2439 W 16th St - Storefront Retail/Office FOR SALE


Indianapolis, IN 46222- Near Westside Indianapolis
$335,000 USD
317-903-2096
2439 W 16th St, Indianapolis, IN for Sale
$335,000 USD
Storefront Retail/Office - FOR SALE
1/5
null | 8.6% Cap Rate

2439 W 16th St
Indianapolis, IN 46222
Near Westside Indianapolis


HIGHLIGHTS

  • Corner Lot
  • High Traffic Area
  • Easy access on West Side of Indianapolis

OVERVIEW

PROPERTY OVERVIEW • PRICE REDUCED: $350,000 • 2,800 SF retail building • Zoned C5 • 0.16 acre corner lot • Ample parking in rear and on street • Heavy traffic corridor • Excellent location on west side of Indianapolis near 16 Tech, Indianapolis Motor Speedway, Indiana University/Purdue University Indianapolis • Current buildout is basically white boxed with one standalone office in front of building with a kitchen and restrooms in the rear * Current zoning of C5 allows for Automotive Sales, but the property and building as they are today is not ideal for that use. * Current tenant can be vacated with a 90 day notice.

FOR SALE DETAILS

PRICE

$335,000 USD

PRICE/SF

$120 USD /SF

CAP RATE

8.6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

CROSS STREETS

Mount St

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

C-5

APN/PARCEL ID

49-06-33-151-003.000-901

ASK ABOUT THIS PROPERTY

Terina WidnerJackson IGMore Info
317-903-2096

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Terina WidnerJackson IGMore Info
317-903-2096

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