (3) tenants. The combination of short-term leases and below-market rents offers immediate upside for an investor. The property’s layout allows for flexibility for both investors and owner-occupiers.

FOR SALE DETAILS

PRICE

$900,000 USD

PRICE/SF

$53 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

+/-15,000 SF Multi Tenant Industrial Property

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

undefined, Distribution, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1989

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

7

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.72

LAND SF

31,363

ZONING

I2

APN/PARCEL ID

49-07-18-103-122.000-801

ASK ABOUT THIS PROPERTY

Wade WilsonSVN | Northern CommercialMore Info
317-863-9271

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Wade WilsonSVN | Northern CommercialMore Info
317-863-9271

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